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by Eugen V. Bohm-Bawerk (Author), William Smart (Translator)
Capital and Interest: A Critical History of Economical Theory is a comprehensive book written by Eugen V. Bohm-Bawerk. The book provides a detailed analysis of the development of economic theories related to capital and interest over the course of history. The author examines the ideas of various economists, including Adam Smith, David Ricardo, Karl Marx, and others, and provides a critical evaluation of their theories.Bohm-Bawerk argues that the concept of capital is central to understanding economic theory, and that interest is a natural result of the use of capital. He also discusses the role of time in economic theory and the relationship between interest rates and the rate of profit.The book is divided into three parts. The first part provides an overview of the historical development of economic thought related to capital and interest. The second part examines the theories of specific economists in more detail, including the works of Adam Smith, David Ricardo, and Karl Marx. The third part provides a critical evaluation of these theories and offers alternative explanations.Overall, Capital and Interest: A Critical History of Economical Theory is a valuable resource for anyone interested in the history of economic thought and the development of theories related to capital and interest. The book is well-written and provides a thorough analysis of the subject matter.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.
