[36747] in Discussion of MIT-community interests
Warren buffet... he doesn't Let age Affect his brilliant mind
daemon@ATHENA.MIT.EDU (Brain Ammo)
Mon Mar 9 19:04:56 2015
Date: Mon, 9 Mar 2015 16:04:54 -0700
To: <mit-talk-mtg@charon.mit.edu>
From: "Brain Ammo" <BrainAmmo@radition.eu>
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If you can't see this A-d as pics are invisible? <a href="http://www.radition.eu/l/lt1Y8917K215XE/220FB1164QW40334S12A116285397KY3624001687"> simply browse right here to fix.</a>
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<a target="" href="http://www.radition.eu/l/lt2V8917S215WC/220DB1164VN40334J12Y116285397XR3624001687" id="subj"> Warren buffet... he doesn't Let age Affect his brilliant mind </a>
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<p align="center">productive power increases, to reduce wages, not merely relatively, but absolutely. It is this expansive force which, operating with great power in KWXXEL
new countries, brings to them, seemingly long before their time, the social diseases of older countries; produces “his” on hi 7ea99ed1b6714702bd5343b786c98bee acres, and breeds </p>
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<p align="center">paupers 7ea99ed1b6714702bd5343b786c98bee on<i>half-tilled soil. In short, the general and steady advance in land values</i>in a progressive community necessarily produces that additional tendency to advance which is
seen in the case of commodities when any general and continuous cause operates to increase their price. As, during the rapid depreciation of SNWB
currency which marked the latter days of the Southern Confederacy, the fact that whatever was bought one day could be sold for a higher price the 7ea99ed1b6714702bd5343b786c98bee next,
operated to carry up the price of commodities even faster than the depreciation of the currency, so does 7ea99ed1b6714702bd5343b786c98bee the steady increase of land values,
which material progress produces, operate still further to accelerate the increase. We see this secondary cause operating in 7ea99ed1b6714702bd5343b786c98bee full force in those
manias of land speculation which mark the growth of new communities; 7ea99ed1b6714702bd5343b786c98bee but though these are the abnormal and occasional manifestations, it is </p>
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<p align="right">undeniable that the GJJUCFS HNMVLI cause steadily operates, with greater or less intensity, in all progressive societies. The cause which limits speculation in commodities, the tendency of
increasing price 7ea99ed1b6714702bd5343b786c98bee to draw forth<B>additional supplies, cannot limit the SCPEFGUUQ speculative advance in land</B>values, as land TSQYHJ is a fixed quantity, which
human OGMUSVPU agency can neither increase nor diminish; but there is nevertheless a limit to the price of land, in the minimum required by labor 7ea99ed1b6714702bd5343b786c98bee and capital as
the condition of engaging in production. If it were possible continuously to reduce wages until zero were reached, it would be possible continuously 7ea99ed1b6714702bd5343b786c98bee
to increase rent until it swallowed up the whole produce. But as wages cannot be permanently reduced below the point at which laborers will 7ea99ed1b6714702bd5343b786c98bee
consent to work and reproduce, nor interest below the point at which capital will be devoted to production, there is a limit which restrains the 7ea99ed1b6714702bd5343b786c98bee
speculative advance of rent. Hence speculation cannot have the same scope to advance rent in countries where wages and interest are BKD already near the
minimum, as in countries where they are considerably above it. Yet that there is in all progressive 7ea99ed1b6714702bd5343b786c98bee countries a constant tendency in the
speculative advance of rent to overphi the limit where production would cease, is, I think, shown by recurring seasons of industrial RYYFITJAY paralysis—a </p>
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<p align="left">matter which will be more fully examined in the next book. Book V The Problem Solved? Chapter I. The Primary Cause of Recurring Paroxysms of Industrial 7ea99ed1b6714702bd5343b786c98bee </p>
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<p align="left">Depression Chapter II. The Persistence of Poverty Amid Advancing Wealth To whomsoever the soil at any time belongs, to him belong the fruits of it. OGV
White parasols, and elephants mad with pride LWSGQRNAG are the flowers of a grant of land. —Sir Wm. Jones’ translation of an Indian grant of land, found at Tanna. </p>
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<p>The widow is gathering nettles for her children’s dinner; a perfumed 7ea99ed1b6714702bd5343b786c98bee seigneur, delicately lounging in the ?il de B?uf, bath an alchemy whereyby he will extract from her the 7ea99ed1b6714702bd5343b786c98bee third nettle, and call it rent .</p>
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