Eugen von Böhm-Bawerk's "Interest Theory of 1876"

To our knowledge, this is the first English translation of Eugen von Böhm-Bawerk’s seminar paper of 1876. Böhm-Bawerk apparently thought his 1876 seminar paper had some significance. Still, he chose not to publish it during his lifetime. This is understandable given that _Capital and Interest_ was available, but it is more difficult to understand why it was not published after his death in 1914. This English translation draws from three sources in German: (1) the original handwritten seminar paper located in the Hayek Library at the University of Salzburg; (2) a transcription from the Ludwig von Mises Collection in the Grove City College Archives; and (3) a transcription published by Kiichiro Yagi in March 1983.