Author

Eugen von Bohm-Bawerk

Austrian economist, three-time finance minister and professor at the University of Vienna

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Austrian School capital theoryKnown for

Eugen von Bohm-Bawerk was an Austrian economist and statesman, born in Brno in 1851. He worked in the Austrian Ministry of Finance, taught at the University of Innsbruck from 1881 and became professor there in 1884. He served as Austrian Minister of Finance briefly in 1895 and again from 1900 to 1904, and was a member of the upper chamber from 1899. In 1904 he took a chair at the University of Vienna and in 1911 became president of the Academy of Sciences. His major work is the three-volume Capital and Interest; in 1896 he published Karl Marx and the Close of His System, a critique of Marx's economics.

Born1851-1914 · Brno, Austrian Empire

Notable works Capital and InterestKarl Marx and the Close of His System

HonoursPresident of the Austrian Academy of Sciences (1911); his portrait appeared on the 100-schilling banknote