The theory of money and credit
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The theory of money and credit

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Published by J. Cape in London .
Written in English

Subjects:

  • Money.

Book details:

Edition Notes

Statementby Ludwig von Mises. Translated from the German by H. E. Batson.
SeriesThe Bedford series of economic handbooks
ContributionsBatson, Harold Edward, translator.
Classifications
LC ClassificationsHG221 .V652
The Physical Object
Pagination445 p.
Number of Pages445
ID Numbers
Open LibraryOL6318547M
LC Control Number35005577
OCLC/WorldCa1954585

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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/5.   This classic treatise on monetary theory remains the definitive book on the foundations of monetary theory, and the first really great integration of microeconomics and macroeconomics. As Rothbard points out in his introduction to "the best book on money ever written," economists have yet to absorb all its by: 3. This book is a milestone on economics, a high intellectual debate on monetary theories and business cycles. The currency school vs banking school debate is the cornerstone of Mises theory in which He expound banks expansion of credit through the discount of bills and not merely by government inflation, He develops a new non mathematical treatment of economics based on Franz Cuhel theory, and 10/10(1). 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.

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 Only a .   The Theory of Money and Credit is the foundation of modern Austrian Economics. The central contribution of this book is its application of marginal utility theory to money. Mises takes a micro-analytic approach to money that differs from the Hume-Fischer-Friedman Quantity Theory significantly. Of course there is some truth in the Quantity by: In , 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. 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. -- Publisher description.

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 by: The Theory of Money and Credit. By: and it remains the definitive book on the foundations of monetary theory. As Rothbard points out in his introduction to "the best book on money ever written," economists have yet to absorb all its lessons. Most of all, Mises's book teaches the theory of money, and with Professor Murphy's guide, you will understand where money comes from, what it does, how it is managed in a market, and what government does to destroy it. Most people agree that this was not only a great book but perhaps the greatest monetary treatise ever written.8/10(1). For example, if a ten-rupee note circulates through 10 individuals, then the quantity of money would be , but not (b) Credit instruments: Help in increasing the quantity of money. An increase in the use of credit instruments, such as bank cheques and book credit, would lead to an increase in the quantity of money. (c) Barter system.