Recent Literature on Interest

Summary

“Recent Literature on Interest” is a book by Eugen von Böhm-Bawerk. It serves as a supplement to his two major works, “Capital and Interest” and “The Positive Theory of Capital”. In this book, Böhm-Bawerk addresses alternatives to the Austrian theory he had previously presented, thereby clarifying the case. The book is an excellent illustration of the economist’s stunning patience and capacity for thorough exposition.