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Mises felt that society does not benefit from an increase in the money supply, that increased money and bank credit causes inflation and business cycles. Mises supported a 100 percent gold standard.
Mises felt that society does not benefit from an increase in the money supply, that increased money and bank credit causes inflation and business cycles. Mises supported a 100 percent gold standard.
A follower of Mises, [[F.A. Hayek]], won the Nobel Prize in economics in 1974 for elaboring on Mises' business cycle theory.
A student of Mises, [[F.A. Hayek]], won the Nobel Prize in economics in 1974 for elaboring on Mises' business cycle theory.
==Books by Ludwig von Mises==
* ''The Theory of Money and Credit''
* ''Nation, State, and Economy''
* ''Socialism: An Economic and Sociological Analysis''
* ''Critique of Interventionism''
* ''Liberalism''
* ''Epistemological Problems of Economics''
* ''Omnipotent Government: The Rise of Total State and Total War''
* ''[http://www.mises.org/etexts/mises/bureaucracy.asp Bureaucracy]''
* ''Human Action: A Treatise on Economics''
* ''Theory and History: An Interpretation of Social and Economic Evolution''
* ''The Anti-Capitalistic Mentality''
* ''The Ultimate Foundation of Economic Science''
==External Links==
==External Links==
[http://mises.org/ Ludwig Von Misses Institute]
[http://mises.org/ Ludwig Von Misses Institute]
[[Category:Scientists]]
[[Category:Scientists]]
[[Category:Economics]]
[[Category:Economics]]