Study Guide to the Theory of Money and Credit

B. Translator’s Note on the Translation of Certain Technical Terms

APPENDIX B TRANSLATOR’S NOTE ON THE TRANSLATION OF CERTAIN TECHNICAL TERMS

[The translator’s note in Appendix B is self-explanatory and needs no summary here. However, we have reproduced the translator’s excellent diagram to illustrate the Misesian classification scheme regarding different monetary concepts.]

What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member