# The Forgotten Austrian: Eugen von Böhm-Bawerk **URL:** **By** Paul Meany **Published:** November 12, 2024 --- Statesman and economist Eugen von Böhm-Bawerk remains one of Karl Marx’s most scathing critics. Born in 1851, Eugen von Böhm-Bawerk distinguished himself as an economist, writing on theories of capital and interest. His work, _Karl Marx and the Close of His System_, remains one of the most thorough rebuttals of the labor theory of value. But beyond his work as an economist, Eugen von Böhm-Bawerk put theory into practice as a statesman arguing against the rapid fiscal expansion of the Austrian state.