A World in Debt - Freeman Tilden (1983 Edition)

First published in 1935–1936 at the height of the Great Depression, this is a powerful, eloquent, and still highly relevant critique of the debt-based economic system. Tilden argues that “credit is debt” and explores how excessive debt and credit expansion lead to booms, busts, and societal strain—drawing on classical sources from Aristotle, Rome, and more, all in clear, non-technical language. This hardcover edition offers deep historical insight into monetary policy, public debt, individual vs. government roles as debtors/creditors, and the long-term consequences of living in a “world in debt.” It’s considered a forgotten gem by many economists and remains eye-opening today amid modern debt discussions. The book has almost no wear, I can send more photos if needed.