“Some economists believe that the Great Depression of the 1930s was aggravated by bad monetary policy and lack of American leadership. Britain was too weak to maintain an open international economy, and the United States was not living up to its new responsibilities.”

—  Joseph Nye

Source: Understanding International Conflicts: An Introduction to Theory and History (6th ed., 2006), Chapter 7, Globalization and Interdependence, p. 218.

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Joseph Nye 27
American political scientist 1937

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