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Economics - The Theory of Money and Credit

Description

Book Synopsis: “It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments.” – from The Theory of Money and Credit

Originally published in 1912, Ludwig von Mises’s The Theory of Money and Credit remains today one of economic theory’s most influential and controversial treatises. Von Mises’s examination into monetary theory changed forever the world of economic thought when he successfully integrated “macroeconomics” into “microeconomics” —previously deemed an impossible task —as well as offering explanations into the origin, value and future of money.

One hundred years later, von Mises and the Austrian school of economic theory are still fiercely debated by world economists in their search for the solution to America’s current financial crisis. His theorems continue to inspire politicians and market experts who aim to raise up the common man and reduce the financial power of governments. In a preface added in 1952, von Mises urges the people of the world to see economic truth:

“The great inflations of our age are not acts of God. They are man-made or, to say it bluntly, government-made. They are the off-shoots of doctrines that ascribe to governments the magic power of creating wealth out of nothing and of making people happy by raising the ‘national income.’”

“The best book on money ever written.” —Murray Rothbard, economist and historian

“The greatest economist of the twentieth century.” —Sandeep Jaitly, economist

Details

Looking for an insightful read that will unlock the secrets of the financial world? Look no further than "The Theory of Money and Credit." This groundbreaking book will change the way you think about money and its influence on our society. With its in-depth analysis and thought-provoking arguments, it's no wonder that this book is considered a classic in economics. Whether you're a finance professional or simply curious about the workings of our monetary system, "The Theory of Money and Credit" is a must-have addition to your library.

Not only does "The Theory of Money and Credit" provide a comprehensive overview of the economic theories related to money, but it also delves into the history and evolution of our financial systems. By understanding the intricacies of money, you'll gain a deeper insight into the world of finance and investments. This knowledge can be invaluable in making informed decisions that can positively impact your wealth and financial well-being.

One of the greatest strengths of "The Theory of Money and Credit" is its ability to break down complex economic concepts into easily digestible explanations. Unlike other dense economic textbooks, this book is accessible to readers of all backgrounds. No matter if you're a novice or a seasoned economist, you'll find the concepts presented in a clear and engaging manner.

Now is the perfect time to expand your financial literacy and gain a competitive edge. With "The Theory of Money and Credit" as your guide, you'll be equipped with the knowledge to navigate the financial landscape confidently. Don't miss out on this opportunity to enhance your understanding of money and its role in shaping our economic system. Visit our website here to add this remarkable book to your collection today.

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