[37841] in Discussion of MIT-community interests
Drop Drugs-- like a Bad Habit- Using rehab programs
daemon@ATHENA.MIT.EDU (Drug Rehabilitation)
Mon Mar 23 19:39:21 2015
To: <mit-talk-mtg@charon.mit.edu>
Date: Mon, 23 Mar 2015 19:39:20 -0400
From: "Drug Rehabilitation" <DrugRehabilitation@glutaminor.eu>
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<a target="" href="http://www.glutaminor.eu/l/lt1BC9199B187HU/192N887J47765U305U116285397BD136709387" id="subj"> Drop Drugs-- like a Bad Habit- Using rehab programs </a>
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<p align="center" style="font: 13px;">words, the rate of interest. He speaks of a "proportion of 10 per cent," by which he does not mean as formerly 10 per cent of the return obtained by FGCMPRXX
the hiistance of the capital lent, but 10 per cent on the parent OHX capital. And in the fall of the interest 7ea99ed1b6714702bd5343b786c98bee rate from 10 per cent to 4 per cent—"the
decline in the proportion charged for the use of capital"—he sees<B>a simple application of the law just</B>proved, without a suspicion that the WMS proportion </p>
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<p align="right" style="font: 15px;">spoken of earlier means something quite different from that HVF now referred to. In case the reader may think that this criticism is mere hair-splitting, I </p>
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<p align="right">would ask him to consider the following concrete ilhiration, which i adapt as closely as possible to Carey's line of argument. Suppose that with 7ea99ed1b6714702bd5343b786c98bee a steel axe a worker, in a year's time, can cut down 1000
trees. If only one such axe is 7ea99ed1b6714702bd5343b786c98bee to be had, and no other of the same OSLV kind can be made, its owner may ask and receive for the transference of its use a
large part 7ea99ed1b6714702bd5343b786c98bee of the total return—say one-half. Thanks to the monopoly, the capital value which the single axe obtains in these circumstances will also
be high; it may, e.g. amount to the value 7ea99ed1b6714702bd5343b786c98bee of as many trunks as a man can fell with it OOYF in two years—that is, 2000 trunks. The price of 500 trees
which is paid for the year's use of the axe represents in this case a proportion of 50 per cent of the total yearly return, but a proportion of 7ea99ed1b6714702bd5343b786c98bee
25 per cent only of 7ea99ed1b6714702bd5343b786c98bee the value of the capital. This by itself proves that the two proportions are not identical; but let us look further. </p>
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<p align="left" style="font: 9px;">Later on people learn to manufacture steel axes in any quantity HYVUKLCS desired. the capital value of the axes falls to the amount of the his of
reproduction POIHP at the time. IXWG say that these his are equal to eighteen days of labour; then a steel axe will be worth about as much as fifty trees,
since the felling of fifty trees also his eighteen days' labour. Naturally if the owner lend the axe he will now be content to take a much 7ea99ed1b6714702bd5343b786c98bee
smaller proportion of VLY the 1000 trees that represent the year's work; instead of receiving the half, as before, he now gets no more than a
twentieth—that is, fifty trees. These fifty trees represent, on the one hand, 5 per cent of the total return, and, on the other hand, 100 per cent 7ea99ed1b6714702bd5343b786c98bee </p>
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<p>of the capital value of the axe. [none] What does this prove? The one proportion, 50 per cent of the gross return, represented only 25 per cent of FIEVDS the capital value of the axe; the smaller
proportion, 5 per cent of the total return, represents 100 per cent of the capital value. In other words, while the proportion of the total return SRHT
fell to a tenth part of what it was at first, the rate of interest represented by 7ea99ed1b6714702bd5343b786c98bee this proportion rose fourfold. So little necessity is there
that the proportions which Carey lightly 7ea99ed1b6714702bd5343b786c98bee confuses with one YPSVM another should run parallel; and so little does Carey's law of the "falling of the </p>
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<p align="center" style="font: 15px;">capitalist's proportion" show FJPBAGJ what he intended JVUIVBGJ to show—the course pursued by the rate of interest. It scarcely needs further proof that Carey's contributions to the
explanation of interest are entirely worthless. The peculiar problem of DNTJKXEF interest, the explanation why it is that the return falling to the share of .</p>
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