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.
Ludwig von Mises (1881-1973) was the leading spokesman of the Austrian School of economics throughout most of the twentieth century.
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Book Description Hardcover. Condition: new. Seller Inventory # 9780913966709
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Book Description Hardcover. Condition: new. Hardcover. 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." 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." Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780913966709
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Book Description Condition: New. 1981. 5th. Hardcover. Translator(s): Batson, H.E. Num Pages: 544 pages, index. BIC Classification: KCA; KCBM. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 238 x 160 x 41. Weight in Grams: 1054. . . . . . Seller Inventory # V9780913966709
Book Description Condition: New. 1981. 5th. Hardcover. Translator(s): Batson, H.E. Num Pages: 544 pages, index. BIC Classification: KCA; KCBM. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 238 x 160 x 41. Weight in Grams: 1054. . . . . . Books ship from the US and Ireland. Seller Inventory # V9780913966709