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THE THEORY OF MONEY AND CREDIT

Ludwig von Mises

 

Skyhorse Publishing, NYC., 2013, 493 pgs, index, footnotes, paperback - first published in 1934

 
 

Reviewer comment-
This is an important counter to the Keynesian theories of the nature of money. But it is an example of the standard use of deductive reasoning by developing a pure theoretical construct on the basis of a central axiom. But then Keynesian propositions are also based on pure theory.

 
 

Preface

 
 

Part One - The Nature of Money

 
 

Chapter 1 - The Functions of Money

 
 

Chapter II - On the Measurement of Value

 
 

Chapter III - The Various Kinds of Money

 
 

Chapter IV - Money and the State

 
 

Chapter V - Money as an Economic Good

 
 

Chapter VI - The Enemies of Money

 
 

Part Two The Value of Money

 
 

Chapter I - The Concept of the Value of Money

 
 

Chapter II - The Determinants of the Objective Exchange-Value or Purchasing Power, of Money

 
 

Chapter III - The Problem of the Existence of Local Differences in the Objective Exchange-value of Money

 
 

Chapter IV - The Exchange-ratio Between Money of Different Kinds

 
 

Chapter V - The Problem of Measuring the Objective Exchange-value of Money and Variations in it

 
 

Chapter VI -The Social Consequences of Variations in the Objective Exchange-value of Money

 
 

Chapter VII - Monetary Policy

 
 

Chapter VIII - The Monetary Policy of Etaism

 
 

Part Three Money amd Bankimg

 
 

Chapter I - The Business of Banking

 
 

Chapter II - The Evolution of Fiduciary Media

 
 

Chapter III - Fiduciary Media and the Demand for Money

 
 

Chapter IV - The Redemption of Fiduciary Media

 
 

Chapter V - Money, Credit, and Interest

 
 

Chapter VI - Problems of Credit Policy

 
 

Part Four Monetary Reconstruction

 
 

Chapter I - The Principle of Sound Money

 
 

Chapter II - Contemporary Currency Systems

 
 

Chapter III The Return to Sound Money

 
 

Appendix A On the Clarification of Monetary Theories

 

Return to Xenophon.