Category Archives: Interest Theory

NEW BOOK: Capitalism and the Jews

New in books, Capitalism and the Jews by Jerry Muller.

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Hayek vs Mises on the Theory of Interest

From a paper by Arash Vassei: Hayek attacks the Böhm-Bawerkian formulation of intertemporal choice in “Utility Theory and Interest”, published in 1936. Hayek attributes the ‘confusion’ characterizing the subsequent controversies about the proper relationship between Böhm-Bawerk’s three ingredients, especially the … Continue reading

Posted in Interest Theory, Mises | 29 Comments