Karl Baedeker died, the "Pall Mall Gazette" described a Baedeker guidebook as being "singularly accurate", and in the English version of Jacques Offenbach's musical "La Vie parisienne" this memorable lyric rings out: "Kings and governments may err / But never Mr. Baedeker." Towards the end of his life, Baedeker told friends that he regretted not having accomplished more in his life and wondered whether his work would survive. Little did he know that the name Baedeker would one day become a synonym for a travel guide, whatever its provenance, and that Verlag Karl Baedeker, which still exists and continues to bear his
Karl Marx and the Close of His System Karl Marx and the Close of His System Karl Marx and the Close of His System () is a critique of Karl Marx's economic theories by the Austrian economist Eugen Böhm von Bawerk, published in English translation in 1898. Böhm von Bawerk's work first appeared in 1896, in "Staatswissenschaftliche Arbeitern: Festgaben für Karl Knies", a collection of essays in honor of the German economist Karl Knies. It was published as a separate work later in 1896, and appeared in Russian translation in 1897 and in English translation in 1898. Bawerk provides a critique of Marx's "Capital". Examining Marx's theory of