Prices and Production
An avid reader of this book, Prices And Production And Other Works On Money The Business Cycle And The Gold, will discover the summarized version of the ideas of Ludwig von Mises on money, the business cycle, and the gold standard. Here is the overview of what you will encounter in each part:
4.5 out of 5
Language | : | English |
File size | : | 1890 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
Word Wise | : | Enabled |
Print length | : | 594 pages |
Lending | : | Enabled |
In this part, Mises argues that the prices of goods and services are determined by the interaction of supply and demand. He also discusses the role of money in the economy and the relationship between prices and the business cycle. Readers will appreciate the depth of his knowledge regarding the forces that influence the prices of goods and services.
In this part, Mises develops a theory of money and credit. He argues that money is a medium of exchange that is used to facilitate transactions. He also discusses the role of credit in the economy and the relationship between money and credit. His arguments on the functions of money and their consequences are simplified, yet backed up by substantial explanations.
In this part, Mises argues that the gold standard is the best monetary system. He argues that the gold standard helps to prevent inflation and deflation. He also discusses the role of the gold standard in the international economy.
Overall, Prices And Production And Other Works On Money The Business Cycle And The Gold is a valuable contribution to the economic literature. Mises's insights into the workings of the economy are still relevant today.
4.5 out of 5
Language | : | English |
File size | : | 1890 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
Word Wise | : | Enabled |
Print length | : | 594 pages |
Lending | : | Enabled |
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4.5 out of 5
Language | : | English |
File size | : | 1890 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
Word Wise | : | Enabled |
Print length | : | 594 pages |
Lending | : | Enabled |