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von Böhm-Bawerk, Eugen. POSITIVE THEORIE DES KAPITALES VIERTE, UNVERÄNDERTE AUFLAGE. MIT EINEM GELEITWORT VON PROF. DR. FRIEDRICH WIESER, WIEN. ERSTER BAND [UND] ZWEITER BAND. [POSITIVE THEORY OF CAPITAL… 4TH UNCHANGED EDITION. WITH A FOREWORD BY PROF. DR. FRIEDRICH WIESER…] Jena: Gustav Fischer 1921. 1/4 cloth with original brown boards; XXIV, 488; VIII, 350, [2] pp.
$125
Capital and Interest is a three-volume work divided into two stand-alone parts: History and Critique of Interest Theories and Positive Theory of Capital. These are the 2 volumes comprising the stand-alone Positive Theory of Capital. In German. Very good. Volume 1 with light pencil underlining in a few sections, previous owner’s stamp. Volume 2 light crush damage to top 1/2 inch of spine. Very light rubbing to boards. One of the the foundational texts of Austrian Economics. Von Böhm-Bawerk develops Carl Menger’s ideas of marginal utility to argue that the idea of subjective value is related to marginalism – things only have value to the extent people want such goods. The foreword by von Wieser is well worth the price of admission. Price for set.
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