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Stock Market, Credit, and Capital Formation - Digital Book

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He investigates and explains the relationship between expanding credit, monetary policy, and rising stock prices
Price: $5.00
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Description 

This professionally prepared ebook is an electronic edition of the book that is designed for reading on digital readers like Nook, Kindle, iPad, Sony Reader, and other products including iPhone and Android smart phones. The text reflows depending on your font preferences and it contains links from navigation.

Economist Fritz Machlup was an early Misesian who wrote this book as an early study in the workings of the business cycle. In particular, he investigates and explains the relationship between expanding credit, monetary policy, and rising stock prices. The German edition was written in 1929 and published in 1930, and proved prophetic in every way. The English edition came out in 1940, with some revisions. It remains the most thorough analysis of stock-market bubbles from the point of view of the Austrian School. It demonstrates that the business cycle can and does affect stock markets and in unusual ways.

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ISBN 9781610160506
eISBN 9781610163354
Publication Date 2007
Page Length 307

The author has had a burning passion for his whole career to present Austrian business cycle theory in terms that mainstream economists can understand...
Price: $40.00
He investigates and explains the relationship between expanding credit, monetary policy, and rising stock prices
Price: $28.00