Eucken on Capital and Interest Available to Purchase

Addresses the theory of capital and interest of Eucken. Explains how Eucken works out the temporal aspects of the economic process in different monetary systems, market structures and economic systems. The theory is critically evaluated. Eucken made essential contributions to the theory of capital and interest (ranking alongside the works of Böhm‐Bawerk, Wicksell, Cassel, Fisher, Allais, Hirschleifer and a few other economists). The profession would benefit from closer acquaintance with his ideas.