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The Ethics of Money Production by Jörg Guido Hülsmann is a philosophy book available to read on EtoBox.

What is The Ethics of Money Production about?

PrefaceIt has been a long-standing project of mine to give a concise exposition of monetary theory, with special emphasis on the ethical and institutional aspects of money production. Money and banking have been covered more than any other subject in economics. Still there is reason to hope that the following pages will not be superfluous, for they combine three elements that have not previously been integrated into a single work.First, this book applies the tradition of philosophical realism to the analysis of money and banking. The great pioneer of this approach was the fourteenth century mathematician, physicist, economist, and bishop, Nicholas Oresme, who wrote the first treatise ever on inflation and, in fact, the very first treatise on an economic problem. Oresme exclusively dealt with the debasement of coins, a form of inflation that is unimportant in our age. But the principles he brought to bear on his subject are still up to date and have by and large remained unsurpassed. In modern times, Oresme’s work has found its vindication in the writings of the Austrian School.The Austrian theory of banking and fiat money is the second element [...].

Who reads The Ethics of Money Production?

Author

Jörg Guido Hülsmann

Publisher

Ludwig von Mises Institute

Published

2008

Language

EN

ISBN

9781933550091

Category

philosophy

Subjects

Economics, Fiction, Business

Rating

4.44 / 5 (51 ratings)

Updated

2026-03-14