Risk Aversion and Portfolio Choice
by Donald D. Hester, James Tobin
Publisher: John Wiley & Sons 1967
Number of pages: 190
The seven essays in the monograph 'Risk Aversion and Portfolio Choice' have both normative applications, as pieces of advice to investors, and positive implications, as descriptions of the economy. They are partly theoretical and partly empirical.
Home page url
Download or read it online for free here:
by Ron Paul - Ludwig von Mises Institute
Ron Paul explains why sound money means a new gold standard. The monograph is written in the clearest possible terms with the goal of explaining the basics of paper money and its effects of inflation, business cycles, and government growth.
by Ludwig von Mises - Yale University Press
Mises shows how money had its origin in the market, and how its value is based on its usefulness as a commodity in exchange. Mises presents the case for sound money with no inflation, and presents the beginnings of a full-scale business cycle theory.
by Ludwig von Mises - Ludwig von Mises Institute
The author presents his business cycle theory, applies it to the prevailing conditions, and discusses the policies that governments undertake that make recessions worse. He recommends a monetary reform that would provide a sustainable prosperity.
by James A. Dorn (ed.) - Cato Institute
The essays in this book consider the implications of the information revolution for financial innovation and the future of money; the regulatory climate; the impact of e-money on taxation and monetary policy; the problem of maintaining privacy; etc.