Ep. 28 Capital & Interest in the Austrian Tradition, Part 2 of 3
Bob goes solo in his continuation of his series on Capital & Interest Theory. In this episode he explains Bohm-Bawerk’s solution to the problem of interest, namely that present goods are more valuable than future goods. Bob also explains Bohm-Bawerk’s three separate causes for the higher valuation of present over future goods, including the notorious…
Ep. 27 Lara and Murphy Discuss IBC and the Business Owner
This episode is a re-broadcast of a recent episode of the Lara-Murphy Show. Bob and his co-author Carlos Lara discuss the yield curve from an Austrian perspective. Then Carlos explains why a business owner who practices the Infinite Banking Concept (IBC) would want to retain ownership of the life insurance policy in his or her…
Ep. 26 Capital & Interest in the Austrian Tradition, Part 1 of 3
Bob goes solo by beginning his 3-part series devoted to Capital & Interest Theory in the tradition of the Austrian School. (This is his area of expertise and the focus of his doctoral dissertation.) In this episode, Part 1, Bob explains Bohm-Bawerk’s critique of the “naive productivity theory” of interest, and also reconciles it with…