The Pure Time-Preference Theory of Interest Book Reviews
The Pure Time-Preference Theory of Interest by Jeffrey M. Herbener, Murray N. Rothbard, Ludwig von Mises, Roger W. Garrison, Israel M. Kirzner & Frank A. Fetter Book Summary
It’s about time. Really! An entire book fleshing out the pure time-preference theory of interest has finally been drawn together. The latest crop of Keynesians are still playing with interest rates, believing they can create prosperity. They are foolishly trying to abolish human action.
Here, in clear, crisp detail are the implications of the Austrian insight that present goods have a higher value than future goods.
Giants of the Austrian world have been assembled for the task: Jeffrey Herbener provides a fresh new introduction, and Rothbard, Mises, Garrison, Kirzner, and Fetter systematically provide the underpinnings of the theory. 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.”
From Douglas French’s foreword:
“The following essays parse through the uniquely Austrian insight of the pure time-preference theory of interest, but more importantly go to the core of why modern central bank monetary engineering leaves the economy further from recovery while at the same time providing a Petri dish for speculation and malinvestment.”
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| Book Name | The Pure Time-Preference Theory of Interest |
| Genre | Finance |
| Author | Jeffrey M. Herbener, Murray N. Rothbard, Ludwig von Mises, Roger W. Garrison, Israel M. Kirzner & Frank A. Fetter |
| Published | 25 January 2011, Tuesday |
| Language | English |
| E-Book Size | 1004.26 KB |
The Pure Time-Preference Theory of Interest (Jeffrey M. Herbener, Murray N. Rothbard, Ludwig von Mises, Roger W. Garrison, Israel M. Kirzner & Frank A. Fetter) Book Reviews 2024
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| Download Link | Book Format |
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| the-pure-time-preference-theory-of-inter-ebook.epub | EPUB |
| the-pure-time-preference-theory-of-inter-ebook.kindle | KINDLE |
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Summary of The Pure Time-Preference Theory of Interest by Jeffrey M. Herbener, Murray N. Rothbard, Ludwig von Mises, Roger W. Garrison, Israel M. Kirzner & Frank A. Fetter
The The Pure Time-Preference Theory of Interest book written by Jeffrey M. Herbener, Murray N. Rothbard, Ludwig von Mises, Roger W. Garrison, Israel M. Kirzner & Frank A. Fetter was published on 25 January 2011, Tuesday in the Finance category. A total of 20 readers of the book gave the book 0 points out of 5.
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