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Mises' interest rate theory critiques classical economics. It claims market interest isn't originary due to risk and uncertainty. The theory links profit to lending, not interest, challenging traditional views.
#interest #economics #theory #mises #profit
Mises' interest rate theory critiques classical economics. It claims market interest isn't originary due to risk and uncertainty. The theory links profit to lending, not interest, challenging traditional views.
#interest #economics #theory #mises #profit
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