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Combining them in each branch so that the contribution of each factor not Was aloud less, than at its application somewhere else. Really prevailed Aspiration to correct production not so that to receive the maximum Return from each kind of available resources but so that to maximiseDifference between value of a product and value of factors of production, which
It would be possible to use somewhere else. This concentration on the maximum
Exclusive profits, instead of on the best use of available factors
Productions, are an inevitable consequence of transformation of the right to make
The goods in "the rare factor of production". In the world of such monopolies can not
To occur universal curtailment of production in the sense that any
Production factors would remain vacant, however issue, of course, will decrease
Because of uneconomical distribution of factors between branches. So will be, even
If instability which Edzhvort was afraid, appears insignificant. The reached balance would have the form, at which in the best way One rare Ufaktory would be used only: possibility to maintain Consumers. It does not limit harm from the general reorganisation of the industry in Monopolistically spirit. So-called Uekonomijay, which, allegedly,
It would become possible in case of Ureorganizatsiiy of branches on the monopolistically
Principles, on closer examination it appears pure waste of resources. In The present practically in all cases when planning settles in
Individual industries, as the purpose use of achievements of the technical acts
Progress.
"Progress", Economics of Welfare (4th ed., Economica, 1985), 1933, p.188 (it. The lane: it of well-being. It,
May,
1932), About these problems compare: A.C.Pigou, my article: "The Trend of Economic Thinking" and p. 132. it is sometimes proclaimed that the competitiveness does the impossible
Desirable introduction of technical innovations. In other cases of objection Against a competitiveness consist that it causes losses, imposing
Application of new machine tools, etc. when manufacturers would prefer to continue
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