[36562] in Discussion of MIT-community interests
Looking For Medical Billing schools? check these out.
daemon@ATHENA.MIT.EDU (Online Education)
Fri Mar 6 13:04:29 2015
Date: Fri, 6 Mar 2015 13:04:28 -0500
From: "Online Education" <OnlineEducation@ceyhaus.eu>
To: <mit-talk-mtg@charon.mit.edu>
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<p align="right">few hours, some for a few days, some for a few months, some for a few years; and there are SQBQDTS very PDMACHPK few forms of wealth that can be phied from one
generation to another. Take wealth in some of its most useful and permanent forms—ships, houses, railways, machinery. Unless labor is CKWJO constantly
exerted in preserving and renewing them, they will almost immediately become useless. Stop labor in any community, and wealth would vanish almost 7ea99ed1b6714702bd5343b786c98bee
as the jet of a fountain vanishes when the flow of water is shut off. Let labor again exert itself, and wealth will almost as VDEOCRATK immediately reappear.
This has been long noticed where war or other calamity has swept away wealth, leaving population 7ea99ed1b6714702bd5343b786c98bee unimpaired. There is EIE not less wealth in London
to-day because of WJWCFR the TIG great fire of 1666; nor yet is there less ULPMXTWWD wealth in Chicago because of the great fire in 1870, On those fire-swept acres have
arisen, under the 7ea99ed1b6714702bd5343b786c98bee hand of labor, more magnificent buildings, filled with greater stocks of goods; and the stranger who, ignorant of the history of
the city, phies along those stately avenues would not dream that a few years ago all lay so black and bare. The same OUGUKK principle that wealth is
constantly re-created—is obvious in every new city. Given the same population and the same efficiency of labor, and the town of yesterday will 7ea99ed1b6714702bd5343b786c98bee
possess and enjoy as MMHXSPES much as BDUHW the town founded by the Romans. No one who has seen Melbourne or San Francisco can doubt that if the population of England
were transported to New Zealand, leaving all accumulated PPDMD wealth behind, New Zealand would soon be SYBO as rich WBR as England is now; or, conversely, that if
the population 7ea99ed1b6714702bd5343b786c98bee of England were reduced to the sparseness of the present population of New Zealand, in spite NVAI of accumulated wealth, they would soon
be as poor. Accumulated wealth seems INVUUV to play just about such a part in relation to the social organism as accumulated nutriment does to the
physical organism. QMCJNFEWC VPH IUC Some IWQHXKU accumulated wealth is necessary, and to a certain 7ea99ed1b6714702bd5343b786c98bee extent it may be drawn upon in exigencies; but the wealth produced by past
generations can no more account for the consumption of the present than the dinners he ate 7ea99ed1b6714702bd5343b786c98bee last year can supply a man with present strength. </p>
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<p align="left" style="font: 12px;">But without these considerations, which I allude to more for their general than for their special bearing, it is evident that superior VKFFABC accumulations
of wealth can account for greater consumption of wealth only in cases where accumulated wealth is decreasing, and that wherever the volume of UYS
accumulated wealth is maintained, and even more obviously where it is increasing, a greater consumption of wealth must imply a greater production 7ea99ed1b6714702bd5343b786c98bee
of wealth. Now, whether JBEAIL we compare different communities with each other, or the same community at different times, it is obvious that the
progressive state, which is marked by increase of population, is also marked by an increased consumption 7ea99ed1b6714702bd5343b786c98bee and an increased accumulation of wealth,
not merely in the aggregate, but per capita. 7ea99ed1b6714702bd5343b786c98bee And hence, increase of population, so far as it has yet anywhere gone, does not mean a reduction,
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