...discussion will the statement be found that this is the whole difference, but it is put thus : — The greater part, though not the whole, of the distinction between rent and interest on capital turna on the length of the period which we have in view.* [And again :] For the time they [the net...

...which is the centre of the chief difficulty of almost every economic problem, is itself absolutely continuous: Nature knows no absolute partition of...for one problem is a long period for another. "Thus . . . the greater part, though not the whole, of the distinction between rent and interest on capital...

...in the prominence which it gives to this and other applications to the Principle of Continuity . . . Nature knows no absolute partition of time into long...period for one problem, is a long period for another." By the eighth edition, (1982, p. xii) Marshall asserted that the motto "is specially appropriate to...

...difficulty of almost every economic problem is removed by recognizing that Time ... is itself absolutely continuous: Nature knows no absolute partition of...period for one problem, is a long period for another, (p. vii) Normal equilibrium, it follows, is a short period representation of the normal tendencies...

...which is the centre of the chief difficulty of almost every economic problem, is itself absolutely continuous; Nature knows no absolute partition of time into long periods and short (Marshall, 1960, p. vii). This analytical continuity was afforded by the device of impounding 'diverse...

...of almost every economic problem" is, "the element of Time." Time is like nature itself, absolutely continuous. Nature knows no absolute partition of...short period for one problem, is a long period for another.62 Marshall might have recognized that an imperceptible gradation is as insensible a connection...