Jeff Herbener and Bob Murphy Discuss the Pure Time Preference Theory of Interest
Jeff Herbener is a Senior Fellow with the Mises Institute and an economics professor at Grove City College. At the 2021 Austrian Economics Research Conference, Jeff presented a defense of the pure time preference theory of interest, and mentioned Bob’s critique of it. This episode is a very informative discussion of their views.
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this lecture (which has the PowerPoint slides)
Jeff Herbener lecture on interest at Mises University
BMS ep. 198 (which provides context for this discussion)
BMS ep. 119 with Guido Hulsmann…
The skinny
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