Jump to content

Originary interest

From The Austrian Economics Wiki, the global repository of classical-liberal thought
Revision as of 19:17, 12 February 2011 by Huckelberry (talk | contribs) (create)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

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.[1]

See Interest
See Time Preference

Reference

  1. ↑ Ludwig von Mises. XIX. The Rate of Interest, 2. Originary Interest, Human Action, online version, referenced 2011-02-12.
Retrieved from "https://wiki.freecapitalists.org/index.php?title=Originary_interest&oldid=13216"