Mises's 1953 treatise on monetary theory remains the definitive book on the foundations of monetary theory. In a step-by-step manner, Mises presents the case for sound money with no inflation, and presents the beginnings of a full-scale business cycle theory. Narrated by Jim Vann.
Latest episodes of the podcast The Theory of Money and Credit
- The Theory of Money and Credit Audiobook
- Foreword to the 2009 Edition
- Foreword by Murray N. Rothbard
- Preface to the New Edition
- Introduction by Professor Lionel Robbins
- Preface to the English Edition
- Preface to the Second German Edition
- 1.1. The Functions of Money
- 1.2. On the Measurement of Value
- 1.3. The Various Kinds of Money
- 1.4. Money and the State
- 1.5. Money as an Economic Good
- 1.6. The Enemies of Money
- 2.1. The Concept of the Value of Money
- 2.2. The Determinants of the Objective Exchange-Value, or Purchasing Power, of Money
- 2.3. The Problem of the Existence of Local Differences in the Objective Exchange Value of Money
- 2.4. The Exchange Ratio Between Money of Different Kinds
- 2.5. The Problem of Measuring the Objective Exchange Value of Money and Variations in It
- 2.6. The Social Consequences of Variations in the Objective Exchange Value of Money
- 2.7. Monetary Policy
- 2.8. The Monetary Policy of Etatism
- 3.1. The Business of Banking
- 3.2. The Evolution of Fiduciary Media
- 3.3. Fiduciary Media and the Demand for Money
- 3.4. The Redemption of Fiduciary Media
- 3.5. Money, Credit, and Interest
- 3.6. Problems of Credit Policy
- 4.1. The Principle of Sound Money
- 4.2. Contemporary Currency Systems
- 4.3. The Return to Sound Money