The Positive Theory of Capital (Large Print Edition)

The Positive Theory of Capital (Large Print Edition) PDF

Author: Eugen Bohm-Bawerk

Publisher:

Published: 2014-03-25

Total Pages: 468

ISBN-13: 9781497438880

DOWNLOAD EBOOK →

LARGE PRINT EDITION! More at LargePrintLiberty.com. This is the second book in the series of Bohm-Bawerk translations by Scottish economist William Smart, originally published in 1891. It is, as the title suggests, the positive theory of capital. It begins with full front matter by Smart himself, and then we come to book one: The Nature and Conception of Capital. Six sections follow: Capital as an Instrument of Production, Value, Price, Present and Future, The Source of Interest, The Rate of Interest, and finally a rich and detailed index. It follows the author's legendary method of systematically thinking and clear exposition to present what is called today the time-preference theory of interest, that is to say, that the passage of time and the preference for the present over the future are the necessary and sufficient conditions for the emergence of interest. Capital is the corrolary to that notion: all production takes place over time.

The Positive Theory of Capital

The Positive Theory of Capital PDF

Author: Eugen von Böhm-Bawerk

Publisher: Jazzybee Verlag

Published: 1891

Total Pages: 476

ISBN-13:

DOWNLOAD EBOOK →

Von Boehm-Bawerk is one of the leading economists of the so-called Austrian school. With Karl Menger and others, he has contributed to the development of a theory of value which has received wide acceptance, and has been the cause of still wider discussion, in the economic world. This theory, as elaborated by Boehm von Bawerk, is based largely upon psychological principles. Its chief feature consists in a searching analysis of ‘subjective value.’ In his “Capital and Interest”, the author makes a brilliant and original study of these two subjects. “The Positive Theory of Capital” is the successor to the work mentioned above.

The Positive Theory of Capital

The Positive Theory of Capital PDF

Author: Böhm-Bawerk

Publisher: VM eBooks

Published: 2016-11-24

Total Pages:

ISBN-13:

DOWNLOAD EBOOK →

BOOK I: THE NATURE AND CONCEPTION OF CAPITAL Book I, Chapter I: Man and Nature Book I, Chapter II: The Nature of Capital Book I, Chapter III: Historical Development of the Conception Book I, Chapter IV: The True Conception of Capital Book I, Chapter V: The Competing Conceptions of Capital Book I, Chapter VI: Social and Private Capital BOOK II: CAPITAL AS INSTRUMENT OF PRODUCTION Book II, Chapter I: Introductory Book II, Chapter II: Capitalist Production Book II, Chapter III: The Function of Capital in Production Book II, Chapter IV: The Theory of The Formation of Capital Book II, Chapter V: Formation of Capital in a Community Book II, Chapter VI: Possible Objections BOOK III: VALUE Book III, Chapter I: The Two Conceptions of Value1 Book III, Chapter II: Nature and Origin of Subjective Value Book III, Chapter III: The Amount of Value Book III, Chapter IV: The Marginal Utility Book III, Chapter V: Complications Book III, Chapter VI: What Determines Marginal Utility Book III, Chapter VII: Alternative Uses Book III, Chapter VIII: Subjective Exchange Value Book III, Chapter IX: The Value of Complementary Goods Book III, Chapter X: The Value of Productive Goods. Value and Costs. BOOK IV: PRICE Book IV, Chapter I: The Fundamental Law Book IV, Chapter II: Isolated Exchange Book IV, Chapter III: One-Sided Competition Book IV, Chapter IV: Two-Sided Competition Book IV, Chapter V: The Law of Supply and Demand Book IV, Chapter VI: The Individual Determinants of Price Book IV, Chapter VII: The Law of Costs BOOK V: PRESENT AND FUTURE Book V, Chapter I: Present and Future in Economic Life Book V, Chapter II: Differences in Want and Provision for Want Book V, Chapter III: Underestimate of the Future Book V, Chapter IV: The Technical Superiority of Present Goods Book V, Chapter V: Co-operation of the Three Factors BOOK VI: THE SOURCE OF INTEREST Book VI, Chapter I: The Loan and Loan Interest Book VI, Chapter II: The Profit of Capitalist Undertaking. Principles of Explanation. Book VI, Chapter III: The Profit of Capitalist Undertaking. Complications. Book VI, Chapter IV: The Profit of Capitalist Undertaking. The Labour Market. Book VI, Chapter V: The Profit of Capitalist Undertaking. The General Subsistence Market. Book VI, Chapter VI: The Profit of Capitalist Undertaking. The General Subsistence Market—(continued) Book VI, Chapter VII: Interest From Durable Goods Book VI, Chapter VIII: Interest From Durable Goods—(continued) Book VI, Chapter IX: Results Book VI, Chapter X: Interest Under Socialism BOOK VII: THE RATE OF INTEREST Book VII, Chapter I: The Rate in Isolated Exchange Book VII, Chapter II: The Rate in Market Transactions Book VII, Chapter III: The Rate in Market Transactions—(continued) Book VII, Chapter IV: The Market for Capital in Its Full Development Book VII, Chapter V: The Market for Capital in Its Full Development—(continued) APPENDIX TO PAGE 327 [ Book VI, Chapter V ] Amount of Subsistence Fund Necessary Before Entering on a Production Period of Given Length

