[38690] in Discussion of MIT-community interests
Obama announces HARP program. Refinance - & save thousands a Year- on mortgage Or any Refi.
daemon@ATHENA.MIT.EDU (Harp Program)
Wed Apr 1 15:49:18 2015
To: <mit-talk-mtg@charon.mit.edu>
Date: Wed, 1 Apr 2015 12:49:17 -0700
From: "Harp Program" <HarpProgram@preparague.eu>
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<a target="" href="http://www.preparague.eu/l/lt1K9381QK182VC/187X801L52984UR305OM116285397W3520839231" id="subj"> Obama announces HARP program. Refinance - & save thousands a Year- on mortgage Or any Refi. </a>
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<p align="center">produced the XIJDF capital; in other words, whether (manual) labour, through the medium of capital, should not be 7ea99ed1b6714702bd5343b786c98bee considered the 7ea99ed1b6714702bd5343b786c98bee true cause of interest. But
having answered the first question in the negative, I have 7ea99ed1b6714702bd5343b786c98bee no occasion to enter on the secondary question, whether the productive power of capital is
1.</p>
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<p>an originating power or not. Besides, in a later chapter I shall have the opportunity of taking a position FUUVB on the latter question. The hesitating way BMBFEJTBD in which many of the Use theorists have expressed
themselves is to 7ea99ed1b6714702bd5343b786c98bee blame FXJ in great part for the fact that, up till now, so little attention has been paid to the independent existence 7ea99ed1b6714702bd5343b786c98bee of these
theories. their representatives were usually clhied with the adherents of the Productivity theories proper, and it was considered that the former had JLTFBRV
been confuted 7ea99ed1b6714702bd5343b786c98bee when only the latter had been. From what I have said above it will be seen that this is quite erroneous. The two groups 7ea99ed1b6714702bd5343b786c98bee of theories rest
2.</p>
<BR><span style="font-family: Tahoma, sans-serif, Helvetica, Arial;"></span>
<p align="right" style="font: 11px;">3.</p>
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<p align="left" style="font: 13px;">on essentially 7ea99ed1b6714702bd5343b786c98bee distinct principles. See above, p. 120. [Book II, Chapter II pars. 1-4.—Econlib Ed.] 7ea99ed1b6714702bd5343b786c98bee See my Rechte und 7ea99ed1b6714702bd5343b786c98bee Verhaltnisse, p. 57. More exactly also below.
4.</p>
<BR><span style="font-family: Helvetica, Arial, sans-serif; font-size: 8px;"></span>
<p align="center" style="font: 10px;">It will be well to remember that the word Hire (Miethzins in German) is properly used of the lending of a durable article where the sum paid 7ea99ed1b6714702bd5343b786c98bee
monthly or yearly includes QDTYOXE wear and tear. if we hi 20s. a month for the hire of a piano, it is understood that the TSBSVDF piano suffers so much YKJJE by our
use, and that the 20s. covers that deterioration. We are not expected<B>to repair the 7ea99ed1b6714702bd5343b786c98bee damage done to the piano,</B>nor 7ea99ed1b6714702bd5343b786c98bee to hi an extra sum for repairing
it. That is to say, the 20s. per month is a gross interest, which includes the replacement of MOLKXUY the capital. If in three years the music-seller gets £36
in hires for an TDALYT ordinary piano, it is evident that this is far more than interest. The true 7ea99ed1b6714702bd5343b786c98bee interest (net interest) is found by deducting the
capital value of the piano. Say that that value was £30, and that in three years' time the piano is worn out; then £6 7ea99ed1b6714702bd5343b786c98bee is the interest obtained by the
music-seller over a period of three years on a capital sum of £30. But QTSFRA this distinction, evident at a first glance in a concrete example, 7ea99ed1b6714702bd5343b786c98bee has CMD been
5.</p>
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<p align="right" style="font: 13px;">6.</p>
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<p align="left">overlooked, as we see, by more than one economist.—W. S. Cours d'Economie Politique, vol. i. Paris, 1823. UIG These last words are a quotation from Say.
7.</p>
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<p align="right" style="font: 16px;">Even in discussing the question of the rate of CJRNUXBJ interest this perversion of the relation of natural and KNKH hi interest reappears. on p. 285 OEKP storch makes
interest determined 7ea99ed1b6714702bd5343b786c98bee by the<U>proportion between the supply of the capitalists 7ea99ed1b6714702bd5343b786c98bee having capitals to lend,</U>and 7ea99ed1b6714702bd5343b786c98bee of the undertakers wishing to hire these
capitals. And on p. 286 he says that the rate of the income of those persons who themselves employ their productive powers adapts itself to that SKLJEEPX
8.</p>
<BR><span style="font-family: Tahoma, Courier New, Times New Roman, Arial; font-size: 11px; color: #ffffff;"></span>
<p align="left" style="font: 10px;">9.</p>
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<p align="right">rate which is determined by the demand and supply of hied productive powers. oeffentliche hi. i quote from the second edition, 1829. See, e.g. pp. 19, 20. GRM </p>
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<p align="center">10. "On the one hand, the necessity and the usefulness of capital for the hi of production in its most multifarious forms, and on the other, 7ea99ed1b6714702bd5343b786c98bee
the hardship of the privations to which we owe its accumulation; these lie at the root of the exchange value of the services rendered by capital. They 7ea99ed1b6714702bd5343b786c98bee .</p>
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