Download or read book Capital and Interest written by Eugen von Böhm-Bawerk and published by London ; New York : Macmillan and Company. This book was released on 1890 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: Eugen von Böhm-Bawerk discusses the history and principles of interest, offering piercing critiques of failed theories and implementations from past eras. The author's investigations range as far back as antiquity and the Middle Ages; how civilizations of old dealt - or failed to deal - with interest in concept and practice. Interest is earned on existing capital, without the owner of said capital engaging in work or activity, an example being money invested in government bonds. Why this income should exist is the initial question posed, and an answer is sought through investigating several facets of the economy. Böhm-Bawerk's thesis is lengthy and meticulous, ranging across theories of production, the uses with which capital can be employed, the relevance of labor and ideas put across by scholars. He investigates the relationship of interest to debt, exploring whether interest itself is a rent on capital, and what this means in the short and long term. The author is keen to address and debunk ideas, such as the Marxist notion that the interest earned with capital is a manifestation of worker exploitation. Published in the 1880s, Böhm-Bawerk's work was among the first to tackle the subject of interest while recognizing the significance of interest rates in the modern economy. His ideas would go on to inspire future works in the Austrian School of economics, influencing later thinkers such as Friedrich Hayek who elaborated upon related economic topics.
Download or read book Capital and Interest written by Eugen von Böhm-Bawerk and published by . This book was released on 1965 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Capital and Interest written by Eugen V. Bohm-Bawerk and published by . This book was released on 2012-07-01 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: This scarce antiquarian book is included in our special Legacy Reprint Series. In the interest of creating a more extensive selection of rare historical book reprints, we have chosen to reproduce this title even though it may possibly have occasional imperfections such as missing and blurred pages, missing text, poor pictures, markings, dark backgrounds and other reproduction issues beyond our control. Because this work is culturally important, we have made it available as a part of our commitment to protecting, preserving and promoting the world's literature.
Download or read book The Positive Theory of Capital written by Eugen von Böhm-Bawerk and published by . This book was released on 2008-11 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: Eugen Ritter von BA hm-Bawerk (1851-1914) was an Austrian economist who made important contributions to the development of Austrian economics. In 1889, he was called to Vienna by the finance ministry to draft a proposal for directtax reform. His proposal called for a modern income tax, which was soon approved and met with a great deal of success in the next few years. He then became Austrian Minister of Finance in 1895. As Finance Minister he fought continuously for strict maintenance of the legally fixed gold standard and a balanced budget. His works include Capital and Interest: A Critical History of Economic Theory (1884) and The Positive Theory of Capital (1884
Download or read book Capital and Interest written by Eugen von Böhm-Bawerk and published by London ; New York : Macmillan and Company. This book was released on 1890 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Eugen von Böhm-Bawerk discusses the history and principles of interest, offering piercing critiques of failed theories and implementations from past eras. The author's investigations range as far back as antiquity and the Middle Ages; how civilizations of old dealt - or failed to deal - with interest in concept and practice. Interest is earned on existing capital, without the owner of said capital engaging in work or activity, an example being money invested in government bonds. Why this income should exist is the initial question posed, and an answer is sought through investigating several facets of the economy. Böhm-Bawerk's thesis is lengthy and meticulous, ranging across theories of production, the uses with which capital can be employed, the relevance of labor and ideas put across by scholars. He investigates the relationship of interest to debt, exploring whether interest itself is a rent on capital, and what this means in the short and long term. The author is keen to address and debunk ideas, such as the Marxist notion that the interest earned with capital is a manifestation of worker exploitation. Published in the 1880s, Böhm-Bawerk's work was among the first to tackle the subject of interest while recognizing the significance of interest rates in the modern economy. His ideas would go on to inspire future works in the Austrian School of economics, influencing later thinkers such as Friedrich Hayek who elaborated upon related economic topics.
