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Chapter Two Notes
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NOTES

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.