First Edition of Garet Garret's A Bubble That Broke the World
A Bubble That Broke the World.
Item Number: 5530
Boston: Little, Brown and Company, 1932.
First edition. Octavo, original cloth. Near fine in the rare dust jacket with a few small chips.
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.