Download or read book Capital Interest and Rent written by Frank A. Fetter and published by Ludwig von Mises Institute. This book was released on 1977 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Critical History of Economic Theory written by Böhm-Bawerk and published by VM eBooks. This book was released on 2016-11-24 with total page 515 pages. Available in PDF, EPUB and Kindle. Book excerpt: BOOK I: THE DEVELOPMENT OF THE PROBLEM Book I, Chapter I: The Opposition to Interest in Classical and Mediæval Times Book I, Chapter II: The Defence of Interest From the Sixteenth Till the Eighteenth Century Book I, Chapter III: Turgot's Fructification Theory Book I, Chapter IV: Adam Smith and the Development of the Problem Book I, Chapter V: The Colourless Theories BOOK II: THE PRODUCTIVITY THEORIES Book II, Chapter I: The Productive Power of Capital Book II, Chapter II: The Naïve Productivity Theories Book II, Chapter III: The Indirect Productivity Theories BOOK III: THE USE THEORIES Book III, Chapter I: The Use of Capital Book III, Chapter II: Historical Statement Book III, Chapter III: The Plan of Criticism Book III, Chapter IV: The Use of Capital According to the Say-Hermann School Book III, Chapter V: The True Conception of the Use of Goods Book III, Chapter VI: Criticism of the Say-Hermann Conceptions Book III, Chapter VII: The Independent Use: An Unproved Assumption Book III, Chapter VIII: The Independent Use: Its Untenable Conclusions Book III, Chapter IX: The Independent Use: Its Origin in Legal Fiction Book III, Chapter X: Menger's Conception of Use Book III, Chapter XI: Final Insufficiency of the Use Theory BOOK IV: THE ABSTINENCE THEORY Book IV, Chapter I: Senior's Statement of the Theory Book IV, Chapter II: Criticism of Senior Book IV, Chapter III: Bastiat's Statement BOOK V: THE LABOUR THEORIES Book V, Chapter I: [ The Labour Theories ]The English Group The French Group The German Group BOOK VI: THE EXPLOITATION THEORY Book VI, Chapter I: Historical Survey Book VI, Chapter II: Rodbertus Book VI, Chapter III: Marx BOOK VII: MINOR SYSTEMS Book VII, Chapter I: The Eclectics Book VII, Chapter II: The Later Fructification Theory Conclusion
Download or read book Capital and Interest written by Eugen von Bohm-Bawerk and published by . This book was released on 2012-01-01 with total page 538 pages. Available in PDF, EPUB and Kindle. Book excerpt: LARGE PRINT EDITION! More at LargePrintLiberty.com The great economist and finance minister of the Austro-Hungarian Empire is a pillar of the Austrian School. As a champion of the new marginalist school, this great work brought him more fame than even Carl Menger had in his day.Here is the original English translation by Scottish economist William Smart, the one that had the largest impact on the American and British economic scene, and the one that remains lucid and penetrating. This edition is the first time it has been available in more than half a century.With depth and lucidity, Boehm-Bawerk surveys and critiques failed theories of interest from antiquity to modern times, presents a full theory of the structure of production, and defends the importance of capital in production and time in the determination of the interest rate.The broad implications of this work are being rediscovered today by younger Austrians building on his foundation for Austrian production theory. It's not only economics being addressed here. As Mises said, this voluminous treatise is the royal road to understanding of the fundamental political issues of our age.
Download or read book History of Economic Thought written by Lewis Henry Haney and published by . This book was released on 1911 with total page 594 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book History of Economic Thought written by E. K. Hunt and published by Routledge. This book was released on 2015-01-28 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt: The new edition of this classroom classic retains the organizing theme of the original text, presenting the development of thought within the context of economic history. Economic ideas are framed in terms of the spheres of production and circulation, with a critical analysis of how past theorists presented their ideas.
Download or read book A History of Economic Theory and Method written by Robert B. Ekelund, Jr. and published by Waveland Press. This book was released on 2013-08-30 with total page 753 pages. Available in PDF, EPUB and Kindle. Book excerpt: Known for its clarity, comprehensiveness, and balance, the latest edition of A History of Economic Theory and Method continues that tradition of excellence. Ekelund and Hébert’s survey provides historical and international contexts for how economic models have served social needs throughout the centuries—beginning with the ancient Greeks through the present time. The authors not only trace ideas that have persisted but skillfully demonstrate that past, discredited ideas also have a way of spawning critical thinking and encouraging new directions in economic analysis. Coverage that distinguishes the Sixth Edition from its predecessors includes a detailed analysis of economic solutions by John Stuart Mill and Edwin Chadwick to problems raised by the Industrial Revolution; the role of psychology and “experiments” in understanding demand and consumer behavior; discussions of modern economic theory as it interrelates with other social sciences; and a close look at the historical development of the critical role of entrepreneurship, both in its productive and unproductive variants. The authors’ creative approach gives readers a feel for the thought processes of the great minds in economics and underscores key ideas impacting contemporary thought and practice. Well-crafted discussions are further enriched by absorbing examples and figures. Thorough suggested reading lists give options for more in-depth explorations by interested readers.
Download or read book Capital in the History of Accounting and Economic Thought written by Jacques Richard and published by Routledge. This book was released on 2021-11-29 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: Starting with the first "scientific" economists such as Cantillon (1755) and Quesnay (1758) and ending with Piketty (2019), this book explores the treatment of the concept of capital in the history of accounting and economic thought. The work provides a rare juxtaposition of the reasoning, discourse and writings of accountants and economists. With regard to ‘capital’, this approach highlights the ongoing struggle between these "uncongenial twins" – as Kenneth Boulding put it – for primacy in analysing, and utilising, capitalism. But if they are certainly "uncongenial", the book also argues that it is wrong to ever classify these two disciplines as "twins" because they have taken very different paths ever since scientism came to dominate in economics and ethical and moral considerations were put to one side. This book will be of significant interest to readers to history of economic thought, critical accounting and heterodox economics.
