The economics of Planning drew directly upon the lessons of the 1930s—a successful strategy for post-war recovery must preclude any return to economic stagnation, depression, protectionism and above all unemployment. The same considerations lay behind the creation of the modern European welfare state. In the conventional wisdom of the 1940s, the political polarizations of the last inter-war decade were born directly of economic depression and its social costs.
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About Tony Judt
Tony Judt was a 20th-century English historian. Tony Robert Judt was an English historian, author, essayist and professor who specialised in European history. Judt moved to New York and served as the Erich Maria Remarque Professor in European Studies at New York University and director of NYU's Remarque Institute. Read more on Wikipedia →