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[The review of lampoon it Die Theorie der Kapitalbildung, published in

Series Recht und Staat in Geschichte und Gegenwart: Eine Sammlung von Vortage

und Schriften aus dem Gebiet der gesamten Staatswissenschaften, no. 63

(Tubingen: J.C.B. Mohr (Paul Siebeck), 1929). The review has been published in

Zeitschrift fur Nationalokonomie, vol. 1, no. 3, 1929, pp. 474 - 475. - it.

In the reviewed book belonging to a known series, lecture is published, Read by Wilhelm it in Natioanlokonomischen Gesellschaft (Economic company) Vienna and accepted by public with a great interest. With

Usual for it clearness and simplicity of an exposition the author gives the excellent review

At all importance these questions were ignored before. In Introduction it Justifies quite defensible necessity to distinguish the form

Which can be divided on: savings, formation of the venture capital ("Self-financing"), and two sources of "compulsory formation of the capital" -- Through measures of a fiscal policy and through the monetary policy.

Which should be taken today to heart: savings in narrow sense Words on the former represent not only main, but also is unique

Indisputable source of formation of the capital. It is represented to me that it

The monetary policy which he as it is represented to me also incorrectly, considers

Effective only when creation of credit money conducts to growth

The prices though it is obvious that each injection of new credits for the sake of increase

Productions are raised temporarily by demand for the productive blessings rather

Demand for the consumer blessings so involves capital growth. Then it in very instructive image analyzes the separate reasons, Influencing size of savings, distinguishing thus between desire To save up and possibility to save up that allows it to avoid the frequent

Messes. (The diagramme given to it illustrating mutual relations between these

Two factors, could be clearer in case of introduction of the third

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