The relationship between the output of capital goods and that of consumer goods is equally ambiguous.
Lugo, Lessius, and Molina adduced the productivity of capital goods as a reason for allowing gains to the investor.
The construction or acquisition of the concrete "capital goods" was simply an easy consequence.
But in that case there would be no question of capital goods, or of capital, or of labor.
There is a large volume of capital goods whose value lies in their turning the technological inheritance to the injury of mankind.
That Fisher means the money-prices of capital goods when he speaks of capital-values is perfectly clear.
In an exactly similar way a body of capital goods is maintained as a perpetual instrumentality of production.
What is here important is the fact that it is in the main accomplished without entailing transfers of capital goods.
Such a comprehensive study of capital goods, if it is carried far enough, becomes a study of the abiding entity, capital.
The capital goods have to be taken unit by unit if their value for productive purposes is to be rightly gauged.