The Theory of Money and Credit
by Ludwig von Mises
Publisher: Yale University Press 1953
Number of pages: 498
This classic treatise on monetary theory remains the definitive integration of microeconomics and macroeconomics. First published in 1912-and remaining in print since that time-it catapulted Mises into the ranks of Europe's most respected economists. Rothbard aptly describes it as "the best book on money ever written," economists have yet to absorb all its lessons. 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.
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by Joseph T. Salerno - Ludwig von Mises Institute
Salerno uses the Mises/Rothbard theory of money to reinterpret historical episodes, reevaluate the history of thought, closely examine the Federal Reserve policy, and clarify the relationship between the state and the central bank.
by Philipp Bagus - Ludwig von Mises Institute
Professor Bagus explains the background to the idea of European unity and its heritage of sound money. He explains that the Euro is not what the older liberals had hoped for but instead is a politically managed money that is destined for failure.
by Joseph Huber, James Robertson - New Economics Foundation
In the information age, money has mainly become information, electronically stored and transmitted. The authors propose a simple reform of monetary policies, and spell out its practicalities step-by-step. The arguments for it are very strong.
by Murray N. Rothbard - Ludwig von Mises Institute
Rothbard's famous monetary essay has influenced two generations of economists and business professionals. After presenting the basics of money and banking theory, the author traces the decline of the dollar from the 18th century to the present.