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The Theory of Interest | Jeffrey M. Herbener
Dr. Jeffrey Herbener explains how time preference shapes interest rates, production, and investment, making time central to economic coordination and prosperity.
Recorded at the Mises Institute in Auburn, Alabama, on July 22, 2025.
Mises University is the world's leading instructional program in the Austrian School of economics, and is the essential training ground for economists who are looking beyond the mainstream.
Find free books, daily articles, podcasts, lecture series, and everything about the Austrian School of Economics, at https://Mises.org​​.
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