Positive Theorie des Kapitales

Name: Positive Theorie des Kapitales
Author: Eugen von Böhm-Bawerk

1889

by Eugen von Böhm-Bawerk

Eugen von Bohm-BawerkAustrian SchoolCapital TheoryCarl MengerEmpiricismFriedrich von WieserHistorical SchoolKarl KniesMarginal UtilityMethodologyJohann Karl RodbertusWilhelm RoscherWilliam Stanley JevonsCapital AccumulationInterest RatesPrice TheoryProfit and LossRoundabout ProductionSocialismSubjective ValueSubsistence FundTime PreferenceInterest TheoryJean-Baptiste SayCausalityNatural LawProductivityCapital GoodsEconomic GoodsProductivity of CapitalAdam SmithKarl MarxLeon WalrasAnne-Robert-Jacques TurgotAdolf WagnerClassical EconomicsHermann Heinrich GossenScarcityDiminishing ReturnsInvestmentJohann Heinrich von ThunenCapital IntensityDivision of LaborAlbert SchaffleInfrastructureProperty RightsFactors of ProductionFerdinand LassalleJohn Stuart MillNassau SeniorSavingCapital ConsumptionInnovationStationary EconomyEntrepreneurshipNational IncomeAbstinence TheorySocial PolicyEmil SaxExchange ValueObjective ValueUse ValueUtilityMarginalismProduction CostsSupply and DemandOpportunity CostComplementary GoodsZurechnungMarginal CostPrice FormationCompetitionEquilibriumLabor MarketMoney SupplyQuantity Theory of MoneyUncertaintyUsuryDiscount RateSurplus ValueWagesAgricultureExploitationDepreciationDavid RicardoFixed CapitalGround RentMonopolySocial JusticeMoney MarketSpeculationEconomic HistoryCartels

Table of Contents · 78 segments

Title Pages and Publication Informationchapter

Prefaceessay

Detailed Table of Contentschapter

Introduction: Two Problems of Capitalessay

Book I, Section I: Human Beings, Nature, and Material-Goods Productiontheoretical

Book I, Section II: The Essence of Capital, Beginningtheoretical

Roundabout Production and the Definition of Capitaltheoretical

The Controversy over the Concept of Capitaltheoretical

Critique of Competing Capital Conceptstheoretical

Social and Private Capitaltheoretical

Capital as an Instrument of Production: Opening Problemschapter

Methodological Transition to the Theory of Capitalist Productiontheoretical

Elementary Productive Forces: Nature, Land Uses, and Labortheoretical

Direct and Indirect Production, Productivity, and Time Sacrificetheoretical

Degrees of Capitalism and Diminishing Returns to Longer Production Detourstheoretical

Average Production Period and the Unified Capitalist Production Processtheoretical

Capital as Symptom, Production Tool, and Enabler of Further Roundabout Productiontheoretical

Capital Is Not an Independent Productive Factor and the Debate on Capital Formationtheoretical

Robinson Crusoe Example for Capital Formation by Saving and Productiontheoretical

Saving Productive Forces in the Robinson Exampletheoretical

Capital Stock as Maturity Classes and Year Ringstheoretical

Capital Formation under Socialist and Individualistic Economiestheoretical

First Objection to Saving Theory: Non-Consumable Capital Goodstheoretical

Productivity, Saving, and the Transition to Value Theorytheoretical

Capital Interest and the Two Concepts of Valuetheoretical

Utility, Welfare, and the Origin of Subjective Valuetheoretical

Subjective Value, Scarcity, and the Magnitude of Value by Marginal Utilitytheoretical

Value Magnitude with Multiple Uses: Use Value and Subjective Exchange Valuetheoretical

Use Value and Subjective Exchange Valuetheoretical

The Value of Complementary Goodstheoretical

The Value of Productive Goods and the Relation of Value to Coststheoretical

Price: The Basic Law of Price Formationtheoretical

Foundations of Advantageous Exchange and Exchangeabilitytheoretical

Price Formation in Isolated Exchangetheoretical

Price Formation with One-Sided Competition Among Buyerstheoretical

Price Formation with One-Sided Competition Among Sellerstheoretical

Two-Sided Competition: Market Process and Equilibrium Zonetheoretical

The General Law of Market Price and Marginal Pairstheoretical

Supply and Demand Formulation and Special Equilibrium Casestheoretical

Individual Determinants of Pricetheoretical

The Cost Law in Price Theorytheoretical

Present and Future in Economic Life: Thesis and Foundationstheoretical

First Cause of Higher Present-Goods Valuation: Different Provision Across Timetheoretical

Present Goods as Reserve Stock and the First Ground for Agiotheoretical

Second Ground: Undervaluation of Future Pleasures and Needstheoretical

Third Ground: Technical Superiority of Present Productive Goodstheoretical

Independence of Productive Superiority and Extension to Consumption Goodstheoretical

Interaction of the Three Grounds and Transition to Market Exchange Valuetheoretical

Market Price of Present and Future Goods and Temporal Arbitragetheoretical

Origin of Capital Interest: Section Introductiontheoretical

Loan Interest as a Pure Exchange of Present for Future Goodstheoretical

Against Knies’s Use Theory of Loanstheoretical

Complications: Gradual Value Growth and Alternative Productive Usestheoretical

Defending the Exchange Theory Against Knies’s Objectiontheoretical

Practical Forms of Loan Interest, Interest-Free Loans, and Negative Premiumstheoretical

Entrepreneurial Capital Profit from Buying Productive Goods of Remote Orderstheoretical

Continuation: Market Detaxation and the Transition to Concrete Productive-Factor Marketstheoretical

C. The Labor Markettheoretical

D. The General Market for Subsistence Advancestheoretical

Closing Critique of Exploitation in the Purchase of Labortheoretical

Durable Goods, Use-Services, and Discounted Valuationtheoretical

How Durable Goods Yield Net Interest through Value Appreciationtheoretical

Use Theory, Capitalization, Productive Durable Goods, and Ground Renttheoretical

Results: Interest as Maturing Future Goods and Its Ethical Limitstheoretical

Results on the Justice and Utility of Capital Interesttheoretical

Interest in the Socialist Statetheoretical

The Level of Interest in Isolated Exchangetheoretical

The Level of Interest in Market Exchange: Simplest Hypothesistheoretical

Marginal Productivity Bounds and Determinants of the Market Interest Ratetheoretical

Heterogeneous Labor and Sectoral Production Periodstheoretical

Consumption Credit, Rent, and Rentier Claims in the Capital Markettheoretical

Saving, Wealth, and Intertemporal Economic Provisiontheoretical

Conclusion of the Fully Developed Capital Marketchapter

Appendix I: Size of the Initial Fund Required for a Given Production Periodtheoretical

Appendix II: Reply to Robert Meyer on the Critique of Exploitation Theoryessay

Author Indexbibliography

Publisher Catalog from Wagner’sche Universitäts-Buchhandlungbibliography

Facsimile Edition Colophonbibliography