Economics, said Mr Stanley, is 50% psychology … What we need, apparently, is not statesman but hypnotists, not scientists, but witchdoctors, not confidence born of scientific prediction of the future, but confidence created by a political Confidence Trick. There is nothing surprising in this. It is the kind of mystic Mumbo-Jumbo to which capitalism is driven when austere reason pronounces sentence of death upon it. It is the primitive recoil from reality and the burdens of reality which lies at the root of Fascist psychology.

Tribune, 5 November 1937