Customer Reviews

A World In Debt

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One of the great and forgotten economic classics.Those who ignore history are bound to repeat its mistakes.
Mandatory reading for Mr Greenspan, Bernanke and all bankers, let alone Central ones.
What they propelled up must come crashing down. Addiction to debt is deleterious to your financial health.
As we are to repeat the 1929 crisis on a grander scale, in technicolor and cinemascope, well worth rereading this great 'black and white' account of the folly of debt.
A sober reminder that 'greed is not good' and that (economic) 'science sans conscience, n'est que ruine de l'âme!'

This is the 1935 classic which tells you, like you've never heard before, just what debt really is, how it works, and why it can bring down any civilization. As good, if not better, than Andrew Dickson White's 'Fiat Money Inflation in France'. Believe me, these will knock your socks off!

When I hear experts discussing the economy these days, I think of this book by Freeman Tilden. He explained debt in a way that opened my eyes. In summary, besides all the things commonly known about debt, it can be dangerous in the extreme when it bumps up against people's expectations of their human rights.