The Austrian Theory of Value and Capital

Download or read book The Austrian Theory of Value and Capital written by Klaus Hennings and published by Edward Elgar Publishing. This book was released on 1997 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economist Hennings had not completed the revision for publication of his 1972-73 doctoral dissertation for Oxford University when he died suddenly in 1986, so the original work, nearly unchanged, is presented here. After reviewing the Austrian economist Bohm-Bawerk's (1851-1914) life, Hennings details his theory of value, capital, and interest within the context of 19th-century German economic thought and the development of neo-classical economic theory. The first English translation of his letters to Knut Wicksell are also included. Annotation copyrighted by Book News, Inc., Portland, OR