In 1912, when Mises, at age thirty-one, wrote this landmark book, no monetary theory could be described as both securely founded on economic reality and properly incorporated into an analysis of the entire economic system. The Theory of Money and Credit opened new vistas. It integrated monetary theory into the main body of economic analysis for the first time, providing fresh new insights into the nature of money and its role in the economy. As the well-known Austrian economist Rothbard writes in his new foreword: This book performed the mighty feat of integrating monetary with micro theory,...
In 1912, when Mises, at age thirty-one, wrote this landmark book, no monetary theory could be described as both securely founded on economic reality a...
First published in German in 1933 and in English in 1960, 'Epistemological Problems of Economics' presents Ludwig von Misess views on the logical and epistemological features of social interpretation as well as his argument that the Austrian theory of value is the core element of a general theory of human behaviour that transcends traditional limitations of economic science."
First published in German in 1933 and in English in 1960, 'Epistemological Problems of Economics' presents Ludwig von Misess views on the logical and ...