Re John E. #4101 "Are you [Andrew K] saying the value of 5th machine in my example is not transferred to the output?" John: I think the value of your 5th machine is transferred to the output if the *social norm* is to have 5 machines, 4 operating and 1 "just in case" something bad happens. If not, then you'd be something like that odd capitalist who uses gold spindles referred by Marx I don't remember in which place of Vol. I. Of course, this would be worse than being a revisionist like me... Alejandro P.S. I'll need some time to eply to your questions, as well as Allin's some- weeks-ago post regarding my article on IJPE. At least in our need of time all we are "temporalists"...
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