The Evenly Rotating Economy

In Ludwig von Mises’s magnum opus, Human Action, he introduced the imaginary construct of an “evenly rotating economy”.┬áThis is a sort of equilibrium, where all prices have reached their final prices. Join the Mises Circle to learn why this is a self-contradictory, yet indispensable tool in understanding interest and profit.


This section is freely available via mises.org:
https://mises.org/humanaction/chap14sec5.asp

When: Monday, April 9th at 7pm
Where: Waggener 308