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RE: RE: RE: Re: RE: RE: Estimating Surplus



Max wrote,

> Part of profits are paid to households too.
>
> I don't see how you can include profits but not net interest paid.

I feel like Reagan, who allegedly was convinced by the last person he talked
with ...

I think I now would include net interest--these payments go to persons (as a
payment for the use of their money capital) but the money to pay them came
out of the surplus. And, so, net interest payments to persons should be
added to corporate profits and proprietors' profits to get total surplus.
(The same holds true for tax payments and distributed profits, both of which
are already included in corp and proprietors' profits.)

So now, until I received a message from someone else:
surplus
= corp profits + proprietors' profits + net interest
= 767 + 84 + 554 = 1,400 billion dollars

Eric






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