ENGLISH

The Stock Market, Credit, and Capital Formation

By Fritz Machlup

Book information

Publisher
Ludwig Von Mises Institute
Year
2007
ISBN
9781610163354
ASIN
B000XGAFS8
Google Books ID
LjeLzbc9GiYC
Language
english
Format
PDF
Filesize
17 MB (17655354 bytes)
Pages
430\430
Time added
2014-06-29 19:00:00

Description

Economist Fritz Machlup was an early Misesian who wrote this book as an early study in the workings of the business cycle. In particular, he investigates and explains the relationship between expanding credit, monetary policy, and rising stock prices. The German edition was written in 1929 and published in 1930, and proved prophetic in every way. The English edition came out in 1940, with some revisions. It remains the most thorough analysis of stock-market bubbles from the point of view of the Austrian School. It demonstrates that the business cycle can and does affect stock markets and in unusual ways. 428 page paperback. Product Details: 430 pages, 6" x 9", paperback** [C:\Users\Microsoft\Documents\Calibre Library]

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