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The Pure Time-Preference Theory of Interest (Large Print Edition) [Large Print]
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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."
Format:Paperback
Large Print:Yes
Language:English
ISBN:1479384569
ISBN13:9781479384563
Release Date:January 2011
Publisher:Createspace Independent Publishing Platform
Length:188 Pages
Weight:0.99 lbs.
Dimensions:0.4" x 8.5" x 11.0"
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