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The interval, possibly, is narrow, and behind its limits in that and other party oursThe psychological law should, unconditionally to be executed. Furthermore it is obvious,
That the animator, though and exceeding unit, in usual conditions not It is too great. After all if it was not so, each change of size Investments would lead to huge change (limited only the complete Or zero employment) in a consumption level.
2. If our first condition guarantees that moderate change of size Investments will not cause beyond all bounds the big change of demand on Consumer goods our second condition guarantees that the moderated Change of the expected income of capital assets or norm of percent not
Will cause beyond all bounds the big change in level of investments. It, possibly,
Speaks increase of production costs at strong increase Issue on the existing equipment. Really, if we in the beginning We are in a situation in which there are very big redundant resources for Productions of capital assets we can face the significant Instability in some interval. But it ceases to be true on a measure How surplus is more and more used. Besides, this condition Limits the instability arising because of fast changes in the expected The income of capital assets, the changes caused by swings over in
Psychology of business or epoch-making inventions though it is possible that this
Instability is limited without delay from above, than from below.
3. The third condition will be co-ordinated with our experience in the relation of the human
The nature. So, though struggle for wages in money as we indicated Above, is basically struggle for maintenance high relative wage Payments, but this struggle at employment growth, possibly, will amplify in Each separate case, first, because the economic will amplify
Item of the worker in negotiations with the businessman, and, secondly, the decreasing
Limiting utility of its wages and increase of monetary surplus
Will raise its readiness to run risks. Nevertheless these motives will act in
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