Kapital und Kapitalzins. Erste Abtheilung: Geschichte und Kritik der Kapitalzins-Theorieen

Name: Kapital und Kapitalzins. Erste Abtheilung: Geschichte und Kritik der Kapitalzins-Theorieen
Author: Eugen von Böhm-Bawerk

1884

by Eugen von Böhm-Bawerk

Austrian SchoolCarl MengerEugen von Bohm-BawerkCapital TheoryEconomic HistoryHistorical SchoolInterest TheorySocial PolicyAbstinence TheoryAdam SmithExploitationKarl MarxProductivityJohann Karl RodbertusAnne-Robert-Jacques TurgotUse ValueInterest RatesProfit and LossAristotleNatural LawPlatoThomas AquinasUsuryJohn LockeLabor Theory of ValueDavid HumeJeremy BenthamPhysiocracyGround RentSupply and DemandClassical EconomicsNassau SeniorSurplus ValueWagesJean-Baptiste SayDavid RicardoProduction CostsThomas MalthusEntrepreneurshipPolitical EconomyWilhelm RoscherExchange ValueCompetitionDepreciationMonopolyCapital ConsumptionDiminishing ReturnsJohann Heinrich von ThunenProductivity of CapitalFerdinand LassalleCapital AccumulationAlbert SchaffleCapital GoodsKarl KniesMarginal UtilityMethodologyEconomic GoodsLegal TheoryJames MillOpportunity CostRoundabout ProductionTime PreferenceFrederic BastiatJohn Stuart MillWilliam Stanley JevonsFixed CapitalAdolf WagnerProperty RightsJean Charles Léonard de SismondiSocialismDivision of LaborScarcityLabor LawCapitalismAgricultureInvestmentWilliam PettyInnovationMathematical EconomicsManchester SchoolKathedersozialismusPrice TheoryMarxismBureaucracyCartelsKnowledge EconomicsMercantilism

Table of Contents · 101 segments

Front Matter, Title Pages, and Dedicationessay

Prefaceessay

Table of Contentsessay

The Problem of Capital Interestchapter

Ancient Philosophical and Canonist Opposition to Loan Interestchapter

Conclusion of the Canonist Opposition to Loan Interestchapter

Canonist Dominance, Practical Evasion, and the Economic Necessity of Interestchapter

Reformers, Practical Toleration, and the Rise of Principled Oppositionchapter

Calvin’s Defense of Interest Within Equity and Charitychapter

Molinaeus’s Legal and Scholastic Critique of the Usury Banchapter

Besold, Bacon, and Early Modern Defenses of Interestchapter

Dutch Conditions, Grotius, and the Turning Point Around 1640chapter

Salmasius’s Theory of Interest and Polemic Against Canonismchapter

Reception of the Salmasian Doctrine in the Netherlands and Germanychapter

English Usury Law, Locke, and Steuart on Interestchapter

Defenders of Loan Interest to the Eighteenth Century: Hume, Italy, France, and the Canonist Controversychapter

Turgot's Fructification Theory of Interestchapter

Adam Smith and the Interest Problem: Seeds of Later Theorieschapter

From Smith’s Ambivalence to the Five Main Interest Theorieschapter

Colorless Theories in Early German Economicschapter

Ricardo’s Colorless Theory of Profit and Its Limitschapter

Malthus, Torrens, and McCulloch on Capital Profitchapter

Colorless Theories: McCulloch, MacLeod, and French Transitional Writerschapter

Productivity Theories: Preliminary Clarification of Productivity and Surplus Valuetheoretical

Say and the Origins of Naive Productivity Theorytheoretical

German Naive Productivity Theory from Schön and Riedel to Roschertheoretical

Kleinwächter’s Value-Producing Definition of Capitaltheoretical

Naive Productivity Theories: Kleinwächter, French and Italian Variants, and Critiquetheoretical

Motivated Productivity Theories and Lauderdale’s Labor-Saving Explanationtheoretical

Malthus on Capital Profit, Production Costs, and the Rate of Profittheoretical

Carey’s Productivity Theory and the Axe Exampletheoretical

Carey's Productivity Theory and Böhm-Bawerk's Critique of Its Interest-Rate Argumenttheoretical

E. Peshine Smith's Carey-Derived Theory of Capital Profittheoretical

Von Thünen's Productivity Theory of Interest and Böhm-Bawerk's Critiquetheoretical

Glaser's Indirect-Labor Account of Capital Profittheoretical

Roesler's Productivity Theory and the Ambiguity of Capital Producttheoretical

Roesler’s modified productivity theory and Böhm-Bawerk’s critiquetheoretical

Rodbertus, Lassalle, Marx, and Strasburger’s defense of capital productivitytheoretical

