The panic of 1837 affected<span> the nations </span>economy<span> by entering an </span>economic<span> depression where the business and unemployment fell to a very low level.</span>
Actually, these two novels could be said to express all of these themes and ideas. However, the authors of these two novels, F. Scott Fitzgerald and Ernest Hemingway, are considered by many critics, scholars, and historians to belong to what is known as "the lost generation" of American writers. Hemingway and Fitzgerald, in fact, have been considered to be the "leaders," in a sense, of the "lost generation" of American writers, especially given their mutual expression of purpose for the post World War I generation in their novels.
Despotism means the excersize of absolute power especially in a cruel or opressive way.
Thoureau wanted to poit to the fact that following traditions limits us and deprives us from developing our imgination. Thoreau, like other romantic authors, does not agree with tradition. He thinks it prevents people from finding true greatness and blocks their path to spirituality. "Castles in the air" are simply illusions by which people persuade themselves in something that is not true, in Thoureau's opinion.