Mises Wire
Author:
Ludwig von Mises
Online Publish Date:
This review of Frank D. Graham’s book, Exchange, Prices and Production in Hyper-Inflation: Germany 1920–23 (Princeton, N.J.: Princeton University Press, 1930) was published in Economica (May 1932). All the misfortunes from which Europe has suffered in the last two decades have been the inevitable result of the application of the theories which