Bohm bawerk biography sample
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The Life and Works of Böhm-Bawerk
Tags:History of the Austrian School of Economics,Biographies
Eugen von Böhm-Bawerk was an economist, lawyer, finance minister, teacher, and a founding figure of the Austrian School of economics. Born in in the city of Brno in the Austro-Hungarian Empire, Böhm-Bawerk was initially trained as a lawyer at the University of Vienna. During his education, he first read Menger&#;s Principles of Economics and it immediately transformed him into an economist. Although he never studied economics under Menger directly, he quickly became an adherent of his work. He also became friends with Friedrich von Wieser, another founding figure of the Austrian School, at the University of Vienna. Wieser would later become Böhm-Bawerk&#;s brother-in-law.
In the early s, Böhm-Bawerk gained employment at the Austrian ministry of finance, where he held various positions within the ministry. Though his current occupation would prove short-lived and une
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Eugen Böhm von Bawerk: Economist, Minister, Aristocrat
Tags:History of the Austrian School of Economics,Biographies
[This article is excerpted from The Austrian School of Economics: A History of Its Ideas, Ambassadors, and Institutions (). An MP3 audio file of this article, narrated by Paul Strikwerda, is available for download.]
In Austria, hardly any other economist has achieved the same kind of fame as Böhm-Bawerk. And with no other have such bred sections of the population komma into contact, admittedly in an altogether trivial sense: his portrait adorned the hundred-Schilling note that was in circulation from to Eugen von Böhm-Bawerk was in many respects considered an undantag in professional circles, too: he was one of the most quoted economists of his time, earned an excellent reputation internationally, taught on the largest lag faculty in the world, and more than once occupied the office of finance minister of a major European power. Along with Carl Me
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Böhm-Bawerk, Eugen Von
WORKS BY BÖHM-BAWERK
SUPPLEMENTARY BIBLIOGRAPHY
Eugen von Böhm-Bawerk (–) was an Austrian minister of public finance, a teacher at the University of Vienna, and an economic theorist. As a leading civil servant, he participated in the introduction of gold currency and in the elimination of the sugar subsidy (this latter in ). In , when the increased financial demands of the Austrian army endangered the balancing of the budget, he resigned as minister of public finance and returned as a professor to the University of Vienna. In the field of economic theory, he was important as a critic and a systematic thinker. Of his critical papers, the best is his attack on Marxian value theory.
The publication of his three-volume Capital andInterest (–) established Böhm-Bawerk’s vast reputation among his contemporaries. Indeed, he was considerably overrated during his lifetime, but today he is insufficiently appreciated. Until about , American economists compared hi