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Capital and Interest: A Critical History of Economical Theory
This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into pri ...more
Paperback, 486 pages
Published January 12th 2010 by Nabu Press
(first published January 1st 1884)
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Feb 03, 2016 ziombel rated it really liked it · review of another edition
Recommends it for: economist
The work of Böhm-Bawerk describes the history of the theory of capital and its interest. The author begins by describing the views of the ancient philosophers and theologians. Then he proceeds to describe many different theories and their criticism. The author has divided theories about capital into several groups. The first of these theories are colorless, which largely repeated what Adam Smith wrote. Another group is theories of productivity of capital, according to which capitalists receive i ...more