From Smith onward, the time of economics was no longer to be the cyclical time of alternating impoverishment and wealth; nor the linear increase achieved by astute policies, constantly introducing slight increases in the amount of circulating specie so that they accelerated production at a faster rate than they raised prices; it was to be the interior time of an organic structure which grows in accordance with its own necessity and develops in accordance with autochthonous laws the time of capital and production.