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On the Manipulation of Money & Credit - Three Treatises on Trade-Cycle Theory (Paperback, annotated edition)
Loot Price: R249
Discovery Miles 2 490
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On the Manipulation of Money & Credit - Three Treatises on Trade-Cycle Theory (Paperback, annotated edition)
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List price R281
Loot Price R249
Discovery Miles 2 490
You Save R32 (11%)
Expected to ship within 12 - 17 working days
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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' 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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