Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Pure Time-Preference Theory of Interest (Large Print Edition) (Large Print Edition)

The Pure Time-Preference Theory of Interest (Large Print Edition) (Large Print Edition)

Herbener, Jeffrey M.

Paperback

Economics

ISBN10: 1479384569
ISBN13: 9781479384563
Publisher: Createspace
Published: Jan 1 2011
Pages: 188
Weight: 0.99
Height: 0.40 Width: 8.50 Depth: 11.00
Language: English
LARGE PRINT EDITION! More at LargePrintLiberty.com

It's about time. Really! An entire book fleshing out the pure time-preference theory of interest has finally been assembled. The present crop of Keynesians play with interest rates believing they can create prosperity without a sound theoretical basis for how the market determines rates. It is the Austrian insight that present goods have a higher value than future goods, while the followers of Lord Keynes foolishly try to abolish human action.Giants of the Austrian world have been assembled for the task, along with a fresh new introduction by Jeffrey Herbener. Rothbard, Mises, Garrison, Kirzner and Fetter systematically provide the underpinnings of a theory that, as Israel Kirzner writes, for almost a century a particular theory of interest has been again and again discussed, refuted, defended, ignored, forgotten, and rediscovered; somehow it has managed to survive.

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