What caused the stock-market crash of 1929 and the Great Depression that followed?
A Bubble that Broke the World, written in 1931 and published a year later, ascribes the crash to the pileup of debt following World War I, which was made possible by the new Federal Reserve System.
Author Garet Garrett's remedy: Let the correction happen and learn from our mistakes.
The analysis and solution are as relevant today as they were back then.
Laissez Faire Books is proud to present this new edition, created especially for Laissez Faire Club members. It includes an editorial preface by Jeffrey A. Tucker, LFB's executive editor, and a new foreword by Chris Mayer, author of Right Side Up: Investing Across Six Continents and other investment books in the Agora Series.