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2025-02-03 23:42:05

libertypicks on Nostr: mises.org: High Time Preference Is the Cause of Increases in Long-Term Interest Rates ...

mises.org: High Time Preference Is the Cause of Increases in Long-Term Interest Rates -- https://tinyurl.com/246av95r -- Long-term interest rates are on the rise and there is no shortage of explanations from the usual suspects. One thing the pundits miss, however, is the role of time preference in determining interest. The Austrians do not make that error. #liberty #news
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