The capital goods have to be taken unit by unit if their value for productive purposes is to be rightly gauged.
Lugo, Lessius, and Molina adduced the productivity of capital goods as a reason for allowing gains to the investor.
That Fisher means the money-prices of capital goods when he speaks of capital-values is perfectly clear.
The construction or acquisition of the concrete "capital goods" was simply an easy consequence.
In an exactly similar way a body of capital goods is maintained as a perpetual instrumentality of production.
But in that case there would be no question of capital goods, or of capital, or of labor.
The relationship between the output of capital goods and that of consumer goods is equally ambiguous.
There is a large volume of capital goods whose value lies in their turning the technological inheritance to the injury of mankind.
In 1971 the capital goods sector employed 52.5 percent of the industrial labor force and produced 56 percent of the output.
Such a comprehensive study of capital goods, if it is carried far enough, becomes a study of the abiding entity, capital.