People Percy L. Greaves, Jr.

on the manipulation of money and credit

On the Manipulation of Money and Credit: Three Treatises on Trade-Cycle Theory By Ludwig von Mises
Translated and with a Foreword by Bettina Bien Greaves
Edited by Percy L. Greaves, Jr.


The three treatises in On the Manipulation of Money and Credit were written in German between 1923 and 1931. Together they include some of Mises’s most important contributions to monetary and trade-cycle theories and constitute a precursor to Mises’s major work, Human Action.

human action

Human Action: A Treatise on Economics By Ludwig von Mises
Edited by Bettina Bien Greaves
Glossary Prepared by Percy L. Greaves, Jr.


In Human Action, Mises starts from the ideas set forth in his Theory and History that all actions and decisions are based on human needs, wants, and desires and continues deeper and further to explain how studying this human action is not only a legitimate science (praxeology) but how that science is based on the foundation of free-market economics.

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