Volume 8, No. 4 (Winter 2005)
The present work is a doctoral dissertation written at the University of Hamburg. It deals with Mises’s work on monetary economics and business cycle theory. After an introductory chapter, the author starts with a short presentation of Mises’s life and work and gives an overview of the Austrian School and German monetary thought at the eve of the twentieth century. He then analyzes the first German-language edition of Theory of Money and Credit and subsequent developments in Mises’s monetary thought, in particular in the context of the Keynesian revolution. In the fifth chapter, the author reviews the development of Mises’s political ideas, and of his ideas on monetary policy in particular (p. 64). He then considers the ways in which contemporary monetary theory and policy reflects Misesian themes and summarizes his findings in a concluding chapter 7.