[ Karl Marx and the Close of His System (1896)] It is admitted by Marx that separate commodities exchange with each other either over or under their value according as the share of constant capital employed in their production is above or below the average. Stress is, however, laid on the fact that these individual deviations which take place
Volume. 5, No. 1 (Summer 2002) The times are past in which one could naively teach the cost theory without getting involved in more precise explanations concerning in particular the origin of the value of the cost goods itself and the laws determining its magnitude. Whoever begins, however, really to explain, instead of merely assert, will
The offering which the most prominent leader of the younger generation of the historical school has made to the founder and head of that school, Wilhelm Roscher, at the fiftieth anniversary of his doctorate, is a most fitting tribute. The book is dedicated to Professor Roscher, in honor of the fiftieth anniversary of his doctorate. It is as if
The Quarterly Journal of Economics , November 1907, 22.1, pp. 28-47. SUMMARY: The identity of capital and capital goods: is it admitted by Professor Clark? A difference as to knowing the existence and finding the explanation of the return on capital, A question of method: shall a theory of distribution confine itself to the present, or must it
Annals of the American Academy of Political and Social Science , Volume 17 (1901) Under the above title Mr. Bostedo has criticised, in the January number of the ANNALS, some views which I expressed in my work, “The Positive Theory of Capital,” in regard to the influence of saving on the formation of capital. While I advanced and illustrated by
[Editor’s Note: Published in January 1914 in Neue Frei Presse ,” Our Passive Trade Balance” (“Unsere passive Handelsbilanz”) would prove to be Eugen von Böhm-Bawerk’s last publication before his death. Ludwig von Mises mentions the article in an essay written after Böhm-Bawerk’s death, but to our knowledge, this is the first time the essay has
Ya está disponible una nueva traducción de la «Teoría del interés de 1876» de Bohm-Bawerk en el Quarterly Journal of Austria n Economics . De la Introducción: Hasta donde sabemos, ésta es la primera traducción al inglés de la ponencia de seminario de Eugen von Böhm-Bawerk de 1876. Nuestra traducción al inglés se basa en tres fuentes en alemán: (1)
[En esta introducción a su ensayo «Control o ley económica», Böhm-Bawerk examina cómo la realidad de la «economía mixta» significa que debemos ser capaces de entender la interacción entre la acción del mercado y los innumerables esfuerzos por distorsionar el mercado mediante la legislación estatal y la acción social. En última instancia, nos
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.