The Positive Theory of Capital (Classic Reprint)

The Positive Theory of Capital (Classic Reprint) PDF

Author: Eugen von Böhm-Bawerk

Publisher: Forgotten Books

Published: 2017-10-22

Total Pages: 472

ISBN-13: 9780265582053

DOWNLOAD EBOOK →

Excerpt from The Positive Theory of Capital The criticisms directed against the various theories of Interest in the former work may be briefly summarised as follows. The Productivity theories - those which, more or less explicitly. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

The Positive Theory of Capital

The Positive Theory of Capital PDF

Author: Eugen Boehm-Bawerk

Publisher: Createspace Independent Publishing Platform

Published: 2017-09-04

Total Pages: 178

ISBN-13: 9781976087714

DOWNLOAD EBOOK →

The Positive Theory of Capital sees Eugen von Boehm-Bawerk explain the concept of capital, and how its nature defines the workings of the modern economy. Boehm-Bawerk commences this book by noting how books pertaining to the social science of economics call upon the physical sciences to support their arguments. Usually this connection relates to arguments surrounding production; however Boehm-Bawerk proposes to take the association deeper, without venturing too deeply into the theory and jargon of natural or physical science. The distinguishing parts of Boehm-Bawerk's theory are based upon how time also affects the value of products. The notion that a product present and ready today is worth more than a product that will not be present until a week from now, and in turn the product ready a week from now is worth more than one ready a year from now, is explained. The time preference of goods, and its effects upon price, production, how consumers perceive value, and (crucially) the mechanism of interest is central to this work. Much of this text is also occupied by debunking theories of capital that came before it, identifying their contradictions which ultimately befuddle and confound those who subscribe to them. Boehm-Bawerk is careful to construct a theory of capital and interest that maintains its inner logic across the entire sphere of the economy. Although his theories use the same terms as his forebears, the author ultimately delivers a thesis which differs at the most basic levels of price and value. An important figure in the field of Austrian economics, Boehm-Bawerk is recognized for his contributions to this school of thought. He was vociferous and thorough in criticizing Marxist thought, and these critiques count among his most recognized and celebrated accomplishments. For its part, The Positive Theory of Capital soundly shows how the tenets of economics relate and affect one another. It inspired generations of economists who followed, both within and outside the Austrian school of economics.

The Positive Theory of Capital - Scholar's Choice Edition

The Positive Theory of Capital - Scholar's Choice Edition PDF

Author: Eugen Von Bohm-Bawerk

Publisher:

Published: 2015-02-12

Total Pages: 472

ISBN-13: 9781295990498

DOWNLOAD EBOOK →

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.