“Both the existence of these parallels and their tragic nature would not have escaped Charles Kindleberger, whose World in Depression, 1929-1939 was published exactly 40 years ago, in 1973. Where Kindleberger’s canvas was the world, his focus was Europe. While much of the earlier literature, often authored by Americans, focused on the Great Depression in the US, Kindleberger emphasised that the Depression had a prominent international and, in particular, European dimension. It was in Europe where many of the Depression’s worst effects, political as well as economic, played out. And it was in Europe where the absence of a public policy authority at the level of the continent and the inability of any individual national government or central bank to exercise adequate leadership had the most calamitous economic and financial effects.”

Source: The Memoirs of Herbert Hoover: The Great Depression, 1929-1941 (1952), p. 2: Lead paragraph Chapter 1 : The origins of the Depression.

Source: The Ideology of Fascism: The Rationale of Totalitarianism, (1969), p. 356

"Recession"
The Doubter's Companion (1994)

Source: Fight Club

Voices in the Wilderness The Guardian (Saturday 28 September 2002).

Source: Fight Club

Overqualified

The Future of Civilization (1938)
Context: We see the world as it is now, after these defeats of the League, and we can compare it with what it was six or seven years ago. The comparison is certainly depressing; the contrast is terrible. And we have not yet reached a time when we can estimate the full material losses and human suffering which have been the direct result of the ambitions of one set of powers and the weakness of the others. Nor is there any purpose in attempting to do so. Let us, rather, examine where we now stand and what steps we ought to take in order to strengthen the international system and thrust back again the forces of reaction.
In the first place, let us admit that the first ten years of the League were in a sense unnatural. The horror of war to which I have already alluded was necessarily far more vivid than it can be expected long to remain. That tremendous argument for peace, the horror of war, was a diminishing asset. Most of us, at that time, were, I think, quite well aware that unless we could get the international system into solidly effective working order in the first ten years, we were likely to have great difficulties in the succeeding period, and so it has proved.

Source: Choice Theory (1997), p. 85