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 AP Faure - Bookboon
Money market has traditionally been defined as the market for short-term marketable debt instruments, such as commercial paper and treasury bills. It is more than this. It embraces all short-term lending and borrowing, marketable and non-marketable.
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.
by Ludwig von Mises - Ludwig von Mises Institute
The author presents his business cycle theory, applies it to the prevailing conditions, and discusses the policies that governments undertake that make recessions worse. He recommends a monetary reform that would provide a sustainable prosperity.
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.