Written in English
The Theory of Money and Credit is a economics book written by Ludwig von Mises, originally published in German as Theorie des Geldes und der Umlaufsmittel. In it Mises expounds on his theory of the origins of money through his regression theorem, which is based on logical argumentation. It is one of the foundational works of the Misean branch of the Austrian School of Cited by: The State Theory of Money is one of the books to read if one desires to have a better understanding of money. Knapp uses complex expressions, neologisms of Greek origin, but once those are overcome, what we are left with is a theory that remains as valid today as it was at the time of its writing ()/5. The book addresses topical issues including Hayek's proposal to denationalize money as well as theoretical issues, such as the search for the microfoundations of monetary theory. This is an important, up-to-date survey of recent developments in monetary theory. Reviewed by Peter Mikek, Associate Professor, Wabash College on 12/22/ Comprehensiveness rating: 5 see less. This is a great book for any student that is exposed to questions of money and banking for the first book is certainly comprehensive in covering most of the money and banking topics, reaching a bit into macroeconomics and international finance.
ADVERTISEMENTS: Value of money is a term that is necessary to be understood to get acquainted with the theories of money. In economics, different economists have defined the term value of money differently. Some of the economists explained value of money as the value of gold and silver in terms of their weight and fineness. [ ]. According to the quantity theory of money, the general price level of goods and services is proportional to the money supply in an economy. While this theory . In this book I have tried to give a short but complete exposition of the theory of money on a narrow interpretation of that field. I have treated the analysis of aggregate demand as being outside the scope of my subject and simply used the basic model as a framework into which to fit the monetary analysis. Similarly I have not attempted to deal with institutional factors but have confined myself to an analysis . In this book, Sir John Hicks draws together the common threads of over 50 years' writing on monetary economics into a succint statement of the fundamentals of monetary by:
This book provides a contemporary assessment of Marx's theory of money. This theory is often praised as one of Marx's greatest achievements, especially when compared with either classical or neoclassical economics. In this article we will discuss about the quantity theory of money by Friedman. Friedman in his essay, “The Quantity Theory of Money—A Restatement” published in beautifully restated the old quantity theory of money. In his restatement he says that “money does matter”. Book Review: The General Theory of Employment, Interest and Money by John M. Keynes. A turning point in economic history. 88 EBook Plurilingua Publishing The General Theory of Employment, Interest and Money is a highly significant work that marked a turning point in the development of modern economic theory In The General Theory of Employment, Interest and Money, . This landmark book changed that for good. The Theory of Money and Credit 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 and bringing Mises into the front rank of European economists. -- Publisher description.