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 Effects of Public Policy on Private Activity by Alex Merced One of the problems of people who advocate for a growing role of government is that they operate in a mindset of unlimited resources, or that a growth in government has little to no effect on their current resources. The reality is that...