Lionel Robbins Books

From one of the preeminent theorists of the acclaimed Austrian school of economics, "The Theory of Money and Credit" represents a major contribution to the science of economics. Von Mises examines the value of money, how it can be measured, and the effects of credit and monetary policy at the nation-state level. Von Mises is well known for advocating a return to the gold standard as a way to eliminate the growth and recession cycles. Given the current economic crises, many people who want a better understanding of economics are turning back to this classic work in order to be better informed on the implications of monetary and credit policy.

The book presents Lionel Robbins's influential lectures on the history of economic thought, offering a comprehensive analysis of the development of economic ideas since World War II. It marks the inaugural publication of these lectures, providing readers with valuable insights into the evolution of economic theories and their historical context.

This book by Lionel Robbins first appeared in 1932 as an outstanding English-language statement of the Misesian view of economic method, namely that economics is a social science and must advance its propositions by means of deductive reasoning and not through the methods used in the natural sciences. The case is argued here with patience and attention to scholarly details. The unfortunate second edition of this book, which is more available today, introduces confusions by departing from Austrian microeconomic theory. Thus does the Mises Institute celebrate the 75th anniversary of the first edition with this reprint. "Reading Robbins," writes Samuel Bostaph of the University of Dallas, "is an excellent way of contrasting his explanation of the basic nature of economics with that of the Austrian School, as found in the work of Mises as an extension of Carl Mengers's foundations. Such a reading wonderfully clarifies one’s understanding of the basic conception of economics as a science of human action, rather than one of mere 'economizing.' "

The book delves into the origins and contributing factors of the 1929 depression, providing a comprehensive analysis of the socio-economic conditions that led to this pivotal event. It explores the historical context and the interconnected elements that culminated in one of the most significant economic downturns in history, offering insights into its lasting impact on society and the economy.

Written by one of the foremost economists of the twentieth century, this book offers a profound reflection on the nature and causes of economic problems in both war and peacetime. Through a careful analysis of the key drivers of economic growth and development, Robbins provides a compelling vision for a more prosperous and peaceful world.

The manuscript notes reveal the foundational lectures on Economic Analysis delivered by Robbins from 1929 to 1940, showcasing his early teaching methods and intellectual development. Initially aiming to publish a comprehensive book, Robbins shifted focus to other commitments, leaving this volume as a significant historical document. It provides insight into the education of senior undergraduate and graduate economists during a pivotal era in economic theory, capturing the essence of his teachings and the academic environment of the time.

Focusing on the contributions of Lionel Robbins, this volume compiles a selection of his most significant and influential articles spanning economic theory, policy, and history. As a prominent British economist and public figure from 1929 to 1961, Robbins' work shaped contemporary economic thought. Many of his early academic writings have remained unpublished until now, making this collection a vital resource for understanding his impact on the field of economics.