1. Eugen von Böhm-Bawerk, Capital and Interest: A Critical History of Economical Theory, trans. William Smart (New
York: Brentanno’s, 1922) 338.
2. Ibid. 376.
3. Ibid. 379-80.
4. Ibid. 382-3; Eugen von Böhm-Bawerk, Karl Marx and the Close of His System (published in a single volume with
Rudolf Hilferding, Böhm-Bawerk’s Criticism of Marx) (New York: Augustus M. Kelley, 1945) 68-77.
5. Adam Smith, An Inquiry Into the Nature and Causes of the Wealth of Nations (Chicago, London, Toronto: Encyclopedia
Britannica, Inc., 1952) 10.
6. Ibid. 13-4.
7. Ibid. 14.
8. Maurice Dobb, Theories of Value and Distribution Since Adam Smith: Ideology and Economic Theory (Cambridge: Cambridge
University Press, 1973) 48.
9. Eric Roll, A History of Economic Thought, 3rd ed. (Englewood, N.J.: Prentice-Hall, Inc., 1956) 159.
10. David Ricardo, “Absolute Value and Exchangeable Value (A Rough Draft),” vol. 4 of Piero Sraffa ed., The
Works and Correspondence of David Ricardo (Cambridge: Cambridge University Press, 1951) 397.
11. James Buchanan, Cost and Choice: An Inquiry in Economic Theory, vol. 6 of Collected Works (Indianapolis:
Liberty Fund, 1999) 4.
12. Ludwig von Mises, Human Action (Chicago: Regnery, 1949, 1963, 1966) 32, 34, 38-40.
13. Ibid. 64.
14. Ibid. 867-8.
15. William Stanley Jevons, The Theory of Political Economy, 5th ed. (Kelley & Millman, Inc., 1957)
167.
16. Ibid. 168.
17. Ibid. 168-9.
18. Ibid. 172-4.
19. Alfred Marshall, Principles of Economics: An Introductory Volume, 8th ed. (New York: The MacMillan
Company, 1948) 330.
20. Ibid. 65.
21. Ibid. 65n.
22. Böhm-Bawerk, Capital and Interest 282-3.
23. Mises, Human Action 131-2.
24. Karl Marx and Friedrich Engels, Capital vol. 1, vol. 35 of Marx and Engels Collected Works (New York:
International Publishers, 1996) 56n; see also Marx, Grundrisse, vol. 28 of Marx and Engels Collected Works (New
York: International Publishers, 1986) 529-33.
25. Mises, Human Action 589-91.
26. Murray Rothbard, Man, Economy, and State: A Treatise on Economic Principles (Auburn University, Alabama: Ludwig
von Mises Institute, 1993) 38-9.
27. Ibid. 39.
28. Maurice Dobb, Political Economy and Capitalism: Some Essays in Economic Tradition, 2nd rev. ed. (London:
Routledge & Kegan Paul Ltd, 1940, 1960) 19-20.
29. See Buchanan’s Cost and Choice, op. cit., for an excellent historical survey of this line of thought.
30. Dobb, Political Economy and Capitalism 141-2.
31. Ibid. 147-8.
32. Ibid. 143n.
33. Ibid. 66.
34. Karl Marx and Friedrich Engels, Capital vol. 3, vol. 37 of Marx and Engels Collected Works (New York:
International Publishers, 1998) 811.
35. Ibid. 817.
36. Dobb, Theories of Value and Distribution 169.
37. Ibid. 33-4.
38. Ibid. 172-3.
39. Ibid. 175.
40. Dobb, Political Economy and Capitalism 49-50.
41. Ibid. 22.
42. Karl Marx, Theories of Surplus Value, vol. 32 of Marx and Engels Collected Works (New York: International
Publishers, 1989) 398.
43. Ibid. 450.
44. Ibid. 514.
45. Benjamin Tucker, “Shall the Transfer Papers Be Taxed?” Liberty August 18, 1888, in Benjamin Tucker,
Instead of a Book, By a Man Too Busy to Write One, Gordon Press Facsimile (New York: 1897/1973) 214.
46. Benjamin Tucker, “Should Labor Be Paid or Not?” Liberty April 28, 1888, in Tucker, Instead of
a Book 403.
47. Ronald Meek, Studies in the Labour Theory of Value, 2nd ed. (New York and London: Monthly Review
Press, 1956) 294-6.
48. R. H. Tawney, Religion and the Rise of Capitalism (New York: Harcourt, Brace and Company, Inc., 1926) 130-1.
49. Gary Elkin, Mutual Banking.
50. David Ricardo, Principles of Political Economy and Taxation, 3rd ed. (London: John Murray, Albemarle
Street, 1821), vol. 1 of Piero Sraffa, ed., The Works and Correspondence of David Ricardo (Cambridge: Cambridge University
Press, 1951) 20.
51. Karl Marx, The Poverty of Philosophy, vol. 6 of Marx and Engels Collected Works (New York: International
Publishers, 1976) 126.
52. Karl Marx, A Contribution to the Critique of Political Economy, vol. 29 of Marx and Engels Collected Works
(New York: International Publishers, 1987) 271-3.
53. Marx and Engels, Capital vol. 1: 54.
54. Böhm-Bawerk, Capital and Interest 384-5; see similar criticism in Böhm-Bawerk, Karl Marx and the Close of
His System, 80-5.
55. Smith, Wealth of Nations 14.
56. Ibid. 13.
57. Ibid. 20.
58. Ibid. 48-9.
59. “Bad Capitalists Good Entrepreneurs,” Message 3758 (July 24, 2000) LeftLibertarian@Yahoogroups.com. http://groups.yahoo.com/group/LeftLibertarian/message/3758
Captured August 4, 2004.
60. Thomas Hodgskin, Labour Defended Against the Claims of Capital (New York: Augustus M. Kelley, 1963 (1823)) 83-6.
61. Eduard Heimann, “Franz Oppenheimer’s Economic Ideas,” Social Research February 1949 34.
62. Franz Oppenheimer, “A Post Mortem on Cambridge Economics (Part I),” The American Journal of Economics
and Sociology 1942/43 373-4.
63. Dobb, Political Economy and Capitalism 13.
64. Meek, Studies in the Labour Theory of Value 246.
65. Dobb, Political Economy and Capitalism 140-1.
66. Ibid. 144n.
67. John-Baptiste Say, A Treatise on Political Economy, trans. C. R. Prinsep from 4th ed. (Philadelphia:
John Grigg, 1827) 14.
68. Ibid. 26.
69. Ibid. 237.
70. Ricardo, Principles of Political Economy and Taxation 285-7.
71. John Stuart Mill, Principles of Political Economy: With Some of Their Applications to Social Philosophy, vol.
2 of Collected Works of John Stuart Mill (Toronto: University of Toronto Press, 1965) 25.
72. Böhm-Bawerk, Capital and Interest 338.
73. Mill, Principles of Political Economy 29-30.
74. Ibid. 8.
75. Rothbard, Man, Economy, and State 307-8.
76. Böhm-Bawerk, Karl Marx and the Close of His System 115.
77. Ibid. 116.