From The Austrian Economics Wiki, the global repository of classical-liberal thought
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| '''Originary Interest''' is a term [[Ludwig von Mises]] uses in ''[[Human Action]]'' to denote the discount of future goods against present goods. It is ratio of the value assigned to want satisfaction in the present and the value assigned to want satisfaction in the future.<ref name="Mises_originary_interest">[[Ludwig von Mises]]. [http://mises.org/humanaction/chap19sec2.asp XIX. The Rate of Interest], 2. Originary Interest, [[Human Action]], online version, referenced 2011-02-12.</ref>
| | #REDIRECT [[Interest]] |
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| :''See [[Interest]]''
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| :''See [[Time Preference]]''
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| ==Reference==
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| {{reflist}}
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| {{stub}}
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Latest revision as of 19:18, 12 February 2011
