Beyond Roscher or not? A reappraisal of Menger’s and Böhm‐Bawerk’s contributions to the theory of interest

Abstract

Outlines the difference between the attitude of Menger and that of Böhm‐Bawerk to Roscher′s economic system. Argues that this difference symbolizes the difference in their theoretical contributions in the field of interest theory. Contrasts Menger′s use of theoretic assumption with Böhm‐Bawerk′s agio theory combined with his experience in practice.

Citation

Tomo, S. (1995), "Beyond Roscher or not? A reappraisal of Menger’s and Böhm‐Bawerk’s contributions to the theory of interest", Journal of Economic Studies, Vol. 22 No. 3/4/5, pp. 127-133. https://doi.org/10.1108/EUM0000000003977