Mises Daily
Author:
Roger W. Garrison
Online Publish Date:
[This article originally appeared in the Quarterly Journal of Austrian Economics .] Interest has a title role in many pre-Keynesian writings as it does in Keynes’s own General Theory of Employment, Interest, and Money (1936). Eugen Boeöhm-Bawerk’s Capital and Interest (1889), Knut Wicksell’s Interest and Prices (1898), and Gustav Cassel’s The