{"product_id":"the-theory-of-money-and-credit","title":"The Theory of Money and Credit","description":"\u003cp\u003e\u003cstrong\u003eWhat is the true nature of money — and how do state interventions trigger devastating economic crises?\u003c\/strong\u003e In \u003cem\u003eThe Theory of Money and Credit\u003c\/em\u003e, \u003ca href=\"\/collections\/ludwig-von-mises\"\u003eLudwig von Mises\u003c\/a\u003e achieves a historic milestone by integrating monetary theory into the core framework of economic analysis for the very first time.\u003c\/p\u003e\n\n\u003ch3\u003eA Revolutionary Monetary Theory of the Trade Cycle\u003c\/h3\u003e\n\u003cp\u003eThis fundamental work provides profound insights into the role of money in the economy and catapulted Mises into the front rank of European economists. Crucially, the book presents a groundbreaking monetary theory of the trade cycle. Further developed by Mises’s student and Nobel Laureate \u003ca href=\"\/collections\/friedrich-august-von-hayek\"\u003eF. A. Hayek\u003c\/a\u003e, this analysis remains a powerful challenge to all interventionist business-cycle theories.\u003c\/p\u003e\n\n\u003cp\u003e\u003cem\u003eNote: If you prefer the German translation of this masterpiece, you can find it here: \u003ca href=\"\/products\/theorie-des-geldes-und-der-umlaufsmittel\"\u003eTheorie des Geldes und der Umlaufsmittel\u003c\/a\u003e.\u003c\/em\u003e\u003c\/p\u003e\n\n\u003cp\u003e📖 Further recommendations for free-market thinkers at buchausgabe.de:\u003c\/p\u003e\n\u003cul\u003e\n  \u003cli\u003eDiscover core texts on the \u003ca href=\"\/collections\/wirtschaftstheorie-oesterreichische-schule\"\u003eAustrian School of Economics\u003c\/a\u003e.\u003c\/li\u003e\n  \u003cli\u003eBrowse our collection on \u003ca href=\"\/collections\/klassischer-liberalismus\"\u003eClassical Liberalism\u003c\/a\u003e.\u003c\/li\u003e\n  \u003cli\u003eExplore our curated selection of \u003ca href=\"\/collections\/english-books\"\u003eEnglish Books\u003c\/a\u003e.\u003c\/li\u003e\n\u003c\/ul\u003e\n","brand":"Liberty Fund","offers":[{"title":"Default Title","offer_id":54936943591763,"sku":"9780913966716","price":15.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1060\/5389\/4483\/files\/9780913966716_LvMTheTheoryofMoneyandCredit.jpg?v=1789378353","url":"https:\/\/buchausgabe.de\/products\/the-theory-of-money-and-credit","provider":"buchausgabe.de","version":"1.0","type":"link"}