TAILIEUCHUNG - Luận án kinh tế - "Human and action" - Chapter 18

XVIII. ACTION IN THE PASSING OF TIME 1. Perspective in the Valuation of Time Periods Acting man distinguishes the time before satisfaction of a want is attained and the time for which the satisfaction continues. Action always aims at the removal of future uneasiness, be it only the future of the impending instant. | XVIII. ACTION IN THE PASSING OF TIME 1. Perspective in the Valuation of Time Periods Acting man distinguishes the time before satisfaction of a want is attained and the time for which the satisfaction continues. Action always aims at the removal of future uneasiness be it only the future of the impending instant. Between the setting in of action and the attainment of the end sought there always elapses a fraction of time viz. the maturing time in which the seed sown by the action grows to maturity. The most obvious example is provided by agriculture. Between the tilling of the soil and the ripening of the fruit there passes a considerable period of time. Another example is the improvement of the quality of wine by aging. In some cases however the maturing time is so short that ordinary speech may assert that the success appears instantly. As far as action requires the employment of labor it is concerned with the working time. The performance of every kind of labor absorbs time. In some cases the working time is so short that people say the performance requires no time at all. Only in rare cases does a simple indivisible and nonrepeated act suffice to attain the end aimed at. As a rule what separates the actor from the goal of his endeavors is more than one step only. He must make many steps. And every further step to be added to those previously made raises anew the question whether or not he should continue marching toward the goal once chosen. Most goals are so far away that only determined persistence leads to them. Persevering action unflinchingly directed to the end sought is needed in order to succeed. The total expenditure of time required . working time plus maturing time may be called the period of production. The period of production is long in some cases and short in other cases. It is sometimes so short that it can be entirely neglected in practice. The increment in want-satisfaction which the attainment of the end brings about is temporally limited.

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