· The Theory of Money and Credit. By Ludwig Mises. Ludwig von Mises () first published. The Theory of Money and Credit in German, in The edition presented here is that published by Liberty Fund in , which was translated from the German by H. E. Batson originally in , with additions in Ludwig von Mises () first published The Theory of Money and Credit in German, in The edition presented here is that published by Liberty Fund in , which was translated from the German by H. E. Batson originally in , with additions in We are . Mises's writings and lectures encompassed economic theory, history, epistemology, government, and political philosophy. His contributions to economic theory include important clarifications on the quantity theory of money, the theory of the trade cycle, the integration of monetary theory with economic theory in general, and a demonstration that socialism must fail because it cannot solve the problem of .
Mises's treatise on monetary theory remains the definitive book on the foundations of monetary theory. In a step-by-step manner, Mises presents the case for sound money with no inflation, and presents the beginnings of a full-scale business cycle theory. Narrated by Jim Vann. The Theory of Money and Credit, by Ludwig von Mises, contains an explanation of the quantity theory of money based on the subjective, marginal utility theory. It describes the origin of money, the development and nature of banking, the cause and consequences of inflation and credit expansion, the differences in the value of different moneys. The Theory of Money and Credit is an economics book written by Ludwig von Mises, originally published in German as Theorie des Geldes und der Umlaufsmittel in Along with Carl Menger's Principles of Economics, and Eugen von Bohm-Bawerk's Capital and Interest, this work was a major contribution to economic theory.
THE THEORY OF MONEY AND CREDIT New edition, enlarged with an essay on Monetary Reconstruction BY LUDWIG VON MISES Translated from the German by H. E. Batson The Foundation for Economic Education, Inc. Irvington-on-Hudson, New York Mises's writings and lectures encompassed economic theory, history, epistemology, government, and political philosophy. His contributions to economic theory include important clarifications on the quantity theory of money, the theory of the trade cycle, the integration of monetary theory with economic theory in general, and a demonstration that socialism must fail because it cannot solve the problem of economic calculation. Originally published in , Ludwig von Mises’s The Theory of Money and Credit remains today one of economic theory’s most influential and controversial treatises. Von Mises’s examination into monetary theory changed forever the world of economic thought when he successfully integrated “macroeconomics” into “microeconomics” —previously deemed an impossible task —as well as offering explanations into the origin, value and future of money.
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