Quarterly Journal of Austrian Economics
Author:
Robert P. Murphy
Online Publish Date:
Volume 4, No. 1 (Spring 2001) Ingo Pellengahr’s doctoral dissertation, The Austrian Subjectivist Theory of Interest , focuses on one small aspect of these ongoing debates. He traces the development and evolution of what is generally referred to as the (pure) time preference theory ( PTPT ) of interest. The PTPT is historically associated