The Theory of Money and Credit

Descripción

445 pages. Index. Translator's Note. First English language edition, translated from the second (1924) German edition. "A detailed sophisticated explanation of the quantity theory of money based on the subjective, marginal utility theory. Explains money's origin, the development and nature of banking, the cause and consequences of inflation and credit expansion, the differences in the value of different moneys, as well as the reason for 'cyclical' economic fluctuations." (B2 Greaves & McGee). "In continental circles it has long been regarded as the standard textbook on the subject. I know few works which convey a more profound impression of the logical unity and the power of modern economic analysis." - Lionel Robbins in Hazlitt, The Free Man's Library. Black top stain. Bottom edge uncut. Above-average wear to black cloth exterior. Narrow opening between backstrip and back board. Quarter-inch missing from top of backstrip which bears bright gilt lettering. No external markings. Usual internal library markings. Minor quantity of light pencil marginalia and underlining to contents. A worthy reading copy of this classic work by the famed libertarian and prominent member of the Austrian School. Cohen 72, Greaves & McGee p.11, The Free Man's Library p.119-20.; 8vo - over 7¾" - 9¾" tall; The Theory of Money and Credit Economics Origin Fiat Currency Monetary Systems Capital Purchasing Power Wagner's Theory Weiser's Cost of Living Policy Etatsim Banking Fiduciary Media Interest Gold Standard Austrian School Liberterian. N° de ref. del artículo 324g4378

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