Beschreibung
THE NEW DEAL WITH MEPHISTOPHELES: HEADING FOR DISASTER, Alexander Jay Bruen Jr., hardcover, first edition (self-published), 1935. BOOK CONDITION: very good. The text block is in fine condition, with no tears, dogears, or marks. Pages are age-toned. No bookplate or signature of a prior owner. Not a library book or remainder. The black cloth boards are in good condition (some smudges and spots, bumped corners, some wear on the title/author info printed on paper and attached to spine). 8 ¼ x 5 ½, 86 pages, 10 ounces XX Alexander Jay Bruen Jr, a great-great-grandson of John Jay (first chief justice of the Supreme Court of the United States), was born in 1910 and died in 1991, with his burial in the John Jay cemetery (Rye, Westchester County, New York). (From the text) The new deal which plans to obtain prosperity by extravagant spending and consumption of wealth is not an exception. The patrons of this new deal, like their prototype Faust, entirely disregard the warnings of the wise men of all ages. St. Paul has told us, If a man strive for masteries, yet is he not crowned, except he strive lawfully." But the patrons of this new deal strive to master the economic condition of society in direct violation of the laws of political economy. Lord Bacon has said, Nature is only to be commanded by obeying her. But they seek to wrest from Nature her fruits while disobeying the laws which she has prescribed for the earning of those fruits. And Machiavelli has warned that men in their small wisdome begin a thing, when there because it hath some favour of good, discovers not the poyson that lurkes there- under. But they have begun a programme of spending wealth, of borrowing and confiscating and spending wealth, without considering what will be their state when all is spent, without reflecting that they may later be pressed to repay what they have borrowed, and without conceiving that they may, sooner than they imagine, exhaust the source of their spending, the source of wealth itself. For the patrons of this new deal, like Faust, are not to be dissuaded by warnings. Like Faust, they shall have their good time while it lasts regardless of future consequences; and only after having spent all the wealth within their reach will they find that they have laid waste their estate, will they realise that they have made themselves bankrupt, poverty-stricken, and destitute. In truth, the basis on which the scheme of spending in order to bring back prosperity is founded is a misunderstanding of the causes of economic depression and of the conditions requisite for economic prosperity. It is supposed by advocates of this scheme that economic depression is caused by over-production, falling prices, and curtailed expenditure; whereas economic depression is in actuality caused by over-consumption, unbalanced trading, and prodigality. Bestandsnummer des Verkäufers 002533
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