IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

The Contrasting Views of Menger and Böhm-Bawerk on Capital and Production

Listed author(s):
  • Jacques-Laurent RAVIX


This paper proposes a reassessment of the well-known opposition between Menger and Böhm-Bawerk, generally presented as an opposition between a "subjectivist" view and a "materialist" view on capital and production. Using textual evidence, we argue that Böhm- Bawerk was a quasi-dogmatic follower of Menger in the description of capitalist economy as well as in the theory of value. In fact, Böhm-Bawerk tried to reconcile a pure theory of capital founded on a realistic vision of the time structure of production, with the theory of imputation of subjective values of consumer goods to capital goods. We show that, in doing so, Böhm-Bawerk reveals the basic contradictions of the Austrian methodology

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

Article provided by L'Harmattan in its journal Cahiers d'économie Politique.

Volume (Year): (2006)
Issue (Month): 51 ()
Pages: 157-176

in new window

Handle: RePEc:cpo:journl:y:2006:i:51:p:157-156
Contact details of provider: Web page:

Order Information: Postal: 142 rue du faubourg Saint-Martin. 75010 Paris, France.

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:cpo:journl:y:2006:i:51:p:157-156. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Carlos Andrés Vasco Correa)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.