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Ludwig von Mises on Money and Inflation: A Synthesis of Several Lectures

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To have this work is like having Mises as your private tutor, telling you about money and inflation in a casual setting and in plain language.
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In the 1960s, Ludwig von Mises lectured often on money and inflation. Bettina Bien Greaves was there taking shorthand. She has been working to transcribe them for a very long time. At last the results are here and they are fantastic.

To have this work is like having Mises as your private tutor, telling you about money and inflation in a casual setting and in plain language. He is the prophet of the 20th century on these topics, and here he presents his entire apparatus.

True, this book is not technically by Mises. It is not something he signed off on. But they are his lectures, and they provide a glimpse into the workings of an incredible mind on a topic that is crucial to our future.

Ms. Greaves explains:

Upon the establishment of the Foundation for Economic Education (FEE) in 1946, Ludwig von Mises became a part-time adviser, and he served in that capacity until his death in 1973. Whenever FEE held a seminar in Irvington, if he was in town he would drive out from New York City, where he lived with his wife, Margit, to speak to the participants. His topic was quite often inflation. I attended all those lectures, took them down in shorthand and later transcribed them. The thought occurred to me that eight to ten of his lectures on inflation, delivered in the 1960s, might be integrated, with the duplications deleted, and turned into a single piece.

Hence this paper.

Mises did not like to have his oral remarks quoted or published because, obviously, they did not represent the care and precision he devoted to his writings. However, it does not seem to me that these lectures, as I have edited them, misrepresent his ideas in any way. Moreover, they reveal his unpretentious manner and the informal simple style he used when talking to students. He often rephrased an idea in several different ways, repeating it for emphasis. He was frequently accused of being “simplistic,” of making economic subjects appear too clear and simple, but it was this very approach that made it possible for persons, even those without any background in economics, to understand and appreciate what he was saying.

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by Mo
on 5/15/2011
Disappointing
Honestly I was disappointed by this book. It's badly edited and the ideas are unclear at times. There is nothing here that Mises did not cover elsewhere. I honestly can not recommend this book. I recommend instead another book by Mise which is in my opinion vastly superior:Economic Policy Thoughts for Today and Tomorrow. You get much more value at the same price.
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ISBN 9781933550756
eISBN 9781610164030
Publisher Ludwig von Mises Institute
Publication Date 2010
Binding PB
Page Length 91
Dimensions 6" x 9"

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