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On the Manipulation of Money & Credit : Three Treatises on Trade-Cycle Theory

By: Ludwig von Mises (Author) , Bettina Bien Greaves (Translated by)

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Ksh 4,000.00

Format: Hardback or Cased Book

ISBN-10: 0865977615

ISBN-13: 9780865977617

Publisher: Liberty Fund Inc

Imprint: Liberty Fund Inc

Country of Manufacture: US

Country of Publication: GB

Publication Date: Nov 8th, 2011

Publication Status: Active

Product extent: 202 Pages

Weight: 506.00 grams

Dimensions (height x width x thickness): 15.90 x 23.60 x 2.00 cms

Product Classification / Subject(s): Monetary economics

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Published by Liberty Fund for the first time in English, "On the Manipulation of Money and Credit" consists primarily of three pieces on monetary theory written by Ludwig von Mises between 1923 and 1931. As a precursor to Human Action, Mises''s magnum opus, this volume includes some of his most important contributions to trade-cycle theory. The first essay, "Stabilization of the Monetary Unit from the Viewpoint of Theory" written in 1923 during a period of German hyperinflation, discusses the consequences of the fluctuating purchasing power of paper money and explores such ideas as the outcome of inflation, that is, the result of the increase in the amount of money, and an emancipation of monetary value from the influence of government. Written in 1928, the second essay, "Monetary Stabilization and Cyclical Policy" critiques schemes for stabilising prices and for "measuring" purchasing power. The third selection is a speech Mises gave in 1931, "The Causes of the Economic Crisis". It explores the nature and role of the market and cyclical changes in business conditions.

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