ABSTRACT
In classical or Newtonian physics, time is considered like the continuum, any finite lapse of time being infinitely divisible. The time of economic events is nothing more than the continuum. Production is an action. Any economic production becomes positive after a time of preparation and is a positive action at the instant of its achievement; it is nil before and after. Reflexion establishes the two opposite propositions: any production is instantaneous, and any positive production is an action that has a positive dimension in time. Production is a positive action only if it has a positive extent in the continuum. Production quantises the continuum. Production is a flow in time precisely because its inertia in the continuum is nil. The wave-production or the flow of production results in a quantum of time. Production on the contrary is corpuscular in that the product is a matter defined at the contact of its “utility-form”.
