Review of Money, Bank Credit, and Economic Cycles by Jesús Huerta de Soto.

The book under review is the first English edition of Prof. Jesús Huerta de Soto’s book Dinero, Crédito Bancario y Ciclos Económicos which first appeared in Spain in 1998. A second edition of the book followed at the beginning of the year 2002 in the wake of worldwide economic events illustrating the great timeliness of the book and the considerable relevance of its subject matter. In the meantime previous reviewers of the book had urged the translation of the book into English, a task now completed as a result of the great effort of Melinda A. Stroup, who wrote the first English manuscript of the entire book, and of the determination of Lewellyn H. Rockwell, Jr., President of the Ludwig von Mises Institute.