17 de out. de 2011

A Theory of Interest (Hulsmann)


A Theory of Interest (Hulsmann)
- Highlight on Page 87 | Added on Saturday, August 27, 2011, 02:50 PM

We are thus in a position to give a realist definition of originary interest, which is the phenomenon that lies at the heart of all manifestations of interest on the market and in any other form of social organization. Originary interest is the fundamental spread between the value of an end and the value of the means that serve to attain this end.