Cantillon Effects - Latest Commentary
Consuming Folly Pt II
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:19:01
- More information
Informações:
Synopsis
We continue on from the first episode to look more closely at the difficulties which arise when the interest rate is not left to co-ordinate consumption and production through time and to direct the necessary capital formation as it is undertaken by entrepreneurs. We end with a summary of the main conclusions to be drawn.