Money, Bank Credit, and Economic Cycles
by Jesús Huerta de Soto
Publisher: Ludwig von Mises Institute 2006
Number of pages: 906
Can the market fully manage the money and banking sector? Jesús Huerta de Soto, professor of economics at the Universidad Rey Juan Carlos, Madrid, has made history with this mammoth and exciting treatise that it has and can again, without inflation, without business cycles, and without the economic instability that has characterized the age of government control.
Home page url
Download or read it online for free here:
- Federal Reserve
This booklet describes the basic process of money creation in a fractional reserve banking system. The approach taken illustrates the changes in bank balance sheets that occur when deposits in banks change as a result of monetary action.
by F. A. Hayek - Coronet Books
The author argues that the government monopoly of money must be abolished to stop recurring periods of inflation and deflation. Abolition is also the cure for the recurring waves of unemployment and depression attributed to 'capitalism'.
by Ludwig von Mises - Yale University Press
Mises shows how money had its origin in the market, and how its value is based on its usefulness as a commodity in exchange. Mises presents the case for sound money with no inflation, and presents the beginnings of a full-scale business cycle theory.
by Ron Paul - Ludwig von Mises Institute
The book covers the history of gold in the US, explains that its breakdown was caused by governments, and explains the merit of having sound money: prices reflect market realities, government stays in check, and the people retain their freedom.