Monday, March 12, 2012

The Pure Time-Preference Theory of Interest

At the Authors Forum at this year's Austrian Scholars Conference Jeffrey M. Herbener discussed the book he edited featuring a collection of articles defending the pure time-preference theory of interest developed by Ludwig von Mises. In his introductory essay and in his remarks, Herbener explains the neglected important contribution of Frank Fetter. You can watch Herbener's presentation below:

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