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EPISODE · May 5, 2024 · 5 MIN

Low Time Preference Leads to Civilization

from Audio Mises Wire · host Mises Institute

Economists use time preference to explain the existence of interest, but the ability of people to postpone some present consumption in order to save for the future has much broader social ramifications. Original Article: Low Time Preference Leads to Civilization  

Episode metadata supplied by the publisher feed · Published May 5, 2024

What this episode covers

Economists use time preference to explain the existence of interest, but the ability of people to postpone some present consumption in order to save for the future has much broader social ramifications. Original Article: Low Time Preference Leads to Civilization

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This episode is 5 minutes long.

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This episode was published on May 5, 2024.

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Economists use time preference to explain the existence of interest, but the ability of people to postpone some present consumption in order to save for the future has much broader social ramifications. Original Article: Low Time Preference Leads to...

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