BÖhm-Bawerk, Eugen
Encyclopedia article; The Columbia Encyclopedia, Sixth Edition, 2009
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Religious Studies, Education, Psychology, History, Literature, Philosophy, Entire Library
...Three times minister of finance (1895, 1897, and 1900...policies. Rejecting the standard theory of value, Bohm-Bawerk posited a theory of interest and of capital...nature of production. His theories marked an early point of departure...determined by utility. The theory is considered subjective because...