Is money a present good?
Post by twetch#1832
Are you asking for my economic theory or Rothbard's? If the latter, he'd say money is a present good.
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17zmPibuXUuDsPnW5B4UVsV9jin35HWWU2 VerifiedReplies (6)
I'm asking for your theory.
If you're actually interested in my ideas, you might enjoy my critique of the overextension of apriorism in Austrian Economics. Hoppe is the main target of criticism, but it applies to Rothbard too.
Ok but I'd rather go one question at a time.
arrives 13mins late
what is the relationship of BC to profit-seeking?
I don't think the concept is precise enough. Money is a unique good that doesn't fit squarely into any existing conceptual toolbox that I've come across.