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Capitalised from account of a recoupment for 33 years (i.e. On the basis of the rate
3 %), will make size about 7 billion it. The item The matter is that value
The capital already enclosed in land improvement of soil, building erection, a lining
The railway or car manufacturing, represents the discounted
Value of future incomes expected from it (or quasirents). And if it
Perspective yield will decrease, accordingly will fall also it
Value which will be now the capitalised value of this smaller
The income minus deductions on amortisation ". (89)
In the prof. Pigu writes to "Economy of well-being": "Essence of service
"Waiting" remains absolutely not clear. Sometimes it is issued as
Granting of money, sometimes as time granting, and in both cases
Prove that it does not accept any sharing in dividend formation.
Neither that, nor other assumption is not true. "Waiting" simply means that
The corresponding person postpones consumption, having possibility to take pleasure
It immediately, and thus keeps resources which could be
Are used in the form of production assets (90)... "Waiting" Unit
Is therefore use of certain quantity of resources (91) - to
To example, work or cars - in a definite time... In the more general form
It is possible to tell that "waiting" unit has dimension time value,
Or, speaking easier, - though and it is less strict, - it is measured in godo-pounds, as
The Dr. Kassel is expressed... It is necessary to warn also against a usual sight,
As if the size of the capital accumulated for a year always is necessarily equal
To size of "savings" same year. It not so, even when savings
Are understood as net savings, i.e. Excluding those savings, which
Have character of the loan of one person for consumption of other, and even if not
To take into consideration time accumulation of the dead capital sums
Or debenture interests in the form of bank contributions. Many savings,
Which intend becoming the capital, actually
Disperse for nothing because of the unreasonable order them "(92).
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