Bohm bawerk – capital and interest; a critical history of economical theory (1922)

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Bohm bawerk – capital and interest; a critical history of economical theory (1922)

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... produce a certain amount of wealth But when wealth of which machinery may be is put into the active forms of capital takenas instance and type and capital becomes intermediary between man and his... assistance of the capital ; he cannot charge for the sacrifice of his wealth as wealth and for the sacrifice of his wealth as capital The truth is that, in this case, the one sacrifice of labour admits... it was not the capital that was lent, but the use of the To put it in terms of Bastiat's classical illustration James, capital who lends a plane to William, demands at the year's end a new plane

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