Is the price premium proposed by Irving Fisher an incoherent concept, as Rothbard argued? Hansen suggests a Mises-Rothbard premium based on the Cantillon effect to explain persistently low interest rates.
Is the price premium proposed by Irving Fisher an incoherent concept, as Rothbard argued? Hansen suggests a Mises-Rothbard premium based on the Cantillon effect to explain persistently low interest rates.
