First published 1932
The Bubble that Broke the World
The Bubble that Broke the World by Garet Garrett is available as a free PDF and EPUB download at freecapitalists.org.
- Garet Garrett
- First published
- 1932
- Format
- PDF and EPUB
- Pages
- 188
- ISBN
- 9781610160841
- Publisher
- Boston: Little Brown
- License
- Believed to be in the public domain: this work was published in the 1932-1963 window when US copyright had to be renewed after 28 years, and no renewal was found in the Catalog of Copyright Entries. Not independently confirmed.
What caused the stock-market crash of 1929 and the Great Depression that followed?
This book blows away the conventional interpretations, not only in its contents but that the book exists at all. The Bubble that Broke the World was written in 1931. Author Garet Garrett ascribes the crash to the pileup of debt, which in turn was made possible by the Federal Reserve's printing machine. This created distortions in the production structure that cried out for correction. So what is the answer? Let the correction happen and learn from our mistakes.
Such is the thesis of the great Garet Garrett. But take note: this book was a big seller in 1931. In other words, two years before FDR arrived with his destructive New Deal, ascribing the Depression to capitalism and speculation, Garrett had already explained what was really behind the correction.
We are still fighting an uphill battle to explain the true causes of stock-market crashes and economic recessions, especially the Great Depression. But here in this wonderful book is an actual contemporary account that spelled it out plainly for the world to see.
No more can we say that people back then could not have understood. Garrett told them. And thanks to this new edition of this classic and important work, he is telling us again today.
Questions
About this book and this copy
- Is The Bubble that Broke the World free to download?
- Yes. The complete 188-page PDF and EPUB downloads directly from this page (13.3 MB). There is no signup, no account and no paywall.
- How long is The Bubble that Broke the World?
- 188 pages, 8 chapters, and about 57,306 words in the edition this archive serves.
- Is The Bubble that Broke the World in the public domain?
- Believed so. US works published between 1932 and 1963 kept copyright past 28 years only if someone filed a renewal, and no renewal for this work was found in the Catalog of Copyright Entries. That is a search result rather than a legal opinion: a renewal filed under a shortened title or a different claimant would not have been found. Some copies carry a rights notice, which records the original claim and does not extend a term that lapsed.
- Who wrote The Bubble that Broke the World?
- Garet Garrett (1878–1954) was an American journalist and author who was noted for his critiques of the New Deal and US involvement in the Second World War. This archive holds 12 of Garrett's works.
What's in it
8 chapters · 57,306 words · page numbers are this file's
- Author's notep. 6
- Cosmology of the Bubblep. 12
- Anatomy of the Bubblep. 40
- On Saving Europep. 66
- The Rescue of Germanyp. 82
- Operating the Golden Goosep. 108
- The Gold Inventionp. 130
- Book of the Debtsp. 135
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