Marginal Utility and Interest Formation
The essence of the phenomenon of interest is the cost that a lender or an investor endures. This cost stems from the fact that the lender or the investor has given up some present benefit.
The essence of the phenomenon of interest is the cost that a lender or an investor endures. This cost stems from the fact that the lender or the investor has given up some present benefit.
From the University of Oregon comes this: A psychologist and two ec
From the newly refurbishment Markets and Data page on Mises.org:
Contrary to mainstream thinking, the Austrian framework shows that it is the importance of various ends that determine the selection of goods by individuals. The means-end framework also shows that the prices of goods are not set mechanically by some kind of supply-demand curves but by the goal-seeking choices of individuals.
Free — no matter where it comes from — can help sell.
For years, the environmentalists have been trying to have it both ways, claiming that in the midst of the global warming that they allege, Europe m
For information: [I have posted this elsewhere ] ------------------------------------
Very broadly speaking, the UN’s International Panel on Climate Change holds the following position:
Contrary to what one often hears, opponents of the ‘scientific consensus’ promoted by the UN’s Intergovernmental Panel on Climate