Technology Changes the Factors of Production (Basics of Economics)
Mind and matter share a circular relationship, therefore the intangible asset is real (tangible).
Land, labor and capital is a three-state-system, recently altered to include ‘entrepreneurship,’ changing it into a four-state-system.
Einstein did this with time and space (time-space, space-time), although he could never define it (articulate it) (integrate it) properly (couldn’t get gravity to mesh with quantum mechanics).
This is because he missed the circular relationship between mind and matter (pi and circumference), even though the conservation of energy is totally dependent on the conservation of a circle. Therefore, the factors of production always begin and end with pi (mind as the most strategic intangible economic asset) (not included on balance sheets) (or income statements) (or cash-flow statements) (until now).
Conservation of the circle is the core dynamic in nature.
