A Critique of Boehm-Bawerk’s Reasoning in Support of His Time Preference Theory

Tags: Capital and Interest Theory

07/20/2005 Articles of Interest Ludwig von Mises

This is the critical analysis to which Mises refers in Human Action, 3rd ed. page 488, note 5 (Chicago: Regnery, 1966). It appeared in Nationalökonomie (Geneva, Switzerland: Editions Union, 1940), pp. 439-444. This excerpt has been translated from the German by Bettina Bien Greaves and edited by Percy L. Greaves, Jr.: Mises Made Easier (Dobbs Ferry: Free Market Books, 1974), pp. 150-157.

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