{"title":"Eugen Von Boehm-Bawerk","description":null,"products":[{"product_id":"positive-theory-of-capital-book-eugen-bhmbawerk-9781015531628","title":"The Positive Theory of Capital","description":null,"brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":51013345181969,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":51013347574033,"sku":"NIN9781015531628","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1015531628.jpg?v=1751365080"},{"product_id":"karl-marx-and-the-close-of-his-system-book-eugen-bhmbawerk-9781015481220","title":"Karl Marx And The Close Of His System","description":null,"brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":51013366612241,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":51013369266449,"sku":"NIN9781015481220","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1015481221.jpg?v=1751110174"},{"product_id":"capital-and-interest-book-eugen-bhmbawerk-9781789873351","title":"Capital and Interest","description":"\u003cp\u003e\u003cstrong\u003eEugen von B hm-Bawerk discusses the history and principles of interest, offering piercing critiques of failed theories and implementations from past eras.\u003c\/strong\u003e\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eThe author's investigations range as far back as antiquity and the Middle Ages; how civilizations of old dealt - or failed to deal - with interest in concept and practice. Interest is earned on existing capital, without the owner of said capital engaging in work or activity, an example being money invested in government bonds. Why this income should exist is the initial question posed, and an answer is sought through investigating several facets of the economy.\u003c\/p\u003e\u003cp\u003eB hm-Bawerk's thesis is lengthy and meticulous, ranging across theories of production, the uses with which capital can be employed, the relevance of labor and ideas put across by scholars. He investigates the relationship of interest to debt, exploring whether interest itself is a rent on capital, and what this means in the short and long term. 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