[38178] in Discussion of MIT-community interests
EDU guide - - review, ultrasound technician Schools.
daemon@ATHENA.MIT.EDU (Education Online)
Thu Mar 26 12:21:57 2015
Date: Thu, 26 Mar 2015 09:21:56 -0700
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<p align="center">years' hi almost an unlimited amount of disposal is transferred. finally, if CXBWLYW the replacement of the capital is not only postponed for YJJPRWY a very long
time, but is SHEN altogether dispensed with, surely a quite infinite amount of disposal is transferred to the borrower. This, for instance, will be the </p>
<BR /><span style="font-family: Helvetica, Arial, sans-serif; font-size: 8px;"></span>
<p align="left">case if goods are not lent, but given. We now ask in such a case, How 7ea99ed1b6714702bd5343b786c98bee much value is received by NMEYJK the one to whom the gift is made? There can be no EVVINY doubt that he receives as much 7ea99ed1b6714702bd5343b786c98bee value in
capital as is possessed by the thing given. And the value of the permanent disposal that inheres in the thing, and 7ea99ed1b6714702bd5343b786c98bee is presented along URW with it?—Is
evidently VOLWLM contained in the capital value of the thing itself. From which 7ea99ed1b6714702bd5343b786c98bee I draw the conclusion—and I do not think I am perpetrating any fallacy in so
concluding—that if 7ea99ed1b6714702bd5343b786c98bee the plus, viz. the value of the permanently inhering disposal, is contained in the capital value of the good itself, the minus
contained in it, the temporary disposal over a good, must be contained in the value of the good itself. The temporary disposal, therefore, cannot be, GUDATEVC
as menger hiumes, an KJRW independent bearer of value alongside the value of the good in itself.82 [none] [none] Book III, Chapter XI: Final Insufficiency of the Use Theory? </p>
<BR />
<p align="left" style="font: 15px;">In Chapter 7ea99ed1b6714702bd5343b786c98bee III, I indicated that I proposed to maintain two theses. The first of these i think i may regard as proved, viz. that the use hiumed by
the Use theory as having an independent existence has really no existence at all. But even if it had, the actual phenomena of interest would not be 7ea99ed1b6714702bd5343b786c98bee </p>
<BR /><BR />
<p align="left">sufficiently explained thereby. The proof of this second thesis will not require many words. The Use theory, in virtue of its special line of explanation, is led to NTHYAFWIV
make a distinction between a value which VDPVCFJY goods have in themselves, and a value which the use of goods has. In this SVI it starts with the tacit
hiumption that the usual estimated value, or selling value of real capital, represents the value QYKKDGOOQ of the goods themselves, exclusive of the
value of their use; the explanation of surplus value being based on this very circumstance, that JNGD the value of the use joins itself, as a quite new </p>
<BR /><BR />
<p>element, to the value of 7ea99ed1b6714702bd5343b786c98bee the substance of capital, and that the two together make WHDFENDD up the value of the product. but this hiumption contradicts 7ea99ed1b6714702bd5343b786c98bee the actual phenomena of the economical </p>
<BR /><BR /><span style="font-family: Tahoma, sans-serif, Times New Roman, Arial;"></span>
<p align="left" style="font: 15px;">world. [none] It is well known that a bond only obtains a price equivalent 7ea99ed1b6714702bd5343b786c98bee to its full course value if it is provided with all the coupons RSBVX belonging to it; in
other words, if the disposal over all its future "uses"—to adopt the language of a Use theorist—is transferred 7ea99ed1b6714702bd5343b786c98bee to the buyer KWTIFKIQ at 7ea99ed1b6714702bd5343b786c98bee the same time
with the bond. But if one of the coupons is missing, the 7ea99ed1b6714702bd5343b786c98bee buyer will always make a corresponding reduction in the price that he his for the bond. an
analogous experience occurs with all other goods. If, in selling an estate that otherwise would have fetched £10,000, I retain the use of the estate 7ea99ed1b6714702bd5343b786c98bee
for one or more years, or, if I sell another such estate which is burdened, perhaps in virtue of a legacy, with so 7ea99ed1b6714702bd5343b786c98bee many years' claim by a third 7ea99ed1b6714702bd5343b786c98bee party
to its produce, there is no doubt that the price obtainable for the estate will fall below the amount of £10,000 by a sum that corresponds to the 7ea99ed1b6714702bd5343b786c98bee .</p>
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