In Hamlet Act I, Scene iii Polonius offers his son the following advice. Neither a borrower nor

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In Hamlet Act I, Scene iii Polonius offers his son the following advice.

"Neither a borrower nor a lender be;

For loan of loses both itself and friend,

And borrowing dulls the edge of husbandry."

Why would most economist consider this to be bad advice? Are there any conditions under which this is good advice?

Related Book For answer-question

A Concise Introduction to Logic

ISBN: 978-1305958098

13th edition

Authors: Patrick J. Hurley, Lori Watson

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Posted Date: Nov 25, 2022 01:20 PM

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In Hamlet Act I, Scene iii Polonius offers his son the following advice. Neither a borrower nor

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Most economists would consider this to be bad advice because it discourages people from borrowing ... View the full answer

A Concise Introduction to Logic

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