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 Ron Paul - Ludwig von Mises Institute
Ron Paul explains why sound money means a new gold standard. The monograph is written in the clearest possible terms with the goal of explaining the basics of paper money and its effects of inflation, business cycles, and government growth.
- 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.
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The seven essays in the monograph 'Risk Aversion and Portfolio Choice' have both normative applications, as pieces of advice to investors, and positive implications, as descriptions of the economy. They are partly theoretical and partly empirical.
by James A. Dorn (ed.) - Cato Institute
The essays in this book consider the implications of the information revolution for financial innovation and the future of money; the regulatory climate; the impact of e-money on taxation and monetary policy; the problem of maintaining privacy; etc.