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The Incredible Bread Machine by Susan Love Brown, Karl Keating, David Mellinger, et al.
The Incredible Bread Machine by Susan Love Brown, Karl Keating, David Mellinger, et al.
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The Incredible Bread Machine
by Susan Love Brown, Karl Keating, David Mellinger, et al.
A Study of Capitalism, Freedom, and the Consequences of Economic Intervention
🍞 THE BREAD MACHINE VS. BURNT TOAST
A classic defense of free-market capitalism that vividly illustrates how government intervention—from credit expansion to price controls—disrupts the "incredible bread machine" of the economy, resulting in what the authors call "burnt toast."
Extended Synopsis
In The Incredible Bread Machine, a collaborative team of scholars provides a compelling and accessible critique of government overreach in the American economy. The authors utilize the metaphor of the "bread machine" to describe the inherent efficiency and self-regulating nature of capitalism. Conversely, they define interventionist policies—such as credit expansion and price controls—as a "no-dough" strategy that inevitably leads to "burnt toast": runaway inflation, business recessions, and planned chaos.
The text warns of a "hand-to-mouth" economy where industrial progress slows from a run to a crawl under the weight of ever-tightening bureaucratic controls. Drawing on historical insights and economic theory, this work explores how the loss of economic freedom facilitates the rise of permanent "emergencies" used to justify wider government powers. It remains a foundational text for understanding the dynamics of market systems and the unintended consequences of centralized planning.
Author Information
The authors—Susan Love Brown, Karl Keating, David Mellinger, Patrea Post, Stuart Smith, and Catriona Tudor—represent a diverse group of researchers and advocates for individual liberty. Originally published through World Research Books, their collective work has served as a pivotal educational resource for generations of students exploring the moral and practical superiority of free-market systems.
Reader Targeting
- Economics Students: Individuals studying American economic history and the comparative analysis of market systems.
- Policy Analysts & Advocates: Readers interested in the long-term effects of price controls and monetary expansion on national stability.
- Financial Literacy Seekers: Anyone looking for a clear, metaphorical breakdown of how inflation and regulation impact daily life and business.
Scholarly Insights
- Examines the psychosomatic and systemic impact of persistent inflation on a nation's "industrial pace."
- Details the transition from a robust, free-running economy to a stagnant, regulated environment.
- Provides a rigorous framework for identifying the early signs of "planned chaos" within democratic institutions.
Product Specifications
| ISBN-13: | 9780378039826 |
| ISBN-10: | 0378039822 |
| Publisher: | World Research Books |
| Binding: | Paperback (3rd Edition) |
| Publication Date: | 1975 |
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