In 1912, when Mises, at age thirty-one, wrote this landmark book, no monetary theory could be described as both securely founded on economic reality and properly incorporated into an analysis of the entire economic system. "The Theory of Money and Credit" opened new vistas. It integrated monetary theory into the main body of economic analysis for the first time, providing fresh new insights into the nature of money and its role in the economy. As the well-known "Austrian" economist Rothbard writes in his new foreword: "This book performed the mighty feat of integrating monetary with micro theory, of building monetary theory upon the individualistic foundations of general economic analysis."

《现代货币理论》研究横跨数个经济学子学科，如经济学思想史、经济史、货币理论、失业与贫困、金融与金融机构、部门收支平衡、经济周期与危机以及货币政策与财政政策等，大规模地更新、融合了诸多非主流的异端理论。
《现代货币理论》作为现代货币理论的入门读物，以新颖的视角解读宏观经济学，挑战传统思维，揭示货币如何在现代经济体中“运作”。本书根据现代货币理论的主要原则，阐释发达国家与发展中国家的宏观会计、货币与财政政策、货币制度和汇率等问题。
《现代货币理论》特别分析了由于对货币性质的误解如何引发了全球金融危机，并就世界各国政策制定者如何解决本国经济疲软问题提出了全新的观点。