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Garet Garrett



 
 
Garet Garrett (1878–1954), born Edward Peter Garrett, was an American
United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
 journalist
Journalism

Journalism is the craft of conveying news, descriptive material and editorial via a widening spectrum of Media . These include newspapers, magazines, radio and television, the internet and, more recently, the cellphone....
 and author who was noted for his critiques of the New Deal
New Deal

The New Deal was the name that United States President of the United States Franklin D. Roosevelt gave to a sequence of central economic planning and economic stimulus programs he initiated between 1933 and 1938 with the goal of giving aid to the unemployed, reform of business and financial practices, and recovery of the Economy of the Unite...
 and U.S. involvement in the Second World War
World War II

World War II, or the Second World War , was a global military conflict which involved a Participants in World War II, including all of the great powers, organised into two opposing military alliances: the Allies of World War II and the Axis powers....
.

t Garrett was born in 1878 in Illinois
Illinois

The State of Illinois is a U.S. state of the United States, the 21st to be admitted to the United States. Illinois is the most populous and demographically diverse Midwestern United States state and the fifth most populous state in the nation....
. By 1903, he had become a well known writer for the old New York Sun
New York Sun (historical)

The Sun was a New York newspaper that was published from 1833 until 1950. It was considered a serious paper, like the city's two more successful broadsheets, the New York Times and New York Herald Tribune....
. In 1911, he wrote a fairly successful book, Where the Money Grows and Anatomy of the Bubble.






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Garet Garrett (1878–1954), born Edward Peter Garrett, was an American
United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
 journalist
Journalism

Journalism is the craft of conveying news, descriptive material and editorial via a widening spectrum of Media . These include newspapers, magazines, radio and television, the internet and, more recently, the cellphone....
 and author who was noted for his critiques of the New Deal
New Deal

The New Deal was the name that United States President of the United States Franklin D. Roosevelt gave to a sequence of central economic planning and economic stimulus programs he initiated between 1933 and 1938 with the goal of giving aid to the unemployed, reform of business and financial practices, and recovery of the Economy of the Unite...
 and U.S. involvement in the Second World War
World War II

World War II, or the Second World War , was a global military conflict which involved a Participants in World War II, including all of the great powers, organised into two opposing military alliances: the Allies of World War II and the Axis powers....
.

Early years

Garet Garrett was born in 1878 in Illinois
Illinois

The State of Illinois is a U.S. state of the United States, the 21st to be admitted to the United States. Illinois is the most populous and demographically diverse Midwestern United States state and the fifth most populous state in the nation....
. By 1903, he had become a well known writer for the old New York Sun
New York Sun (historical)

The Sun was a New York newspaper that was published from 1833 until 1950. It was considered a serious paper, like the city's two more successful broadsheets, the New York Times and New York Herald Tribune....
. In 1911, he wrote a fairly successful book, Where the Money Grows and Anatomy of the Bubble. In 1916, at the age of 38, Garrett became the executive editor of the New York Tribune
New York Tribune

The New York Tribune was an American newspaper, first established by Horace Greeley in 1841, which was long considered one of the leading newspapers in the United States....
, after having worked as a financial writer for The New York Times
The New York Times

The New York Times is an American daily newspaper published in New York City. The largest metropolitan newspaper in the United States, "The Gray Lady"?named for its staid appearance and style?is regarded as a national newspaper of record....
, the Saturday Evening Post, and The Wall Street Journal
The Wall Street Journal

The Wall Street Journal is an English language international daily newspaper published by Dow Jones & Company in New York, New York with Asian and European editions....
. From 1920 to 1933, his primary focus was on writing books.

Between 1920 and 1932 Garrett wrote and had eight books including The American Omen in 1928 and A Bubble That Broke the World in 1932. He also wrote regular columns for several business and financial publications.

Political Viewpoint

Garett's political viewpoint overall, and the central theme throughout all his books, is libertarian
Libertarianism

Libertarianism is a term used by a political spectrum of Political philosophy which seek to promote individual liberty and seek to minimize or abolish the state....
 or classical liberal
Classical liberalism

Classical liberalism is a doctrine stressing individual freedom, free markets, and limited government. This includes the importance of human rationality, individual property rights, natural rights, the protection of civil liberties, individual freedom from restraint, equality under the law, constitutional limitation of government, free marke...
. All his works exemplify the basic premise that a man is responsible for his own life, and that no man can expect a free ride off others, through forced income distribution schemes such as socialism
Socialism

Socialism refers to a broad set of economic theories of social organization advocating public or state ownership and administration of the means of production and distribution of goods, and a society characterized by equality for all individuals, with a fair or Egalitarianism method of compensation....
 and communism
Communism

Communism is a socioeconomic structure and political ideology that promotes the establishment of an egalitarianism, classlessness, stateless society based on common ownership and control of the means of production and property in general....
. As the 20th century progressed, he believed that Americans were signing away their birthright of freedom, through trading in their responsibilities of self-governance and self-responsibility, in return for more socialist measures such as FDR's New Deal
New Deal

The New Deal was the name that United States President of the United States Franklin D. Roosevelt gave to a sequence of central economic planning and economic stimulus programs he initiated between 1933 and 1938 with the goal of giving aid to the unemployed, reform of business and financial practices, and recovery of the Economy of the Unite...
 expansion of government.

