1.1. The Functions of Money

The Theory of Money and Credit by Ludwig von Mises

Tags: Monetary Theory, Money and Banking

12/11/2017 Ludwig von Mises

From Part 1, “The Nature of Money”. Narrated by Jim Vann.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.