Here is the first edition, 1912, of Mises’s great book translated as The Theory of Money and Credit. This book changed monetary economics forever.
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Ludwig von Mises was the acknowledged leader of the Austrian school of economic thought, a prodigious originator in economic theory, and a prolific author. Mises’s writings and lectures encompassed economic theory, history, epistemology, government, and political philosophy. His contributions to economic theory include important clarifications on the quantity theory of money, the theory of the trade cycle, the integration of monetary theory with economic theory in general, and a demonstration that socialism must fail because it cannot solve the problem of economic calculation. Mises was the first scholar to recognize that economics is part of a larger science in human action, a science that he called praxeology.
However one may turn the matter, one cannot discover any reason why an ideological distortion of truth should be more useful to the bourgeoisie than a correct theory.
Having warned of the rise of national socialism and having fled the German army‘s march into Austria, Ludwig von Mises was in an excellent position to analyze Nazi economic doctrine.
Having warned of the rise of national socialism and having fled the German army's march into Austria, Ludwig von Mises was in an excellent position to analyze Nazi economic doctrine.
Munchen und Leipzig: Ferlag von Duncker & Humblot, 1912 (Theory of Money and Credit [Fiduciary Media], first edition)