Elaborating on the Austrian Time Preference Theory by Alex Merced I write this article after listening to Robert Murphys lecture Capital and Interest from Mises U 2010 While Listening to this having heard explanations of Time Preference theory plenty of times, I started having flash backs to an Austrian...
The Illusion of a "Standard" of Life by Alex Merced Government constantly uses the concept of a "standard" of life in justifying it's policies in the name of improving this standard. Can there really be a standard, this is only possible if you believe in objective values and that...
For the benefit of the curious and/or idle reader, I`m cross-posting from my little-used personal blog a short post on the above topic and the ensuing conversation . (I note that my inaugural post at this LvMI-hosted blog covered a related topic: " Too Many or Too Few People? Does the market provide...
[Update below] My last piece (on Bret Stephen 's straight-faced but ridiculous dismissal in the WSJ of all concerns about climate change as a "sick-souled religion" and a "nonfalsifiable hypothesis, logically indistinguishable from claims for the existence of God") brought the...