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Garet Garrett

Old Right




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Garet Garrett (1878–1954), was a leading conservative economics writer of the 1920s and 1930s, and a spokesman for the Old Right. He wrote for the financial press, and for the popular press, especially the leading magazine of the day, The Saturday Evening Post, which he edited in 1940-41.


A Bubble that Broke the World (1932) blames the Wall Street Crash of 1929 on runaway speculation fueled by overextended credit; he blamed the Federal Reserve. He was self-educated, having left school after third grade.

Garrett was a vocal opponent of the New Deal, as represented in hundreds of essays and his 1955 book, The People's Pottage.

Garrett was an isolationist and opposed going to war in Europe.


Garrett's 1922 novel features Henry Galt, a Wall Street financier, a shadowy figure who stays out of the limelight as much as possible until he unleashes a plan that had been years in the making: he uses his extraordinary entrepreneurial talent to acquire control of a failing railroad. Henry Galt resembles John Galt, the central figure of Atlas Shrugged, a 1957 novel by Ayn Rand[1] The Cinder Buggy (1923), his longest novel, chronicles the transformation of America from the age of iron to the age of steel.


  1. See The Driver (1922) online

External links

Further reading

  • Garrett, Garet. Defend America First: The Antiwar Editorials of the Saturday Evening Post, 1939-1942, (2003). excerpt and text search
  • Garrett, Garet. A Bubble that Broke the World (1932) full text online
  • Ryant, Carl. Profit's prophet: Garet Garrett (1878-1954)‎ (1989), 128pp
  • Tucker, Jeffrey A. "Who Is Garet Garrett?," Mises Daily 10/25/2007 online