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This is a question asked in review of Chapter 4: Prices and Consumption in the Man, State, and Economy with Power and Market study guide written by Robert Murphy. I started this topic to ask the question and see if my response was right and also to inquire to see if anyone knew of any place in which...
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I don't think he has. Time Preference does dictate that people would prefer present good to future good, yes, but it must be remembered the definition of good. Rothbard points this out in footnote 15 on page 15 in Chapter one in the example of the ice in winter over ice in summer. The fact is that...