The Time Preference Theory of Interest and Its Critics
Recorded at the Mises Institute in Auburn, Alabama, on 22 July 2015.
Capital and Interest Theory
Displaying 171 - 180 of 751
Common Objections to Capitalism
Recorded at the Mises Institute in Auburn, Alabama, on 21 July 2015.
Technology Needs Capital To Produce Economic Growth
Krugman is confused as to why so much technological growth in recent years has not led to more economic growth. The answer lies in the fact that true technological change requires funding — and thus real savings — to be implemented.
The Marginal Efficiency of Capital: Reply to Fuller’s Rejoinder
This is a brief reply to “The Marginal Efficiency of Capital: Rejoinder.”
The Marginal Efficiency of Capital: Rejoinder
This is a rejoinder to “The Marginal Efficiency of Capital: Comment” by Lucas M. Engelhardt. Engelhardt incorrectly ranks investment projects by Present Value instead of Net Present Value.
Margin Debt At All Time High
Not only are stock markets near all time highs, the amount of margin debt is also at all time highs. Margin debt is money borrowed to leverage the purchasing power of portfolios.
“In other words, you cannot accurately forecast a recession or financial panic by looking at either the announcement or the completion of the world’s tallest building”
"In other words, you cannot accurately forecast a recession or financial panic by looking at either the announcement or the completion of the world’s tallest building"
So The Economist apparently does not think too "highly" of my skyscraper theory
Employment Does Not Drive Economic Growth
The Fed — and many economists everywhere — believe that giving more people jobs will drive more economic growth. But more employment is useless for economic growth if employed persons are not contributing to real wealth and capital accumulation.
