Description
The book is a cornerstone work of economic theory that deals with the complex relationship between money, credit, and their influence on the economy. Mises examines the origin of money, its functions in economic transactions, and the key role that credit plays in shaping market dynamics. From the perspective of the Austrian School of Economics, Mises presents a comprehensive analysis of how monetary policy, especially that conducted by central banks, affects economic cycles. He advocates for the superiority of the free market and warns against excessive state intervention in monetary systems. By emphasizing the consequences of market interventions and highlighting the natural order of economic mechanisms, this book serves as a foundational stone in discussions regarding money, credit, and economic regulation.
Information
Author: von Mises Ludwig
Publication date: December 10, 2024
Manufacturer: GRADA Publishing, a. s.
Genres: Economics, Books, Specialized and technical literature, Social sciences, Economics, Business, Management and marketing, Finance and investing
Type: Hardcover books
Pages: 448
ISBN/EAN: 9788086389769