The horizontalist perspective is an extension of the post-Keynesian approach, that has hitherto focused on a theory of … general theory of the creation of money that is consistent with the post-Keynesian view on macroeconomic policy. Credit …

capital and interest theory. In the three classic essays featured in this book, Professor Kirzner argues that an Austrian … approach based on the pure time preference theory offers an attractive alternative to both the orthodox neoclassical and the …. This consistent subjectivism makes it possible to present the pure time (Fetter-Mises) preference theory of interest in …