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The Theory of Interest
Manage episode 495903735 series 3534537
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Dr. Jeffrey Herbener explains how time preference shapes interest rates, production, and investment, making time central to economic coordination and prosperity. Recorded at the Mises Institute in Auburn, Alabama, on July 22, 2025. Mises University is the world’s leading instructional program in the Austrian School of economics, and is the essential training ground for economists who are looking beyond the mainstream.
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