What is the personality type of Eugen von Böhm-Bawerk? Which MBTI personality type best fits? Personality type for Eugen von Böhm-Bawerk from Economics and what is the personality traits.
Eugen von Böhm-Bawerk personality type is INTJ, which is a rare type. The INTJ personality type is most commonly associated with the professions of researcher, engineer, scientist, and mathematician, and with people in charge of research and development in these fields. The INTJ personality type is associated with a natural ability to think rationally and logically, and with a strong sense of personal integrity and independence. In addition, the INTJ personality type is usually characterized by a need for privacy and by a strong adherence to personal beliefs.
In his work "The Positive Theory of Capital," published in the Journal of Political Economy in 1899, Böhm-Bawerk outlined a positive theory of capital that in many ways came to replace the traditional Marxian labor theory of value. The traditional Marxian labor theory of value was based on the labor theory of value that Karl Marx developed in his 1867 book "Das Kapital". According to Marx's labor theory of value, the value of individual commodities was determined by the amount of labor that went into their production. If the amount of labor used to produce a commodity was less than its value, then it would be said that the commodity has a negative value.
Eugen Ritter von Böhm-Bawerk (German: [bøːm ˈbaːvɛʁk]; born Eugen Böhm, 12 February 1851 – 27 August 1914) was an Austrian economist who made important contributions to the development of the Austrian School of Economics. He served intermittently as the Austrian Minister of Finance between 1895 and 1904. He also wrote a series of extensive critiques of Marxism.