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- Capital and Interest Theory
- Jeffrey M. Herbener
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Author:
Jeffrey M. Herbener
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Here Rothbard deals with the pure rate of interest, as determined by time preference. It’s a ratio of prices between present and future goods. The interest rate is equal to the rate of price spread in the various stages of production. It pervades all time markets. It is not true that capital is an independent productive factor. The capitalists’
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Author:
Jeffrey M. Herbener
Online Publish Date:
Recorded at Mises University 2011. Includes an introduction by Mark Thornton.
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Author:
Jeffrey M. Herbener
Online Publish Date:
Download the slides from this lecture at Mises.org/MU20_PPT_10 . Recorded at the Mises Institute in Auburn, Alabama, on 14 July 2020.
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Author:
Jeffrey M. Herbener
Online Publish Date:
Time is an irreversible flux. Each moment has a unique place in the sequence of moments of time with respect to action. Download the slides from this lecture at Mises.org/MU22_PPT_11 . Recorded at the Mises Institute in Auburn, Alabama, on 26 July
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Author:
Robert P. Murphy
Jeffrey M. Herbener
Online Publish Date:
Jeff Herbener is a Senior Fellow with the Mises Institute and an economics professor at Grove City College. At the 2021 Austrian Economics Research Conference , Jeff presented a defense of the pure time preference theory of interest, and mentioned Bob’s critique of it. This episode is a very informative discussion of their views. Mentioned in the