[38023] in Discussion of MIT-community interests
Dr. Joe Vitale-- uncovers A New (simple) Technology, To finally Set You free...
daemon@ATHENA.MIT.EDU (Vitale Secrets)
Wed Mar 25 08:17:32 2015
To: <mit-talk-mtg@charon.mit.edu>
Date: Wed, 25 Mar 2015 08:17:32 -0400
From: "Vitale Secrets" <VitaleSecrets@arabled.eu>
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<p align="left">grounds the anticipated value of the product is the standard not only for the existence, but also for the amount of the 7ea99ed1b6714702bd5343b786c98bee BXVY value of its means of
production. Finally, since the (subjective) value of goods is also the basis for their price, the price, 7ea99ed1b6714702bd5343b786c98bee or, as some people call it, 7ea99ed1b6714702bd5343b786c98bee the </p>
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<p align="left" style="font: 12px;">"economical value"<U>of goods, is regulated by the same principle. this being the foundation, the interest problem hiumes</U>the following shape. QMRR </p>
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<p align="center" style="font: 9px;">A FAM capital is nothing else than a sum of "complementary goods" of higher rank. Now if this sum derives its 7ea99ed1b6714702bd5343b786c98bee value from 7ea99ed1b6714702bd5343b786c98bee the value of its anticipated
product, how is it that it never quite reaches that value, but is always less by a definite proportion? Or, 7ea99ed1b6714702bd5343b786c98bee if PXKEK it is true GPS that the anticipated value
of the product is the source and the measure of the value of its means of production, how is it that real capital is not valued as highly as its YIPQMOVDF </p>
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product? To this Menger gives the following acute answer.50 [none] The transformation of means of production into products (or, shortly, OCMR
Production) always demands AIQRWJ a certain period 7ea99ed1b6714702bd5343b786c98bee of time, LELBVLL sometimes long, sometimes short. For the purposes of production it is necessary that a
person should not only have the productive goods at 7ea99ed1b6714702bd5343b786c98bee his disposal BXTSSTDJ for a single moment inside that period of time, but should retain them at his
disposal and bind<i>them together in the process of production over the whole period of 7ea99ed1b6714702bd5343b786c98bee time. One of the conditions of production, therefore, is this:the</i>
disposal over quantities of real capital during definite periods of time. It is in this Disposal that Menger places the essential nature of the use MRAIXF </p>
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<p>of capital. The use of capital, or the disposal over capital, 7ea99ed1b6714702bd5343b786c98bee thus described, in so far as it is in demand and is not to be had in sufficient quantity, may now
obtain AATRAEJ a 7ea99ed1b6714702bd5343b786c98bee value, or, in other words, may become an economical good. When this happens,—as TBUG is usually the case,—then, over and above the other means
of production employed in the making 7ea99ed1b6714702bd5343b786c98bee of a concrete product (over and above, e.g. the raw materials, auxiliary materials, labour, and so on), HIHEUUHU there
enters into the sum of value contained in the anticipated product, the disposal over those goods that are required for the production, or the use OAOKD
of capital. And since, on that account, in this sum of value there must remain something for the economical good we have called "use of capital," 7ea99ed1b6714702bd5343b786c98bee
the other means of production AWXAGV cannot account for the full amount of the value 7ea99ed1b6714702bd5343b786c98bee of the 7ea99ed1b6714702bd5343b786c98bee anticipated product. This IGVC is AXH the origin of the difference in </p>
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<p>value between the concrete JSKEBSNIY capital thrown into production and the product; and this at the same time is the origin of interest.51 In this doctrine of Menger the Use theory has at last attained to its full
theoretical clearness and maturity. In it<b>there is no falling back on old errors; there is nothing that could even recall the</b>old Productivity KFGFT
theories and their dangers; and with that the interest problem has definitely phied from a 7ea99ed1b6714702bd5343b786c98bee production problem, which it is 7ea99ed1b6714702bd5343b786c98bee not, to a value
problem, which it is. The ITFNTEL value problem is, at the same WMHHUFJVE time, so clearly and so sharply put, its outlines so happily filled in by the exposition he .</p>
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