The World in Depression, 1929–1939

"Kindleberger has written perhaps the finest analytical account of the run-up to the Great Depression and the ensuing run-down from it into mild recovery and eventual world war. . . . [This] brilliant book remains a carefully documented admonition to our leading spirits to 'look to the ends' of what they are currently about."

— Times Literary Supplement

"Kindleberger takes Us through the depression decade year by year, dealing with investment, trade, money and security markets, and gold movements in the United States and Western Europe. The book is crammed with judicious insights concerning the motivations of the principal actors, insights based on memoirs as well as the works of eco- nomic historians. This is a work by an economist for historians, and historians will benefit greatly. There is not a single equation in the book, and the charts and tables are accessible enough for the most nonquantitative among us."

— American Historical Review

"This book fills a gap in the economic literature. There exists many mongraphs on the depression in particular countries and on special aspects, but I do not know of any book on the Great Depression, with the accent on its world-wide scope, that applies modern trade and macroeconomic theory. The book's style is lively, the narrative flows quickly; it is C.P. Kindleberger at his best."

— Journal of Economic Literature

"Certainly this volume sets the high standard we have come to expect from its author. . . . This is an interesting book not just because of Professor Kindleberger's clarity of style but also because he asks challenging and pertinent questions. His answers to these questions are always interesting."

— History