His most influential work is commonly regarded to be The Driver. Published in 1922, it tells the story of an entrepreneur who, through is own vision and work ethic, takes over a failing railway, turning it into a hugely productive and profitable asset for the benefit of himself and the rest of the nation. Unable to see what he has achieved in turning his own business and the wider economy around from recession to boom, and blinded by the intense wealth and power he enjoys as a result, the general population and the government turn against him, ultimately destroying him instead of celebrating his success.

Justin Raimondo
Justin Raimondo

Justin Raimondo describes himself as a "conservative-paleo-libertarian." He is an United States author and the editorial director of the website Antiwar.com....
 and the Ludwig von Mises Institute
Ludwig von Mises Institute

The Ludwig von Mises Institute , based in Auburn, Alabama, is a right-libertarianism academic organization engaged in research and scholarship in the fields of economics, philosophy and political economy....
 have observed that there are similarities between Atlas Shrugged
Atlas Shrugged

Atlas Shrugged is a novel by Ayn Rand, first published in 1957 in literature in the United States. It was Rand's fourth, List of longest novels, and last novel....
 and The Driver. It is unknown whether Rand
Ayn Rand

Ayn Rand , was a Russian-American novelist, philosopher, playwright, and screenwriter. She is known for her best-selling novels and for developing a philosophical system called Objectivism ....
 was familiar with this work, but The Driver’s central character is Henry Galt, while Atlas Shrugged
Atlas Shrugged

Atlas Shrugged is a novel by Ayn Rand, first published in 1957 in literature in the United States. It was Rand's fourth, List of longest novels, and last novel....
’s principal character is John Galt. At one point in The Driver, someone asks, "Who is Henry Galt?"; in Atlas Shrugged
Atlas Shrugged

Atlas Shrugged is a novel by Ayn Rand, first published in 1957 in literature in the United States. It was Rand's fourth, List of longest novels, and last novel....
, many characters repeatedly inquire, "Who is John Galt?"

Critic of the New Deal and Roosevelt's foreign policy

After the election of Franklin Delano Roosevelt, Garrett went on to become one of the most vocal critics of the New Deal
Critics of the New Deal

During his presidency from 1933 to 1945, Franklin Delano Roosevelt established a series of programs which he called the New Deal. Critics from both ends of the political spectrum argued against these policies....
 and what he saw as its socialist
Socialism

Socialism refers to a broad set of economic theories of social organization advocating public or state ownership and administration of the means of production and distribution of goods, and a society characterized by equality for all individuals, with a fair or Egalitarianism method of compensation....
 measures. He wrote a series of his columns in the Saturday Evening Post between 1933 to 1940, which were later compiled into a collection of his essays titled Salvos against the New Deal: Selections from the Saturday Evening Post: 1933-1940, published in 2002. The Saturday Evening Post kept Garrett on as a columnist despite the fact that at one point it became financially perilous for the magazine to do so. In 1940 the management of the Saturday Evening Post made Garrett editorial-writer-in-chief after the death of George Horace Lorimer
George Horace Lorimer

George Horace Lorimer was born in Louisville, Kentucky, the son of the Rev. George Lorimer and Belle Burford Lorimer. He attended Moseley High School in Chicago, Colby College, and Yale University....
. Garrett was highly critical of the Roosevelt Administration's moves toward intervention in the war then underway in Europe; he covered this topic in a series of editorials which were collected under the title Defend America First: The Antiwar Editorials of the Saturday Evening Post, 1939-1942, which was published in 2003.

Later years

In 1953, Garrett published The People's Pottage (later republished as The Burden of Empire and more recently as Ex America: the 50th Anniversary of the People's Pottage), which consisted of 3 essays: "The Revolution Was", "Ex America" and "The Rise of Empire"). Through these works, he questioned the aftermath of the Roosevelt administration and its impact on American society. In these works, he coined a phrase for a revolutionary methodology used by conservative thinking to understand the transformation of the old culture/regime: "revolution within the form." Garet Garrett died in 1954 at the age of 76.

Works

  • Where the Money Grows and Anatomy of the Bubble (1911)
  • (1921)
  • (1922)
  • (1923)
  • (1923)
  • (1926)
  • (1926)
  • (1928)
  • (1932)
  • "" (1938)
  • "Rise of Empire" (1941)
  • On the Wings of Debt (Economic Sentinel) (1943)
  • (1944)
  • (1953) (later reprinted as Burden of Empire: The Legacy of the Roosevelt-Truman Revolution and Ex America: the 50th Anniversary of the People's Pottage)
  • (1952)
  • The American Story (1955)
  • Salvos Against the New Deal: Selections from the Saturday Evening Post: 1933-1940, edited by Bruce Ramsey (2002)
  • Defend America First: The Antiwar Editorials of the Saturday Evening Post, 1939-1942, edited by Bruce Ramsey (2003)
  • A Bubble That Broke the World USA: New York: Cosimobooks, 188 pages.


External links

  • by Garet Garrett
  • Ayn Rand and Garet Garrett discussion at the Mises Institute
    Ludwig von Mises Institute

    The Ludwig von Mises Institute , based in Auburn, Alabama, is a right-libertarianism academic organization engaged in research and scholarship in the fields of economics, philosophy and political economy....