ENGLISH

Mises on Money

By Gary North

Book information

Publisher
Ludwig Von Mises Institute
Year
2012
Language
english
Format
EPUB
Filesize
316 kB (323700 bytes)
Pages
114\0
Time added
2012-06-18 04:12:31

Description

In summarizing Mises's theory of money, author Gary North draws heavily on the two major works that dealt with monetary theory and written by Ludwig von Mises himself, The Theory of Money and Credit and Human Action, plus a few minor books. North covers five themes: the definition of money; the optimum quantity of money, and how to achieve it; the myth of neutral money and its corollary, stable prices; fractional reserve banking, and how to inhibit it; and the monetary theory of the business cycle. They are closely interrelated. Mises's system was a system of highly intellectual concepts, from which one could gain great intellectual knowledge.

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