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.

The opposing tendencies of concentration and spread are of little consequence in the liberal model of political economy.

Many critics see international trade as a form of cultural imperialism that must be strictly controlled.

Trade is the oldest and most important economic nexus among nations. Indeed, trade along with war ha been central to the evolution of international relations.

The historical record suggests that the transition to to a new hegemon has always been attended by what I have elsewhere called hegemonic war.

Liberal 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.

The competitive nation-state system, with all its capacity for good and evil, is spreading in the Third World and is transforming that world.