In 1912, when Mises, at age thirty-one, wrote this landmark book, no monetary theory could be described as both securely founded on economic reality and properly incorporated into an analysis of the entire economic system. "The Theory of Money and Credit" opened new vistas. It integrated monetary theory into the main body of economic analysis for the first time, providing fresh new insights into the nature of money and its role in the economy. As the well-known "Austrian" economist Rothbard writes in his new foreword: "This book performed the mighty feat of integrating monetary with micro theory, of building monetary theory upon the individualistic foundations of general economic analysis."
- ISBN10 0913966711
- ISBN13 9780913966716
- Publish Date 1 January 1981
- Publish Status Active
- Publish Country US
- Imprint Liberty Fund Inc
- Edition 5th Revised edition
- Format Paperback
- Pages 544
- Language English