The Theory of Money and Credit

The Theory of Money and Credit
- Used Book in Good Condition
â€œIt is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments.â€ â€“ from The Theory of Money and Credit

Originally published in 1912, Ludwig von Misesâ€™s The Theory of Money and Credit remains today one of economic theoryâ€™s most influential and controversial treatises. Von Misesâ€™s examination into monetary theory changed forever the world of economic thought when he successfully integrated â€œmacroeconomicsâ€ into â€œmicroeconomicsâ€ â€”previously deemed an impossible task â€”as well as offering explanations into the origin, value and future of money.

One hundred years later, von Mises and the Austrian school of economic theory are still fiercely debated by world economists in their search for the solution to Americaâ€™s current financial crisis. His theorems continue to inspire politicians and market experts who aim to raise up the common man and reduce the financial power of governments. In a preface added in 1952, von Mises urges the people of the world to see economic truth:

â€œThe great inflations of our age are not acts of God. They are man-made or, to say it bluntly, government-made. They are the off-shoots of doctrines that ascribe to governments the magic power of creating wealth out of nothing and of making people happy by raising the â€˜national income.â€™â€

â€œThe best book on money ever written.â€ â€”Murray Rothbard, economist and historian

â€œThe greatest economist of the twentieth century.â€ â€”Sandeep Jaitly, economist
Country USA
Brand Skyhorse
Manufacturer Skyhorse
Binding Paperback
ReleaseDate 2013-08-01
UnitCount 1
EANs 9781620871614

Country	USA
Brand	Skyhorse
Manufacturer	Skyhorse
Binding	Paperback
ReleaseDate	2013-08-01
UnitCount	1
EANs	9781620871614

The Theory of Money and Credit

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