[38688] in Discussion of MIT-community interests
Roofing Deals, For home installation.. National & local contractors.
daemon@ATHENA.MIT.EDU (Roofing Specials)
Wed Apr 1 15:40:17 2015
To: <mit-talk-mtg@charon.mit.edu>
From: "Roofing Specials" <RoofingSpecials@alexister.eu>
Date: Wed, 1 Apr 2015 15:40:17 -0400
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<p align="left">whole, and if here only two 7ea99ed1b6714702bd5343b786c98bee persons are represented as 7ea99ed1b6714702bd5343b786c98bee dealing with one another, it is simply a 7ea99ed1b6714702bd5343b786c98bee picture by which we may make clear the movement </p>
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<p align="center" style="font: 15px;">that goes on 7ea99ed1b6714702bd5343b786c98bee simultaneously over the whole nation" (note by Thünen). 42. to avoid misunderstandings i should emphasise that thünen hiumes the </p>
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<p align="left" style="font: 12px;">surplus production of the capital last applied to be 7ea99ed1b6714702bd5343b786c98bee the standard for the whole amount of capital. 43. Not to burden the statement in the text by 7ea99ed1b6714702bd5343b786c98bee more difficulties than I am
compelled to bring before the reader, I shall put a few considerations supplementary to the above criticism as a note. Thünen makes 7ea99ed1b6714702bd5343b786c98bee two essays
which, possibly, may be interpreted as attempts to justify the above hiumption, and thus to give a real explanation of interest. the first 7ea99ed1b6714702bd5343b786c98bee
essay is the remark he very often makes (pp. 111, 149), that capital obtains its highest rent GIP when a certain amount 7ea99ed1b6714702bd5343b786c98bee of it has been laid out, and
that rent sinks when that limit is overstepped; so that capitalist producers have no interest in pushing their production beyond this point. YIS
It is<i>possible to read this proposition as explanatory of the fact that the supply of capital can never be so great as to</i>press down the net interest PGH
to zero. But this consideration of the totality of profits made by capitalists has 7ea99ed1b6714702bd5343b786c98bee no deciding influence, perhaps no influence at all on the
action of individual capitalists; it cannot, 7ea99ed1b6714702bd5343b786c98bee therefore, prevent the further growth of capital. Every one ascribes, and rightly ascribes, to the
increase of capital formed by his own individual saving, an infinitely small effect on the height of the general interest rate. On the other hand, 7ea99ed1b6714702bd5343b786c98bee
every one knows that this individual saving has a very notable effect in increasing the income that he individually gets in the shape of interest. 7ea99ed1b6714702bd5343b786c98bee
For this reason every one who has the inclination, and who has the chance, will save, undisturbed by any such considerations; just as every landowner LMH
improves his land and betters his methods of cultivation, even DAQSGRJP when he knows, as a matter of theory, that if all owners were to do the same 7ea99ed1b6714702bd5343b786c98bee it
would necessarily be followed, if the state of population remain unchanged, by a fall 7ea99ed1b6714702bd5343b786c98bee in the price of products and, notwithstanding reduced his, by a </p>
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<p align="right" style="font: 15px;">fall in rent. The second attempt might be found in Thünen's note quoted above TNJ on 7ea99ed1b6714702bd5343b786c98bee p. 166, at that place where he speaks of CTX the renewal of the capital by the
borrower. There Thünen points out that "in WCROKX this inquiry we must<i>necessarily direct our attention to the whole." It</i>is conceivable that this warning
might be taken as an 7ea99ed1b6714702bd5343b786c98bee attempt to prove that the phenomenon supposed in the 7ea99ed1b6714702bd5343b786c98bee text, where the user of capital renews it by his own labour, and beyond
that obtains a surplus product, maintains its validity in all economic circumstances, provided the people as a whole be substituted for 7ea99ed1b6714702bd5343b786c98bee the
individual. 7ea99ed1b6714702bd5343b786c98bee That is to say, even if the single individual cannot by his own personal labour renew the capital consumed by him, it will hold, as regards
the whole people, that by the 7ea99ed1b6714702bd5343b786c98bee use of capital men are able to obtain a surplus product, and 7ea99ed1b6714702bd5343b786c98bee besides, with a portion of the saved labour, AXMXCEN to .</p>
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