Money, Bank Credit, and Economic Cycles High quality books
Money, Bank Credit, and Economic Cycles
By:Jesús Huerta de Soto
Published on 2009 by Ludwig von Mises Institute
Can the market fully manage the money and banking sector? Jesus Huerta de Soto, professor of economics at the Universidad Rey Juan Carlos, Madrid, has made history with this mammoth and exciting treatise that it has and can again, without inflation, without business cycles, and without the economic instability that has characterised the age of government control. Such a book as this comes along only once every several generations: a complete comprehensive treatise on economic theory. It is sweeping, revolutionary, and devastating -- not only the most extended elucidation of Austrian business cycle theory to ever appear in print but also a decisive vindication of the Misesian-Rothbardian perspective on money, banking, and the law. The author has said that this is the most significant work on money and banking to appear since 1912, when Mises's own book was published and changed the way all economists thought about the subject. Its five main contributions: A wholesale reconstruction of the legal framework for money and banking, from the ancient world to modern times; An application of law-and-economics logic to banking that links microeconomic analysis to macroeconomic phenomena; A comprehensive critique of fractional-reserve banking from the point of view of history, theory, and policy; An application of the Austrian critique of socialism to central banking; The most comprehensive look at banking enterprise from the point of view of market-based entrepreneurship. Those are the main points but, in fact, this only scratches the surface. Indeed, it would be difficult to overestimate the importance of this book. De Soto provides also a defence of the Austrian perspective on business cycles against every other theory, defends the 100% reserve perspective from the point of view of Roman and British law, takes on the most important objections to full reserve theory, and presents a full policy program for radical reform. It could take a decade for the full implications of this book to be absorbed but this much is clear: all serious students of these subject matters will have to master this treatise.
This Book was ranked at 18 by Google Books for keyword British Banking School.
Book ID of Money, Bank Credit, and Economic Cycles's Books is 73eheHP_YHIC, Book which was written byJesús Huerta de Sotohave ETAG "2yFRkbGbr7U"
Book which was published by Ludwig von Mises Institute since 2009 have ISBNs, ISBN 13 Code is 9781933550398 and ISBN 10 Code is 1933550392
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Book which have "885 Pages" is Printed at BOOK under CategoryBanks and banking
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