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Subject Area: Economics
Topic: Money and Banking
Collection: Classics of Liberty

Eugen von Böhm-Bawerk, Capital and Interest: A Critical History of Economic Theory [1884]

Edition used:

Capital and Interest: A Critical History of Economic Theory, trans. William A. Smart (London: Macmillan, 1890).


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About this title:

Ludwig von Mises described this as a “monumental work” which “is the most eminent contribution to economic theory”. He further stated that “a man not perfectly familiar with all the ideas advanced in theses three volumes has no claim whatever to the appellation of an economist”. It is a work which made the modern intertemporal theory of interest rates possible.

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