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The Austrian Theory of Value and Capital - Studies in the Life and Work of Eugen von Boehm-Bawerk (Hardcover)
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The Austrian Theory of Value and Capital - Studies in the Life and Work of Eugen von Boehm-Bawerk (Hardcover)
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The Austrian Theory of Value and Capital provides a meticulous
account of Eugen von Bohm-Bawerk's life, his theory of value,
capital and interest within the context of 19th century German
economic thought and the development of neoclassical economic
theory.This book provides an insight into Bohm-Bawerk's
intellectual development, his political leanings and personal
background, including a wealth of previously unknown facts. The
study also considers the development of economic thought in the
19th century in Germany and Austria. It critically analyses the
work and contribution of Bohm-Bawerk and concludes that his
analysis belongs to traditional 19th century German economic
thought. Closely related to this is the clarification made by the
author of what is genuinely 'Austrian' in the 'Austrian theory of
value and distribution'. To complement the study of Bohm-Bawerk,
the book also contains the first English translation of his letters
to Knut Wicksell. This book will be of interest to economic
theorists, those interested in Austrian economics and the history
of economic thought and economic historians.
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