323. Principles of Economics Lecture 13: Time Preference
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323. Principles of Economics Lecture 13: Time Preference
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Summary
Thirteenth lecture of Principles of Economics explores time preference as the rate at which individuals discount the future, how property rights and hard money reduce uncertainty and lower time preference, enabling saving and investment, and why the progressive lowering of time preference is the driving force behind capital accumulation and the process of civilization.
Get all course notes and slides on saifedean.com/poecourse
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