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Review title: Interesting History of Interest Theories
Product review: The first volume of Capital and Interest provides a survey of the history of economic thought regarding interest rates. As such, few members of the general population will anything of interest here. Those self selected few who want to understand political-economy might well invest time in reading this book. Capital and Interest is a detailed study, so reading it is a lengthy process. However, there are no short routes to learning about competition theories of interest.This book is itself an important part of history. Here we can read one of the earliest and most effective critiques of Marxian economics. Unfortunately, this book is a `historical' representation of professional opinion. Bohm Bawerk offers a very different view of capital and interest than is popular with contemporary economists. This, however, makes the reprinting of this book all the more important.
