«

"Given the current global economic crisis, with its origins in a credit crisis, and the failure of modern macroeconomics to provide an adequate theory for the links between the credit markets and the economy, the economics profession badly needs new insights into the role of credit and expectations in causing economic fluctuations. It could learn from the ideas and policy recommendations of those economists who lived through the Great Depression. Von Mises was one of those great economists. This book is a welcome invitation to examine the ideas of von Mises and the Austrian school on such vitally important subjects."

Jagdish Handa, McGill University

"In an era in which we are seeing increased interest in studying economic theorists from the Great Depression, Ebeling has done a great service in writing a fresh work on a figure who has been greatly neglected in recent years. Ludwig von Mises merits more attention whether one ultimately agrees with him or not."

James E. Hartley, Mount Holyoke College

»