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LARGE PRINT EDITION More at LargePrintLiberty.com
While Mises' monetary writings should be required reading for any
educated citizen, it can be challenging to parse some of the
technical language. That is where Gary North comes in. In Mises on
Money, Dr. North lucidly explains all the essential tenets of
Mises' monetary theory, with his inimitable incisiveness and style.
He methodically walks the reader through such topics as the origin
of money, Mises' "regression theorem," fractional reserve banking,
and the Austrian Business Cycle Theory. He explains why money is
not "neutral," and why price stabilization is a chimera. After
reading this short work, you will have a firm understanding of
Austrian monetary theory, and will be in prime condition to tackle
Mises' own writings on the subject.
LARGE PRINT EDITION More at LargePrintLiberty.com
Lots of people are harassed routinely by ministers and other
believers who imagine that the Bible favors inflationary schemes,
bans the paying and receiving of interest, and requires a
government monopoly on money to fund glorious government projects
to help people. This book by Gary North answers those views with
chapter, verse, and an impressive account of the historical context
for the Bible's teachings on money, banking, commerce, and trade.
Who knew that the Bible had so much to say about the issues of
money and banking? The issue is a serious one because of the
important history here and also because the Bible is such a
foundational part of public understanding of every issue of public
life and morality. You can search the libraries for weeks and not
find a guide as good as Gary North's detailed account of every
mention of money and banking in both the Hebrew and Christian
Scriptures. What he finds underscores what the hard-money tradition
has long said. Governments engage in evil when they change the
definition of money. Inflation is a danger to the individual and
society. Governments that monopolize the monetary system are
abusing their power. Governments cannot be trusted with money.
That's the lesson.
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