Spain 1923-1948, Civil War & World War was originally published in England, 1948 to add context to the conduct of Spain under Franco during the Spanish Civil War. Arthur Loveday targeted the British political consciousness with the chief aim of helping Spain's entry into the post-war NATO Allied framework.

Loveday depicts Franco as the unifying force behind a coalition of formerly left leaning Falangists and largely monarchist Requetes. According to Loveday, the Falange was gradually purged of its most ideological members during the World War. Spain is presented as having successfully distanced itself from the shadow of Fascism. Loveday's portrait of Franco's reactionary Spain appealed to Britain's desire for allies in the early years of what would become the Cold War.

Loveday's work is a well-sourced and even-handed account of Spain's political and economic development in the early part of the 20th century. Spain 1923-1948, Civil War & World War is a necessary addition to the library of every scholar of mid-century European history.