The Theory of Money and Credit

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Overview

In 1912, when Mises, at age thirty-one, wrote this landmark book, no monetary theory could be described as both securely founded on economic reality and properly incorporated into an analysis of the entire economic system.

The Theory of Money and Credit opened new vistas. It 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. As the well-known "Austrian" economist Rothbard writes in his new foreword: "This book performed the mighty feat of integrating monetary with micro theory, of building monetary theory upon the individualistic foundations of general economic analysis."

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Product Details

  • ISBN-13: 9781612931098
  • Publisher: Tribeca Books
  • Publication date: 10/16/2011
  • Pages: 226
  • Sales rank: 832,350
  • Product dimensions: 8.00 (w) x 10.00 (h) x 0.48 (d)

Meet the Author

Professor Ludwig von Mises was a founder of the Austrian school of economics. His ideas and theory has influenced policy makers and economists for decades.
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Customer Reviews

Average Rating 4.5
( 6 )
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Sort by: Showing all of 2 Customer Reviews
  • Posted March 8, 2011

    more from this reviewer

    Classic treatise on money; cogent argument for the gold standard

    While I found this book very interesting, the real "pay-off" is in the final 3 or 4 chapers where Mises summarizes the arguments for the gold-standard and, most importantly, the inevitable effects of government-issued fiduciary media (non-asset-backed money).

    This book will demonstrate that principled thinking and rational analyses of historical episodes lead to practical obersvations that appear uncannily predictive of what is happening right now -- even though this book was written over 50 years ago.

    4 out of 5 people found this review helpful.

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  • Anonymous

    Posted July 29, 2011

    No text was provided for this review.

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