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Publisher Description

Abstract: Eugen von Bohm-Bawerk's Critical History of Economic Theory appeared in 1884 as the first volume of an eventual three-volume treatise on capital theory, of which the second volume, Positive Theory of Capital, appeared in 1889. An English translation of the Critical History by William Smart appeared as early as 1890, and attracted considerable criticism in England from Alfred Marshall and elsewhere (from Gustav Cassel and Knut Wicksell). This paper intends to critically review three significant and controversial aspects of Bohm-Bawerk's history, namely his views on 'Turgot's Fructification Theory' (Book I, chapter III) and 'the minor systems' developed by persons described by Bohm-Bawerk as 'eclectics', that is, John Stuart Mill and William Stanley Jevons. The last are treated in the same chapter by Bohm-Bawerk, that is, Book VII, chapter I. An earlier section of the paper will provide a brief overview of Bohm-Bawerk's Critical History to enable those unfamiliar with its text to situate the three short sections here critically reviewed, in their proper places. A final section presents some conclusions. Introduction

GENRE
Business & Personal Finance
RELEASED
2009
June 22
LANGUAGE
EN
English
LENGTH
34
Pages
PUBLISHER
History of Economic Thought Society of Australia
SELLER
The Gale Group, Inc., a Delaware corporation and an affiliate of Cengage Learning, Inc.
SIZE
334
KB

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