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SCOUT· 69%1h 19m·2022-07-25·Science
SCOUT· 69%1h 19m·2022-07-25·Science205 | John Quiggin on Interest Rates and the Information Economy
Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas · 205
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 values that a certain…
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