The Monetary Paradigm in the Misesian Theory

Liparã Daniel ()
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Liparã Daniel: „Alexandru Ioan Cuza” University of Iaºi, Doctoral School of Economics

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 1, 576-579

Abstract: One of the leading figures of the Austrian School is by far Ludwig von Mises. Known better for his findings regarding the relationship between money, prices and interest, Mises brought originality and a new perspective over the monetary policy. This paper is a tribute to the philosopher Mises, who focused on human acting and who enriched the monetary theory with an analytical perspective and deductive models, creating the so called Misesian theory. What is Mises contribution to the development of monetary paradigm? Is expansionary monetary policy good? Is he for private initiative and free market rule? And most important how does the business cycle theory influence money?

Keywords: money; interest rate; monetary policy; business cycle theory. (search for similar items in EconPapers)
JEL-codes: E30 E40 E52 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:12:p:576-579

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