A Bubble That Broke the World Contributor(s): Garrett, Garet (Author) |
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ISBN: 1605209732 ISBN-13: 9781605209739 Publisher: Cosimo Classics OUR PRICE: $26.59 Product Type: Hardcover - Other Formats Published: November 2009 |
Additional Information |
BISAC Categories: - Business & Economics | Economic History - Business & Economics | Economic Conditions - Literary Collections |
Dewey: 330.973 |
Physical Information: 0.56" H x 5.5" W x 8.5" (0.84 lbs) 192 pages |
Descriptions, Reviews, Etc. |
Publisher Description: The names of the players are different, but these cautionary essays about massive national debt-written in the long wake of World War I and as the Great Depression was starting to make its horrible power fully known-are still fully applicable today. A powerful libertarian voice of the early 20th century, Garet Garrett, writing originally in the Saturday Evening Post, warned about the extension of American credit to a Europe staggering under a massive debt leftover from the financing of World War I... a situation echoed, if reversed, today as the overextended United States continues her rampant borrowing. Collected in book form, Garrett's writings are a cry for a retreat from financial insanity, a clear-eyed look at a complicated and little understood era of financial history, and perhaps an ominous warning for today. American journalist GARET GARRETT (1878-1954) also wrote The American Omen (1928), Rise of Empire (1941), and Garet Garrett's: The People's Pottage (later retitled Ex America) (1951). |