The Ludwig von Mises Institute

Advancing the scholarship of liberty in the tradition of the Austrian School for 30 years

Mises.org Content Management System

My Status: | Login |User Admin

Edit Document

#3320

URL

http://mises.freecapitalists.org/document/3320/Recent-Literature-on-Interest

Title

Grandparent Category

Parent Category

Category

Authors

Author 1: Author 2: New Author Mises.org

Description
(Will also update store text)

This book by Eugen von Boehm-Bawerk is a supplement to his two great books, Capital and Interest and The Positive Theory of Capital. Here he takes on alternatives to the Austrian theory he had previously presented, and thereby clarifies the case. It is an excellent illustration of the economist's stunning patience and capacity for thorough exposition.

It begins with an introduction by the historian of thought William A. Scott, who praises these essays to the skies. Boehm-Bawerk then takes on a number of new competitors to the Austrian theory: The agio theory, use theories, the abstinence theory, the labor theory, the productivity theory, the exploitation theory, and the eclectics.

It's incredible, by the way, how each of these theories continues to be "discovered" by economists in our own time, who, being unaware of the history of thought, are under the impression that they are advancing science when in fact they are only digging up old fallacies.

In each case, he shows the fallacies and missteps of all alternatives to the time-preference theory, leaving no doubt as to the origin and nature of interest.

Writes Scott: "Bohm-Bawerk's review of the literature of interest produced during the fifteen years preceding 1900, is presented herewith in translation, and needs no description or commendation. It speaks for itself. It is the hope and the belief of the translators that the English-speaking world will accord to this little book the
same welcome they gave to the translation of the first edition."

In our own time, these rare essays constitute what is really a lost book in the history of the Austrian tradition. It is indispensible for understand both the theory and the mind of the economist who was the teacher of Mises and the master of the theory of interest.

Publication Information

Keywords

Product Links

Product ID: or SKU:

File Attachments

Vol# Comment:

or:

URL:

Type	URL	Volume	Comment	Display	Edit	Delete
Adobe Acrobat (.pdf)	https://austrian-library.s3.amazonaws.com/books/Eugen von Bohm-Bawerk/Recent Literature on Interest.pdf	1			Edit	Delete
ebook (.epub)	https://austrian-library.s3.amazonaws.com/books/Eugen von Bohm-Bawerk/Recent Literature on Interest.epub	1			Edit	Delete

Text Content

Add new HTML content here, then add it as an HTML document type with the link /page/#

Subjects

Featured Biographies

Overview of the Austrian School of Economics

Biographical: Personal and Intellectual

Methodological Foundations

Subjectivism and the Theory of Value

Price, Cost, and Equilibrium

Welfare, Efficiency, and the Law

Competition, Monopoly, and the Firm

Entrepreneurship

The Calculation Debate

Capital and Interest

Money and Banking

The Business Cycle

Wages and Unemployment

Economic History

The History of Economic Thought

The Mixed Economy

Interdisciplinary Studies

Liberty

The Political Economy of Taxation: The Frederick L. Maier Archive

Core

Books (full text)

Philosophical Foundations

Political Philosophy

Property

History

Law

Anarchy

State Theory

Intellectual History

Religion and Politics

Austrian Methodology for the Social Sciences

Strategy

Sociology

Literature and the Arts

Medicine, Psychology and Psychiatry

War and Foreign Policy

Education

Natural Sciences and the Environment

Source

GUID

558f9a8f-ac0c-4bd9-9c50-0fb44d201462

The Ludwig von Mises Institute

Tu Ne Cede Malis

Advancing the scholarship of liberty in the tradition of the Austrian School for 30 years

Mises.org Content Management System

Back to Document List

Edit Document

Mises.org Content Management System

Back to Document List

Edit Document

User-Contributed Tags: