The Positive Theory of Capital
The Positive Theory of Capital

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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. "The Positive Theory of Capital" is the successor to the work mentioned above.

  • Released: July 27, 2017
  • Author: Eugen von Boehm-Bawerk,William A. Smart
  • Rating: 4
  • Publisher: Jazzybee Verlag (July 27, 2017)
  • Total Page: 363 pages
  • File Size: 1464 KB

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