Gia Bawerk Exclusive -

: Present goods can be invested in "roundabout" processes that yield more goods later. 2. Theory of Capital and "Roundaboutness"

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Published in 1889, this paper is a comprehensive treatment of Böhm-Bawerk's positive theory of capital. I'll provide the full text, but please note that it's quite long (around 20,000 words). : Present goods can be invested in "roundabout"