Besides natural law, scholastic thinkers developed a notion of natural rights, borrowing the notion of a right from the canon lawyers.
The men who drafted the United States Constitution and the Bill of Rights borrowed from it.
Its debt-free, cash-rich industrial businesses are, arguably, paying an even higher price, buying new firms with cheap shares when they should, by rights, borrow to do so.
Not quite yet, but at some time in the not too distant future, the monetary policy committee thinks the conditions will be right for borrowing costs to go up.
Unfortunately, Charles just kept right on borrowing.
He observed further that by the articles of Confederation was delegated to Congs. a right to borrow money indefinitely, and emit bills of Credit which was a species of borrowing, for repayment & redemption of which the faith of the States was pledged & their legislatures constitutionally bound.
Another, in a similar spirit, is to auction the right to borrow abroad.
Is it ever right to borrow money to go on a vacation?
Professor Ben Polak: All right, otherwise borrow it from your neighbors, I have IOU's here.
"Oh, but Article I expressly gives Congress the right to borrow". So it does.
