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On the Manipulation of Money and Credit

1978

by Mises

Austrian SchoolBusiness CyclesCredit ExpansionEconomic CrisisLudwig von MisesStabilizationCarl MengerGold StandardGresham's LawMonetary PolicyNeutral MoneyPurchasing PowerInflationQuantity Theory of MoneyAdam SmithDavid HumeHoardingInterest RatesLegal TenderSpeculationFrench RevolutionExchange RatesMonetary ReformReichsbankCommodity MoneyDavid RicardoDevaluationBalance of PaymentsMercantilismReparationsTaxationTreaty of VersaillesBanking SchoolBankingImperialismInterventionismLiberalismProtectionismSocialismEugen von Bohm-BawerkHistorical SchoolIrving FisherJohn Maynard KeynesFiduciary MediaGustav CasselDeflationSubjective ValueClassical EconomicsStationary EconomyBimetallismCapitalismBusiness Cycle TheoryCurrency SchoolCapital AccumulationForced SavingKnut WicksellMalinvestmentRoundabout ProductionCentral BankingFree BankingIdeologyThomas TookeFrederic BastiatLeon WalrasNatural Rate of InterestDiscount RateMonetary StabilityEntrepreneurshipHerbert SpencerConsumer SovereigntyMarxismProductivityTrade UnionsUnemploymentWagesAutarkyCapital ConsumptionSubsidiesEconomic PolicyArthur SpiethoffWage RigiditySocial PolicyFiat MoneySavingScarcityBoom and BustTime Preference

Table of Contents · 45 segments

1
Title Page and Table of Contentsfront matter
2
Stabilization of the Monetary Unit: Introductiontheoretical
3
The Outcome of Inflation: Monetary Depreciation and Demonetizationtheoretical
4
The Effect of Inflation on Interest Rates and the Run from Moneytheoretical
5
Final Phases of Currency Collapse and Historical Parallelstheoretical
6
The Emancipation of Monetary Value from Government Influencetheoretical
7
The Return to Gold and the Money Relationtheoretical
8
Critique of the Balance of Payments Doctrinetheoretical
9
The Inflationist Argument and War Reparationstheoretical
10
The New Monetary System and Ideological Reformtheoretical
11
The Ideological Conflict of Monetary Policytheoretical
12
Appendix: Balance of Payments and Foreign Exchange Ratesessay
13
Monetary Stabilization and Cyclical Policy: Prefacetheoretical
14
The Problem of 'Stable Value' Moneytheoretical
15
The Gold Standard and 'Economizing' on Moneytheoretical
16
The 'Manipulation' of the Gold Standardtheoretical
17
The Impossibility of Measuring Purchasing Powertheoretical
18
Critique of Fisher's Stabilization Plantheoretical
19
The Inherent Instability of Market Ratiostheoretical
20
The Misplaced Partiality to Debtorstheoretical
21
The Goal of Monetary Policy: Liberalism and the Gold Standardtheoretical
22
Stabilization of Purchasing Power and the Trade Cycletheoretical
23
Circulation Credit Theory: The Banking School Fallacytheoretical
24
The Mechanism of Credit Expansion and Malinvestmenttheoretical
25
The Reappearance of Cycles and the Mania for Lower Interest Ratestheoretical
26
The Crisis Policy of the Currency School and Modern Cyclical Policytheoretical
27
Empirical Studies and the Harvard Barometertheoretical
28
Arbitrary Political Decisions and the Failure of Interventiontheoretical
29
The Necessity of Sound Theory and Free Bankingtheoretical
30
Control of the Money Market: International Competition or Cooperationtheoretical
31
Business Forecasting and the Limits of Predictiontheoretical
32
Aims and Method of Cyclical Policy: The New Currency Schooltheoretical
33
The Causes of the Economic Crisis: The Market vs. Anarchyessay
34
Cyclical Changes and the Monetary Theory of the Trade Cycletheoretical
35
The Present Crisis: Unemployment and Labor Union Policytheoretical
36
Price Supports, Tax Policy, and Gold Productiontheoretical
37
The Way Out: Abandoning Interventionismtheoretical
38
Postscript: The Status of Business Cycle Research (1933)essay
39
The Effect of Lower than Unhampered Market Interest Ratestheoretical
40
The Questionable Fear of Declining Pricestheoretical
41
The Trade Cycle and Credit Expansion: The Unpopularity of Interestessay
42
The Two Classes of Credit: Commodity vs. Circulation Credittheoretical
43
The Function of Prices, Wage Rates and Interest Ratestheoretical
44
The Effects of Politically Lowered Interest Rates and the Trade Cycletheoretical
45
The Inevitable Ending: Market Democracy and Interesttheoretical