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This book is published by Liberty Fund, Inc., a foundation established to encourage study of the ideal of a society of free and responsible individuals.


The cuneiform inscription that serves as our logo and as a design element in Liberty Fund books is the earliest-known written appearance of the word “freedom” (amagi), or “liberty.” It is taken from a clay document written about 2300 B.C. in the Sumerian city-state of Lagash.

This 2012 Liberty Fund edition is published by arrangement with Hillsdale College. Introduction, editorial additions, and translations © 2012 by Hillsdale College.

Original materials used for the translations that appear in the present edition are © by the estate of Ludwig von Mises and are used by permission.

This eBook edition published in 2012.

eBook ISBN: E-PUB 978-1-61487-253-5

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Monetary and Economic Policy Problems Before, During, and After the Great War

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