205 | John Quiggin on Interest Rates and the Information Economy
From Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas
Published 7/25/2022
From Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas
Published 7/25/2022
The idea of an "interest rate" might seem mundane and practical, in comparison to our usual topics around here, but there is a profound philosophical idea lurking in the background: if you lend me money now against the promise of me paying you back more in the future, I am relating the different…