Mises Academy: Robert P. Murphy teaches Mises on Money and Banking
I am pleased to announce that on February 1 the Mises Academy will launch my new online class, Mises on Money and Banking. The class will cover selected portions of Mises's first major book, the classic The Theory of Money & Credit, for which I have written a study guide.
The book is too long to cover in its entirety, so we will focus on the portions necessary for students to walk away with a solid understanding of the two major accomplishments in the book:
Mises's unification of "micro" and "macro" by applying subjective value theory to money, and
his development of what we now call Austrian business-cycle theory.
The course will showcase not only Mises's brilliance as a novel thinker but also his excellent command of the literature and his selection of the best ideas from other schools.
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Maybe we need to force our representatives to attend this course so that we can get some responsible monetary policies instituted.
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