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With this important book, esteemed economist Leland B. Yeager grounds moral and political philosophy in the requirements of a well-functioning society, one whose members reap the gains from peaceful cooperation while pursuing their own diverse goals
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Chapter 1: Introduction -- Chapter 2: Waiting as a Factor and Interest as Its Price -- Chapter 3: Capital Goods, Intermediate Goods, and Land -- Chapter 4: Advantages of the Recommended View of Waiting -- Chapter 5: Responses to the Interest Rate -- Chapter 6: Time Preference and the...
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