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Buch. Zustand: Neu. Neuware - Money and Credit - Volume II Austrian economist Prof. Antal Fekete has published his Opus Magnum in 4 volumes or about 900 pages. This second volume contains the missing theory on the working of the gold standard. But that would be the unadulterated gold standard that is free from political interference by pressure groups or ideological derailments. Besides the analysis of a circulating gold coin standard, the work starts with the Carl Menger's astute observations on value and price. Both are missing in mainstream economic theory and contemporary Austrian economics has hardly worked out its consequences. An all important link between human freedom and a circulating gold coin standard surfaces, which all other works on the gold standard have never described. But here you have it. Von Mises is correct in many respects and Carl Menger, being the father of the Austrian School, laid the foundations. The rest was up to his school. Ludwig Von Mises, Eugen von Bohm-Bawerk and others. This work contains the integration of the Marginal TIme-Preference and Marginal Productivity of Capital approaches to the formation of interest, besides a host of new and important theory, never published by any Austrian School, let alone mainstream economics. Yet this work is not laced by spurious mathematics. The theory of the gold bill may even contribute to your future well-being, much more than a well-fare state ever will.Full colour hardcover publication containing illustration or graphic aids, Academic work with endnotes and bibliography on the missing theory of the gold standard and its importance for today regarding the origin of interest and discount and the distributed way in which the gold standard set the levels of these rates without governmental interference.…

Buch. Zustand: Neu. Neuware - Money and Credit - Volume IV Austrian economist Prof. Antal Fekete has published his Opus Magnum in 4 volumes or about 900 pages. This final volume contains several proposals to recover economic science and reinstate Carl Menger's main tenets. The economic abuses, conundrums, crises, aberrations, unemployment, credit abuse and general evaporation of savings cast a large shadow over mainstream economic science. These conundrums and financial crises are of their own making and solutions are at hand !The current crop of economists risks being buried under the rubble of he collapse of a well-fare state, which is just a euphemism for a parasitical 'system' that drains both physical and intellectual capital. It sustains one group at the expense of another and cuts perpendicular to justice in the broadest sense. Hot 'money' is the result and tax administrations hunt it down for their share of the loot.If we want to preserve credit and civilisation, we need to revert back to honest money and proper economic science, even if ideologists don't like it one bit. Economic collapse is real and has burried other civilisations under its rubble. We are not exempted ! Cleaning the Augean stables will be a Herculanean effort. But if we do not start this unpleasant job of resisting parasitical elements, than nature will do it for us. This parasite kills its host by spending everyone's savings and subjecting all future generations to serfdom.In this fourth volume several propositions have been made to the finer subjects of economic science such as the future markets, the economics of mining and more. In its final section on monetary cranks, the tables are reversed. It helps of course if one has read the other volumes. By reversing the tables, the parasite is exposed and hope may be restored for future generations. The myths surrounding the gold standard and silver coinage are all debunked authoritatively. Proper economic science, without ideological accretions are proposed and the study of monetary science on international trade lies at its hart. `the need for central banking is questioned, as the world has always done fine without them, just as the term macro-economics is just a euphemism for a pathological need of centralised control. The latter is the main cause of our economic problems.A full colour hardcover publication of Fekete's magum opus. Volume IV of a never published Treatise on Gold, Interest and Discount and the hitherto undiscovered links between them, necessary for the distributed decision making on interest rates and discount rates, savings and consumption as well as hoarding. A penetrating study of the inner working of the gold standard. Academic work with bibliography, notes and illustrations. …