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Subtitle: A Critical History of Economical Theory: Forgotten Books,
London, 2015, A reprint of the edition published by Brentano's N.Y. in 1922.
428 pgs., footnotes, paperback
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Reviewer comment:
It is clear from the chapter titles that von Bohm-Bawerk is discussing the
history of theories concerning Interest and its legitimacy. His method is
deductive reasoning and the formulation of criticisms of the many theories he
describes. We may consider that this is book of theories about theories. We may
agree with him that many of these theories are invalid and none are conclusive
or sufficient. The author's topic relates to economic theoretical arguments
focused only on Interest, not all the subjects included in economic analysis
and is of course limited to his work circa 1900. Turning to Lawrence White's
The Clash of Economic Ideas which deals with theories about broader
subjects in economics and the 20th century we find the same subject matter has
continued. The reader is reminded of the content and methods of the 13th
century clerics at Cambridge and Univ. of Paris - we may consider these savants
he discusses as 'secular theologians'.
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Translator's Preface
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Introduction - The Problem of Interest
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Book I - Chapter I - The Opposition to Interest in Classical and
Medieval Times
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Chapter II - The Defense of Interest From the Sixteenth Till the
Eighteenth Century
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Chapter III - Turgot's Fructification Theory
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Chapter IV - Adam Smith and the Development of the Problem
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Chapter V - The Colourless theories
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Book II - Chapter I - The Productive Power of Capital
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Chapter II - The Naive Productivity Theories
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Chapter III - The Indirect Productivity Theories
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Book III - Chapter I -The Use of Capital
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Chapter II - Historical Statement
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Chapter III - Plan of Criticism
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Chapter IV - The Use of Capital According to the Say-=Hermann School
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Chapter V - The True Conception of the Use of Goods
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Chapter VI - Criticism of the Say- Hermann Conception
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Chapter VII - The Independent Use: An Unproved Assumption
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Chapter VIII - The Independent Use: Its Untenable Conclusions
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Chapter IX - The Independent Use: Its Origin in Legal Fiction
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Chapter X - Menger's Conception of Use
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Chapter XI - Final Insufficiency of the Use Theory
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Book IV - Chapter I - Senor's Statement of the Theory
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Chapter II - Criticism of Senior
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Chapter III - Bastiat's Statement
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Book V
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Book VI - Chapter I - Historical Survey
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Chapter II - Rodbertus
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Chapter III - Marx
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Book VII - Chapter I - The Eclectics
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Chapter II - The Later Fructification Theory
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