Publisher's Synopsis
First published in English in 1934, this Routledge Revival is a reissue of Swedish economist Knut Wicksell's hugely influential work two volume work on political economy, a text which influenced a generation of economists. Designed to enlighten both the professional economist and the advanced student alike, volume I concerns itself predominiantly with issues of theory, specifically the theory of value, the theory of production and distribution and the theory of capital accumulation.