260
The Economics of Freedom
manded, and the actual value of the tokens of which, in terms of goods and services, may vary as much as 50 per cent during the life of many of the normal transactions involved in modern society.
If such a conception of measuring interior or partial values in terms of total value seems vague, let us forget economics for a moment, and imagine that we are faced with the problem of measuring the fertility-value of various subdivisions of a definite area of reclaimed land before the coming crop is