Audio/Video

A
A
Home | Library | Role of Interest in Entrepreneurial Calculations

Role of Interest in Entrepreneurial Calculations

  • Audio Mises Daily
May 14, 2010

Tags Booms and BustsBusiness CyclesCalculation and KnowledgeEntrepreneurshipPhilosophy and Methodology

The drop in interest rates makes unrealizable projects appear profitable and realizable. Entrepreneurs embark upon the execution of such projects. Business activities are stimulated. A boom begins, writes Ludwig von Mises (1881–1973).

This audio Mises Daily is narrated by Jeff Riggenbach.


Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.

Follow Mises Institute