The Brilliant but Neglected Novels of Garet Garrett

The Brilliant but Neglected Novels of Garet Garrett
The journalist and author Garet Garrett and the cover of his book “The American Story.” Public Domain/Mises.org
Jeffrey A. Tucker
Updated:
0:00
Commentary
One of the best nonfiction books to appear following the onset of the Great Depression was written by the financial journalist Garet Garrett (1878–1954). It is called “The Bubble that Broke the World” (1931), and it was a bestseller. His analysis was exactly right. This was not a crisis of capitalism, he wrote, but of postwar credit expansions and imbalances. The economic downturn represented the coming due of the bill, and a cry for rebalancing production, consumption, savings, and interest rates in the United States and all over the industrialized world.
Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]