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Why Mises's The Theory of Money and Credit Is Still Important Today

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