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...
A Respone to Peter Kleins Lecture on Entrepeneurship by Alex Merced This is a Response to Peter Kleins Lecture on Entrepeneurship In this lecture Peter Klein does a great job discussing different aspects of defining the entrepeneur, so to sum up two of the main definitions discussed. Mises - The Entrepeneur...