Business & Law
September 24, 2012
|Description:||This week's Mises Circle meet-up focuses on "Time Preference as an Essential Requisite of Action," from Ludwig von Mises's magnum opus, "Human Action."
Mises argues that time preference, the assumption that, ceteris paribus, acting man prefers a given end sooner rather than later, is a necessary category of human action. From here, one can begin to logically deduce an understanding of savings, interest, production and eventually the business cycle.
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|Location:||Waggener Hall (WAG) 308|
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|Contact:||Michael A Goldstein|
|Sponsor:||The Mises Circle at UT|
|Categories:||Business & Law, Everyone, Forum, Politics & International|