Money and Credit - VOLUME II Austrian economist Prof.
Full colour hardcover publication containing illustration or graphic aids, Academic work with endnotes and bibliography on the missing theory of the gold standard and its importance for today regarding the origin of interest and discount and the distributed way in Which the gold standard set the levels of these rates without governmental interference..
The theory of the gold bill may even contribute to your future well-being, much more than a well-fare state ever will.
Yet this work is not laced by spurious mathematics.
This work contains the integration of the Marginal TIme-Preference and Marginal Productivity of Capital approaches to the formation of interest, besides a host of new and important theory, never published by any Austrian School, let alone mainstream economics.
Ludwig Von Mises, Eugen von Bohm-Bawerk and others.
The rest was up to his school.
Von Mises is correct in many respects and Carl Menger, being the father of the Austrian School, laid the foundations.
But here you have it.
An all important link between human freedom and a circulating gold coin standard surfaces, Which all other works on the gold standard have never described.
Both are missing in mainstream economic theory and contemporary Austrian economics has hardly worked out its consequences.
Besides the analysis of a circulating gold coin standard, the work starts with the Carl Menger\'s astute observations on value and price.
But that would be the unadulterated gold standard that is free From political interference by pressure groups or ideological derailments.
This second VOLUME contains the missing theory on the working of the gold standard.
Antal Fekete has published his Opus Magnum in 4 volumes or about 900 pages.
Money and Credit - VOLUME II Austrian economist Prof
