Consolidated Third would be redeemable for national lands; similar to what the Assignat was originally before it became a paper currency The value of these bonds was only one third of the value of the national debt, thus being a form of Debt consolidation. This would represent a repudiation of most of the state's debt, and a bankruptcy of two-thirds of the debt, leading to the euphemism of the remaining being a consolidated third. Consolidated Third The Consolidated Third (French: "le tiers consolidé") is the name given in France to the 1797 repudiation of public debt of which only one third was
What is Living and What is Dead in Indian Philosophy What is Living and What is Dead in Indian Philosophy What is Living and What is Dead in Indian Philosophy is a 1976 book by Debiprasad Chattopadhyaya. Explaining the relationship between the soul and consciousness in the Nyaya-Vaisesika philosophy, Debiprasad Chattopadhyaya makes three points. First, consciousness in this view is knowledge (jnana) in an empirical sense. Second, consciousness is one of the multiple qualities of the soul. Third, consciousness is a transient quality, not a permanent quality. By itself, the soul is without consciousness; consciousness is produced in the soul only when it is conjoined with certain other entities. Hiriyanna,