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- Search found 4 items for:
- Austrian Economics Overview
- Capital and Interest Theory
- 2008
Media Asset
Author:
David Gordon
Online Publish Date:
Praxeology - economics - provides no ultimate ethical judgments: it simply furnishes the indispensable data necessary to make such judgments. Common criticisms of the free market are refuted praxeologically in this chapter. Absolute equality is an impossible goal. Egalitarianism is a senseless social philosophy. All rights can be analyzed in terms
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:
Llewellyn H. Rockwell Jr.
Online Publish Date:
From “Capitalism the Creator: The Mises Circle in Seattle,” a Curt and Allora Doolittle Seminar. Recorded 17 May 2008.