Despite its increased dependence on the international economy, America continues to behave as if it were either a closed economy or the leader whom everyone else should automatically follow.
Robert GilpinThe economic success of the Reagan Administration was largely dependent upon the pyramiding of massive debt and the siphoning of capital from the rest of the world.
Robert GilpinThe multinational corporation and international production reflect a world in which capital and technology have become increasingly mobile, while labor has remained relatively immobile.
Robert GilpinLiberal economists conceive of societies as black boxes connected by exchange rates; as long as exchange rates are correct, what goes on inside the black box is regarded as not very important.
Robert Gilpin