ECONOMICS

Mises: Money & Credit.

Mises's groundbreaking monetary theory integrates the theory of money into general economic theory through the regression theorem, explains the business cycle through credit expansion, and provides the definitive refutation of socialist economic calculation. This analysis presents Mises's monetary insights alongside commentary from Murray Rothbard, F.A. Hayek, and George Selgin, exploring debates about sound money, free banking, and monetary policy.