Adolph Lowe, “The Trend in World Economies”

Public discussion of the economic future of the world is in full swing. After a period of gestation devoted to sweeping  generalities and utopian blueprints for a world economy in the literal sense, we have now entered the realistic phase of planning for the immediate post-war period. Projects for currency stabilization, for relief and rehabilitation, for the development of backward areas, for reform of the commercial regimes follow one another in rapid succession. And it is no longer the exclusive privilege of private observers free from political responsibility to vent their opinions. The governments themselves of the leading United Nations have not only issued concrete plans of their own but are already negotiating about their application.

Source: The Journal of Economics and Sociology 3. 3 (Apr. 1944): 419-433

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