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Books / Digital Text

The Theory of Money and Credit

Part One: The Nature of Money

Chapter 1. The Functions of Money

1. The General Economic Conditions for the Use of Money
2. The Origin of Money
3. The "Secondary" Functions of Money

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Book Information

New Haven: Yale University Press, 1953.

The Theory of Money and Credit

Ludwig von Mises

Mises wrote this book for the ages, and it remains the most spirited, thorough, and scientifically rigorous treatise on money to ever appear. It made his reputation...

Other Formats | Book Information

Select from the table of contents below to read this book.

Preface to the New Edition
Introduction by Professor Lionel Robbins
Preface to the English Edition
Preface to the Second German Edition
Part One: The Nature of Money
Part Two: The Value of Money
Part Three: Money and Banking
Part Four: Monetary Reconstruction
Concluding Remarks
Appendix A: On the Classification of Monetary Theories
Appendix B: Translator's Note on the Translation of Certain Technical Terms

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Capital and Interest Theory
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Fiscal Theory
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Money and Banking
Money Supply
Monopoly and Competition
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Prices
Private Property
Production Theory
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Value and Exchange

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