Ludwig Von Mises, On the Manipulation of Money and Credit: Three Treatises on Trade-Cycle Theory, Transl. by Bettina Bien Greaves, Ed. by Percy L. Greaves, Indianapolis (Book Review)
History of Economic Thought and Policy, Vol. 2, p. 173, 2012
4 Pages Posted: 6 Feb 2013
Date Written: February 2, 2012
During the interwar years in the first half of the twentieth century, Ludwig von Mises emerged as one of the leading economic thinkers in Continental Europe. Though a general economic theorist, Mises’s main contributions early in his career were in the field of monetary theory, monetary policy, and the business cycle. Prior to World War I, Mises had already published his treatise in the field, The Theory of Money and Credit (1912), which sought to integrate the teachings from value and price theory into monetary theory. In doing so, Mises built on the work of Swedish economist Knut Wicksell to construct a price theoretic explanation of the disturbances within an economic system that can result from the manipulation of money and credit.
Keywords: Book Review, Mises, Trade-Cycle Theory
JEL Classification: B21, B00, B12, B31
Suggested Citation: Suggested Citation