On the Manipulation of Money and Credit: Three Treatises on Trade-Cycle Theory (Liberty Fund Library of the Works of Ludwig von Mises)

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by Ludwig Von Mises

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The three treatises in On the Manipulation of Money and Credit were written in German between 1923 and 1931. Together they include some of Mises’s most important contributions to monetary and trade-cycle theories and constitute a precursor to Mises’s major work, Human Action . Ludwig von Mises (1881–1973) was the leading spokesman of the Austrian School of economics throughout most of the twentieth century. Bettina Bien Greaves is a former resident scholar and trustee of the Foundation for Economic Education and was a senior staff member at FEE from 1951 to 1999. Written between 1923 and 1946, the five essays in this collection examine the stabilization of the monetary unit and the causes of the German economic crisis after World War I. The superiority of the gold standard is a common theme. Bettina Bien Greaves translated the German essays in 1978 for their initial English publication by Free Market Books. Book News, Inc. October 2011 Mises's book is classic Mises. The writing is crisp and very straightforward. The conclusions, while deviating significantly from the Keynesian consensus reflect the consistent and persistent application of classical political economy and the early neoclassical theory of value and price to the area of money and credit and the economic analysis of crises. It is a work that should be read by economists who have an interest in the history of twentieth-century economic thought, as well as those who would like to get a readable introduction to the pre-Keynesian perspective on the theory and policy associated with the microeconomic analytics of macroeconomic disturbances. Peter J. Boettke History of Economic Thought and Policy/ 2-2012 . . . . Throughout the book Mises alternates between explanations of economic theory and demonstrating the results in practice. He takes the reader through the philosophical arguments and rhetorical tricks of the Marxists and shows the results of such policies. He covers the collaspe of the Weimar Republic, how anti-Semitism was hitched to etatism and economic justifications, the rise of National Socialism, the results of central planning, and even how monetary systems and gold standard play into the operation world economies www.whatwouldthefoundersthink.com August 2011 Used Book in Good Condition

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