Böhm-Bawerk’s critique of Strasburger: natural forces, gross return, and pure interesttheoretical

Final conclusions on productivity theories of interesttheoretical

Use theories of interest: chapter introduction and historical roadmapchapter

Say’s services productifs and the initial form of use theorytheoretical

Storch, Nebenius, and Marlo as minor successors to Saytheoretical

Hermann’s developed use theory and its causal ambiguitytheoretical

Hermann on the level of interest and Böhm-Bawerk’s objectiontheoretical

Hermann’s exchange-value error and early German followerschapter

Schäffle’s ambiguous relation to the use theorychapter

Knies’s clarified version of Hermann’s use theorychapter

Menger’s mature formulation of the use theorychapter

Opening of Böhm-Bawerk’s critique of the use theoriestheoretical

Subjective and objective meanings of use in the Say-Hermann schooltheoretical

Nutzleistungen as real useful services and their difference from capital usetheoretical

Nonexistence of a Separate Use Beyond Goods’ Natural Servicestheoretical

Program of Critique and the Errors of Say and Schäffletheoretical

Critique of Hermann’s Analogy Between Durable and Consumable Goodstheoretical

Critique of Knies’s Loan Theory and the Equivocation on Usetheoretical

Contradictions Produced by the Assumption of Pure Usetheoretical

Historical Origin of the Fiction of Pure Use in Jurisprudence and Loan Theorytheoretical

End of Use-Theory Critique: Loans, Menger, and the Opening of the Second Prooftheoretical

Why the Use Theory Cannot Explain Surplus Valuetheoretical

The Abstinence Theory: Senior, Classical Economics, and the Cost Theory of Interestchapter

Senior’s Merits and the Critiques of Pierstorff and Lassalletheoretical

Böhm-Bawerk’s Critique of Senior’s Abstinence Theorytheoretical

Successors of Senior and Böhm-Bawerk’s Critique of Bastiattheoretical

Abstinence Theory: Final Critique of Bastiatchapter

Work Theories of Interest: Introduction, English and French Groupschapter

German Work Theory of Interest and Böhm-Bawerk’s Critiquechapter

Exploitation Theory: Historical Overviewchapter

Historical overview: Guth, Dühring, Mill, and Katheder-socialist receptiontheoretical

Method and scope of the critique of exploitation theorytheoretical

Rodbertus’s theory of labor, rent, capital profit, and ground renttheoretical

Critique of Rodbertus’s claim that goods economically cost only labortheoretical

Critique of the whole-product claim through present and future valuetheoretical

Rodbertus on Product Value, Interest, and the Labor Theory of Valuetheoretical

Marx’s Labor Theory of Value: Use Value, Exchange Value, and Abstract Labortheoretical

Marx’s Surplus Value Theory and Its Parallels to Rodbertustheoretical

Contradictions in Rodbertus’s Rent and Profit Equalization Theorytheoretical

Rodbertus’s Exploitation Theory Tested Against Material Capital and Timetheoretical

Beginning of Böhm-Bawerk’s Critique of Marx’s Labor Theory of Valuetheoretical

Continuation of the Critique of Smith, Ricardo, and Unsupported Labor-Value Claimstheoretical

Böhm-Bawerk’s Critique of Marx’s Deductive Proof of Labor Valuetheoretical

Empirical Exceptions to the Labor-Value Lawtheoretical

Further Critique of Marx on Time, Constant Capital, and Surplus Valuetheoretical

Final Assessment of the Socialist Exploitation Theorytheoretical

Chapter XII Opening: The Eclectics and the Interest Problemchapter

Eclectic Combinations of Productivity and Abstinence Theories from Rossi to Cossatheoretical

Jevons’s Eclectic Theory of Capital, Time, and Interesttheoretical

Eclectic Mixtures Involving Labor and Exploitation Theories from Read to J. S. Milltheoretical

Mill’s Eclectic Explanations of Capital Profittheoretical

Schäffle, Kathedersozialismus, and Eclectic Exploitation Theorytheoretical

Chapter XIII Introduction: New Attempts at Interest Theorychapter

Henry George’s Younger Fructification Theorytheoretical

Critique of George’s Fructification Theorytheoretical

Schellwien’s Modified Abstinence Theorytheoretical

Critique of Schellwien’s Non-Consumption Account of Interesttheoretical

False Idealizations of Value and Capitalessay

Concluding Reflections: Capital Interest as a Value Problemchapter

Conclusion: Ranking Interest Theories and the Role of Time in Valuationchapter

Author Indexbibliography

100

Errata and Addendafootnotes

101

Publisher Catalogue and Advertisementsbibliography