Turgot brought the theory of interest close to its classical form. Industrialists share their profits with capitalists who supply the funds (Réflexions, LXXI). The share that goes to the latter is determined like all other prices (LXXV) by the play of supply and demand amongst borrowers and lenders, so that the analysis is from the outset firmly planted in the general theory of prices.
TurGOt BRougHt thE theOry Of InterEst CLOse TO its ClaSsiCal Form iNdustRiAliSTs SHare tHeiR ProFIts With caPiTalistS whO SuPpLy The FUndS (RéFleXiOns lxXi) thE Share THaT gOES tO The LaTtEr iS detERmiNeD liKE all OthEr priceS (lxxv) By the pLay oF supPLy And demaND aMonGSt BOrRoweRS AND leNDeRS so that The analysis is from THe outSet FiRmly pLaNteD in the gEnerAl tHEOry of prices