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History of Ideas: Hume

Past Present Future

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How to Raise Money for Public Life

Hume thinks national defence is the most important thing that a state does. So how do you raise money for public life? There are basically he thinks only three options. You could get money to fund your state by conquest. The second way you can do it is through taxation. And then the third way you can doing it is to borrow, which people do all the time.

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