There is a pressing need to integrate the study of international economics with the study of international politics to deepen our comprehension of the forces at work in the world.

The world economy diffuses rather than concentrates wealth.

The 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.

The clustering of technological innovation in time and space helps explain both the uneven growth among nations and the rise and decline of hegemonic powers.

In many societies the domestic social costs of adjustment to changing patterns of comparative advantage are believed to outweigh the advantages of further trade liberalization.

In the abstract world of American economists, equations run both ways; they believe that by changing the sign of a variable from plus to minus or from minus to plus or the price and quantity of x or y, the direction of historical movement can be reversed.

Specialization makes the welfare of the society vulnerable to the market and to political forces beyond national control.