Every family, every company, every nation must decide how much to spend today and how much to save/invest for the future. The decisions they make reflect their internal discount rate, which is the rate (expressed as an annual percent) that they discount future benefits and costs. In the case of the recent debt deal, Democrats […]
Paradox or Not?
Every family, every company, every nation must decide how much to spend today and how much to save/invest for the future. The decisions they make reflect their internal discount rate, which is the rate (expressed as an annual percent) that they discount future benefits and costs. In the case of the recent debt deal, Democrats […]
Independence Institute
AUTHOR
PROFILE