A Bubble that Broke the World
Author | : | |
Rating | : | 4.42 (580 Votes) |
Asin | : | 1578987636 |
Format Type | : | paperback |
Number of Pages | : | 190 Pages |
Publish Date | : | 2013-10-15 |
Language | : | English |
DESCRIPTION:
Boots on the Ground Truth about 1930s Gold Confiscation Morgan Riveting, boots on the ground contemporary factual commentary penned by a literary giant and Editor-in-Chief of the Saturday Evening Post, Garet Garrett, makes this a reeeeeeeal page turner!While the Agriculture Act rider ordering confiscation of US Gold--a historical action which still causes angst amongst goldbugs in 2013--was snuck in at night, and LATE at night at that, Garrett puts it all into proper historical context.WWI war reparations by the Germans to the French which went unpaidthe "busting. UNCOMMON SENSE This obscure gem from the thirties should be required reading for ALL high school students, and make up a portion of the core basis of knowledge for college level study of banking, finance, and economics. Along with Bastiat's "broken window," Garrett's "three bank tellers," and his "chord of wood," should be demonstated as being understood by any potential graduate in the disciplines I cited above. I would rate it at five-stars, with whatever additional accolades I might conjure up!. Will C. Wohler said Makes you think about all kinds of 'Pyramids' (not just the conventional Egyptian ones) in a startling, new light!. I cannot praise Garrett's highly thought-provoking analysis of 'Pyramids' (starting w/ the Egyptian ones) too much! And he offers much more food for thought, besides. Wish i'd discovered this little gem years ago!
. 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. From the Back Cover 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. Collected in book form, Garrett's
. GARET GARRETT is the pseudonym of Edward Peter Garrett, a well-known financial writer and editor who worked for the Wall Street Journal, the New York Times, and the Saturday Evening Post, among other publications. Known for his witty and insightful writing on financial issues, Garrett was the aut
By 1903, he had become a well known writer for the old New York Sun. All his works exemplify the basic premise that a man is responsible for his own life, and that no man can expect a free ride off others, through forced income distribution schemes such as socialism and communism. In 1916, at the age of 38, Garrett became the executive editor of the New York Tribune, after having worked as a financial writer for The New York Times, The Saturday Evening Post, and The Wall Street Journal. Garet Garrett was born in 1878 in Illinois. Between 1920 and 1932 Garrett wrote eight books, including A Bubble That Broke the World in 1932. He also wrote regular columns for several business and financial publications. 2009 reprint of 1932 edition. Garett's political viewpoint overall, and the central theme throughout all