inputs
Synonyms
Phrases with the word
Examples
We think of our eyes as video cameras and our brains as blank tapes to be filled with sensory inputs.
Our focus is on outputs rather than inputs.
Hayek was making us think of the productive process as a process in time, inputs coming before outputs.
The world is full of self-organizing systems, systems that form structures not merely in response to inputs from outside but also, indeed primarily, in response to their own internal logic. Global weather is a self-organizing system; so, surely, is the global economy.
Wealth in the hands of the holders of wealth is not capital until it controls the means of production, buys labor power, and puts it to work, continuously expanding surpluses by intensifying productivity through an ever-rising curve of technological inputs.
Just as there are inputs which are supplied by the owner of a business, and whose value therefore is a "virtual," not an actual, expense, so there can be outputs which are consumed by the owner of a business, and whose value therefore forms.