The great economist takes on Karl Marx, and his fundamental failure to understand the workings of the capital market and its relationship to value. The criticism was devastating, so much so that a leading Marxist responded, and thus herein is Rudolf Hilferding's response. It is very weak, as you will undoubtedly notice. The book is introduced by the socialist Paul Sweezy, and he too tries to rescue the Marxists from the corner into which Böhm-Bawerk drives them. So this book makes for great drama, and it is a pleasure to see the Austrian come out on top despite every effort by the compiler of the book to prevent it!
Eugen von Boehm-Bawerk
Eugen von Boehm-Bawerk (Born February 12, 1851; Died 1914) was in the right place at the right time to contribute importantly to the development of Austrian economics. Studying at the University of Vienna, he was twenty years old when Carl Menger's Principles of Economics appeared in print in 1871. His formal university training was in law (and thus he was not actually a student of Menger's), but after completing his doctorate in law in 1875, he began preparing himself both at home and abroad to teach economics in his native Austria. From the Ludwig von Mises Institute
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Category: History
Format: Book (Paperback) (256)
Publisher: Ludwig von Mises Institute
Date Published: Jun 01, 2007
Language: English
ISBN: 9781610160087
SKU: LT-1287
Dimensions: 6.00 x 9.00 x 0.75 (in)
Weight: 14.20 oz