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- Search found 7 items for:
- Jeffrey M. Herbener
- 2008
Media Asset
Author:
Jeffrey M. Herbener
Online Publish Date:
Rothbard’s approach to money prices is not as a barter exchange system. Instead, he made money prices the common denominator for all exchange ratios. You can now engage in economic calculation. Every homogenous product will tend to be bought and sold at one particular money price at any given time. The money regression theorem is in this chapter
Media Asset
Author:
Jeffrey M. Herbener
Online Publish Date:
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’
Media Asset
Author:
Jeffrey M. Herbener
Online Publish Date:
The stock of the money commodity responds to demand and supply of the consumers and their preferences just as with any other good. Claims to money can be used as money, but fraudulent claims to money would be illegitimate because two owners cannot own the same thing at the same time and the pseudo receipts would add to the money stock. The
Media Asset
Author:
Jeffrey M. Herbener
Online Publish Date:
The uniqueness of the Austrian approach to taxation is to first cover Public Policy, then Antimarket Ethics and finally Taxation. It is a praxeological development approach. Robbery and counterfeiting are the revenues to the state. You can’t look at taxation alone, you must look at expenditures, too. Those resources will never be available to
Media Asset
Author:
Jeffrey M. Herbener
Jeffrey A. Tucker
Online Publish Date:
Recorded during the 2008 Mises University, Jeffrey Tucker interviews leading Austrian Economists on the topic of Henry Hazlitt’s classic book Economics in One Lesson . This is the third in a series of twelve interviews with leading Austrian Economists discussing each chapter of Hazlitt’s
Media Asset
Author:
Jeffrey M. Herbener
Online Publish Date:
Recorded at the Toronto Stock Exchange; September 16-17, 1999. [32:39]