Download or read book Economic Theory in the Twentieth Century An Intellectual History Volume I written by Roberto Marchionatti and published by Springer Nature. This book was released on 2020-05-20 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, set out over three volumes, provides a comprehensive history of economic thought in the 20th century with special attention to the cultural and historical background in the development of theories, to the leading or the peripheral research communities and their interactions or controversies, and finally to an assessment and critical appreciation of economic theories throughout these times. It takes as its subject matter the canon of publications by major thinkers who self-consciously conceived of themselves as 'economists' in the modern academic sense of the term. It is a history of how, when and where the discipline of Economics took root in major universities and scientific communities of economists, and evaluates the emergence of different 'schools' of thoughts. Volume I addresses economic theory in the golden age of capitalism. It considers the contributions of Marshall, Pareto, Wicksteed, Schmoller, Bohm-Bawerk, Schumpeter, Wicksell, Fisher, Veblen and other major thinkers, as well as the universities of Cambridge, Lausanne, Vienna, Berlin, and some others in US, before concluding with a look at the impact that the great war had on the discipline. This work provides a significant and original contribution to the history of economic thought and gives insight to the thinking of some of the major international figures in economics as shown in major works published across the last 130 years. It will appeal to students, scholars and the more informed reader wishing to further their understanding of the history of the discipline.
Download or read book Value Capital and Rent written by Knut Wicksell and published by Ludwig von Mises Institute. This book was released on 1954 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Capital and Interest A Critical History of Economic Theory written by Eugen von Boehm-Bawerk and published by Jazzybee Verlag. This book was released on 2017 with total page 712 pages. Available in PDF, EPUB and Kindle. Book excerpt: Von Boehm-Bawerk is one of the leading economists of the so-called Austrian school. With Karl Menger and others, he has contributed to the development of a theory of value which has received wide acceptance, and has been the cause of still wider discussion, in the economic world. This theory, as elaborated by Boehm von Bawerk, is based largely upon psychological principles. Its chief feature consists in a searching analysis of 'subjective value.’ In his “Capital and Interest”, the author makes a brilliant and original study of these two subjects. He does not accept the connuon classification of land, labor, and capital as the three sources of production, but regards the two former only as real sources, while capital is only a means of production. 'Interest’ is employed as a general term for interest in the common sense, and for profits, and its cause and justification are found in the great principle of the difference in value between present 'goods’ and future 'goods.’
Download or read book A History of Economic Theories written by Karl Marx and published by Pickle Partners Publishing. This book was released on 2018-12-01 with total page 715 pages. Available in PDF, EPUB and Kindle. Book excerpt: Karl Marx’s History of Economic Theories from the Physiocrats to Adam Smith is Part I of the legendary but previously untranslated Volume IV of Marx’s Capital. Although it was written some ninety years ago, it remained unpublished until the first German edition appeared in 1904. Originally, Marx had intended to prepare the first three volumes for publication, then, from the remaining mass of manuscript, to extract a final volume constituting a history of theories of surplus value. Engels, who became Marx’s literary executor, was unable to follow this plan during his lifetime and assigned the task to Kautsky. Kautsky, however, found it impossible to carry out the project in the form intended. Much of the material indicated by Marx and Engels for inclusion in Volume IV had already been covered, in part at least, in the three preceding volumes. Consequently, the work as it now stands does not follow Marx’s precise plan. It is more comprehensive in scope, deals with economic theories whose relation to surplus value and profit is not immediate, and more closely approaches a complete and critical history of economic theories than the narrower concept which Marx had had in mind.
Download or read book The Theory of Interest written by Friedrich Lutz and published by Routledge. This book was released on 2017-09-04 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains a critical analysis of the main theories of interest which have been published since B÷hm-Bawerk. The last part of the book gives an account of the author's own theory.The first part, which deals with the history of doctrines, discusses the theories of B÷hm-Bawerk, Wicksell, Akerman, and Hayek, authors who proceed from the assumption of stationary state.The second group of authors consists of Walras, Irving Fisher, and F. H. Knight, who assume a progressive economy in which net saving and investment occur.The third group of authors are those who stress the monetary factor. The central figure of this part is Keynes; but other authors, among them Patinkin, are also dealt with. The theories on the term structure of interest rates are discussed in the last part of the history of doctrines. The author's own theory deals with the problem of the interest rate first in terms of partial equilibrium analysis, whereby particular attention is paid to the influence of the banking system on the structure of interest rates.In the final chapter the author proceeds to expound the interest theory in the framework of general equilibrium analysis. A mathematical appendix concludes this book.Friedrich A. Lutz (1901-1975) taught economics at Princeton University for fifteen years before becoming Professor of Economics at the University of Zurich. He was also the president of the Mont Pelerin Society from 1964-1967.