By Knut Wicksell
Knut Wicksell used to be a massive philosopher of the second-generation marginalist tuition, and here's his specific observation on and elaboration of the capital idea of Eugen von Böhm-Bawerk. It was once first released in 1893, yet didn't seem in English until eventually 1954. yet its visual appeal crammed a niche within the background of financial rules. He additional defends the connection among the normal interest rate and the go back on capital. He facets strongly with the Mengerian institution of marginalists opposed to the Jevons and Walrasian department. This ebook is key for any pupil of Austrian capital thought. His rigor and a spotlight to aspect is striking via any regular. This softcover e-book is 184 pages with index, and a foreword through G.L.S. Shackle (who mistakenly means that Wicksell was once a proto-Keynesian).
184 pages, 6" x 9", paperback 2007