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Beyond Roscher or not? A reappraisal of Menger's and Bohm-Bawerk's contributions to the theory of interest

Article Abstract:

The different responses of Carl Menger and E. von Bohm-Bawerk to Wilhelm Roscher's economic theories represents their different theoretical contributions to the development of interest theory. To support this argument, a comparison of Menger's use of theoretic assumptions to 'explain the value productivity of capital directly from the physical one' and Bohm-Bawerk's agio theory and his experiences in the Finance Ministry.

Author: Tomo, Shigeki
Publisher: Emerald Group Publishing, Ltd.
Publication Name: Journal of Economic Studies
Subject: Economics
ISSN: 0144-3585
Year: 1995
History, Economic policy, Economics, Criticism and interpretation, Economists, Menger, Carl, Bohm-Bawerk, E. von

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The social question and fundamental principles of modern market economics - there is more agreement than contradiction: the case of von Schmoller's labour question

Article Abstract:

A study examines the impact of market-driven economy, in the light of globalization, on social aspects of a nation. The contributions of Gustav Friedrich von Schmoller to the social market economy are discussed.

Author: Frambach, Hans
Publisher: Emerald Group Publishing, Ltd.
Publication Name: Journal of Economic Studies
Subject: Economics
ISSN: 0144-3585
Year: 2006
Germany, Economic aspects, Appreciation, Works, Capitalism, Globalization, Schmoller, Gustav Friedrich von

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