Quarterly Journal of Austrian Economics
Author:
Eugen von Böhm-Bawerk
Online Publish Date:
Volume. 5, No. 1 (Summer 2002) The times are past in which one could naively teach the cost theory without getting involved in more precise explanations concerning in particular the origin of the value of the cost goods itself and the laws determining its magnitude. Whoever begins, however, really to explain, instead of merely assert, will