323. Principles of Economics Lecture 13: Time Preference

About this episode

This episode discusses time preference and its impact on saving, investment, and civilization.

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

People in this episode

Host: Dr. Saifedean Ammous

Topics covered

• time preference
• economics
• capital accumulation
• property rights
• hard money
• investment

Keywords

• time preference
• economics
• capital accumulation
• property rights
• hard money
• investment
• uncertainty

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