Author Description

Capital And Interest: A Critical History Of Economical Theory is a book written by Eugen V. Bohm-Bawerk, a prominent economist of the late 19th and early 20th century. The book is a comprehensive analysis of the history of economic theory regarding the concepts of capital and interest. Bohm-Bawerk starts by discussing the classical economists, such as Adam Smith and David Ricardo, and their theories on capital and interest. He then moves on to the marginalist school of thought, which includes the likes of Carl Menger and William Stanley Jevons. The author critiques the marginalist school and its concept of marginal utility, which he believes is insufficient in explaining the phenomena of capital and interest.The book also delves into the theories of the Austrian School of Economics, of which Bohm-Bawerk was a prominent member. He argues that the Austrian School's approach to capital and interest is more comprehensive and accurate than that of the classical and marginalist schools.Throughout the book, Bohm-Bawerk provides detailed analysis and critiques of various economic theories and their proponents. He also presents his own ideas and theories on capital and interest, which he believes to be more accurate and useful in understanding the workings of the economy.Overall, Capital And Interest: A Critical History Of Economical Theory is a seminal work in the field of economics, providing a comprehensive and critical analysis of the history of economic thought regarding capital and interest.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.