Our friend Katsuhiro Tamagawa informs us that Jesús Huerta de Soto’s masterful work Money, Bank Credit, and Economic Cycles has now been translated into Japanese thanks to Dr. Kenya Kura.
Money, Bank Credit, and Economic Cycles integrates sweeping history and rigorous theory to make the good-as-gold case that the institutions of money and banking can be part of the free market — without a central bank, without bailouts, without inflation, without business cycles, and without the economic instability that has characterized the age of government control. That such an important and comprehensive book is now available to a new Japanese audience is an exciting moment for the global spread of Austrian economics.