The Theory of Money and Credit

Cover Art for 9781607964346, The Theory of Money and Credit by Ludwig Von Mises
ISBN: 9781607964346
Publisher: WWW.SNOWBALLPUBLISHING.COM 01/05/2013
Published: 1 April, 2012
Format: Paperback
Language: English
Editions:
10 other editions of this product
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When Ludwig von Mises wrote The Theory of Money and Credit at the age of thirty-one, the world of economic thought was full of contending monetary theories, none of which could be considered truly united, in the sense of being at once securely founded on economic reality and also properly incorporated into an analysis of the entire economic system. This landmark book changed that for good. The Theory of Money and Credit integrated monetary theory into the main body of economic analysis for the first time, providing fresh, new insights into the nature of money and its role in the economy and bringing Mises into the front rank of European economists. The Theory of Money and Credit also presented a new monetary theory of the trade cycle, which, under further development by Mises's student Nobel Laureate F. A. Hayek, came to challenge all previous trade-cycle theories.

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