
Why Mises's The Theory of Money and Credit Is Still Important Today
Audio Mises Wire · Mises Institute
February 17, 2026
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Show Notes
Ludwig von Mises’s first major work was The Theory of Money and Credit in which he explained the role of money in the economy and also pointed out what causes the boom-bust cycle. It remains an important classic in Austrian economics.
Original article: https://mises.org/mises-wire/why-misess-theory-money-and-credit-still-important-today
Topics
Austrian Economics OverviewBook ReviewsHistory of the Austrian School of EconomicsMonetary Theory