[38742] in Discussion of MIT-community interests

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daemon@ATHENA.MIT.EDU (MedicareProviders)
Thu Apr 2 06:12:23 2015

Date: Thu, 2 Apr 2015 06:12:22 -0400
From: "MedicareProviders" <MedicareProviders@kariolate.eu>
To: <mit-talk-mtg@charon.mit.edu>

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13. Harmonies Economiques (vol. vi of complete works), third edition, Paris, 1855, p. MSODE 210. See also the pages immediately preceding, 207-209, and </p>
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<p align="center" style="font: 12px;">generally 7ea99ed1b6714702bd5343b786c98bee the whole of Chapter VII. [In English translation: Economic Harmonies, .—Econlib Ed.] 14. "Si l'on penètre le fond des choses, on trouve qu'en ce cas le cédant se 
prive en faveur du cessionaire ou d'une satisfaction immédiate qu'il récule de plusieurs années, ou d'un instrument de travail qui aurait augmenté ses  WCNLIKIYE 
forces, fait concourir les agents naturels, et augmenté, 7ea99ed1b6714702bd5343b786c98bee a son profit, le rapport des satisfactions aux efforts" (vii. p. 209). "Il ajourne la 
possibilité IDIYEFKL d'une production.... Je l'emploierai pendant dix ans sous une forme productive" (xv. 7ea99ed1b6714702bd5343b786c98bee p. 445). So often in the tract Capital et Rente, 
e.g. EFKODU p. 44. James, who has made a plane, and has BKU 7ea99ed1b6714702bd5343b786c98bee now lent it to William for a year, makes this the ground for his 7ea99ed1b6714702bd5343b786c98bee claim of interest: "I expected some </p>
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<p align="right">advantage from it, more work done and better paid, an improvement in my 7ea99ed1b6714702bd5343b786c98bee lot. I cannot lend you all that for nothing." 15. thus bastiat QFLTJLXY in capital et rente, p. 40, hiumes that the borrowed sack of 
corn puts the borrower in a position to produce a valeur superieure. On 7ea99ed1b6714702bd5343b786c98bee p. 7ea99ed1b6714702bd5343b786c98bee 43 he calls the reader's attention, in italics, to the fact that the 
"principle that is to solve the interest problem" is the power that resides in the tool to increase the productivity of labour. Again he says, on 7ea99ed1b6714702bd5343b786c98bee p. 
46, "Nous pouvons conclure qu'il est dans la nature du capital de produire un intérêt." On p. 54, "L'outil met l'emprunteur 7ea99ed1b6714702bd5343b786c98bee à même de faire des 
profits." Indeed it is the aim of the brochure, as we gather from the introduction to it, to defend the "productivity of capital" against the  7ea99ed1b6714702bd5343b786c98bee </p>
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attacks of the socialists. 16. See, e.g. Rodbertus, Zur Beleuchtung, i. p. 116, etc.; Pierstorff, p. 202. 17. P. 214. 18. P. 216. 19. "... et je défie qu'on puisse imaginer WGKHGOPJ une telle répartition en dehors du </p>
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<p align="center">mécanisme de l'intérêt" (p. 217). 20.<i>"réconnaissons donc que le mécanisme social naturel est hiez 7ea99ed1b6714702bd5343b786c98bee ingénieuz</i>pour AQPHBBM que nous GNBLIF puissions nous dispenser de lui VFVD substituer un mécanisme </p>
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artificiel" (p. 216, at RPODN end). 21. 7ea99ed1b6714702bd5343b786c98bee P. 223. 22. Elements OCTY of Political Economy, third edition, London, JCPBO 1826. I was not able, unfortunately, to PREAUGMDT get sight of the first edition of 1821. </p>
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<p>23. the author (as is evident from a parallel phiage on p. 7ea99ed1b6714702bd5343b786c98bee 100) 7ea99ed1b6714702bd5343b786c98bee means annuities which replace the original value of the machine in ten years, and </p>
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<p align="right">at the same time hi interest at the rate fixed by the condition of the market. 24. See above, p. 97. The doubtful honour of priority in 7ea99ed1b6714702bd5343b786c98bee this theory belongs to </p>
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James Mill. 25. POFUL Traité théorique et pratique d'Economie Politique, i. Paris, 1858. 26. Précis du Cours d'Economie Politique, second edition, Paris, 1881, 1882. </p>
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<p align="left">27. ii. p. 189; also i. p. 236. 28. See above, p. 286. [Book IV, Chapter II, par. IV.II.38.—Econlib Ed.] 29. Traité d'Economie KSQEI Politique, eighth edition, Paris, 1880. P. 522: "Le loyer </p>
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<p>rémunère et provoque les efforts GHXUJ ou le travail d'épargne et de 7ea99ed1b6714702bd5343b786c98bee conservation." 30. The name they themselves use is the "Social Political-School of National 
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