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The Pure Time-Preference Theory of Interest (Large Print Edition) (Large print, Paperback, Large type / large print edition)
Loot Price: R352
Discovery Miles 3 520
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The Pure Time-Preference Theory of Interest (Large Print Edition) (Large print, Paperback, Large type / large print edition)
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Loot Price R352
Discovery Miles 3 520
Expected to ship within 10 - 15 working days
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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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