Home / Library / Books / Money, Bank Credit, and Economic Cycles

Money, Bank Credit, and Economic Cycles

by Huerta de Soto, Jesús

1998

Summary

The most systematic modern statement of the Austrian theory of the business cycle, demonstrating through history, legal theory, and economics that fractional reserve banking creates artificial credit expansion, distorts the capital structure, and inevitably causes boom-and-bust cycles.

Read more on Grokipedia Read more on Wikipedia Buy on Amazon

ISBN: 978-1-610161-89-3

Topics

analytics Economics menu_book Austrian Economics auto_stories Austrian School currency_exchange Monetary Theory savings Capital monetization_on Sound Money savings Savings schedule Time Preference percent Interest Rates

Quotes from this book

• The Real Cause of Unemployment
• What Actually Separates Rich from Poor Nations