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.
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 GilpinIn many societies the domestic social costs of adjustment to changing patterns of comparative advantage are believed to outweigh the advantages of further trade liberalization.
Robert GilpinThrough exploitation of its influence over global financial affairs, the United States has been able to cover the costs of its hegemonic position, preserve a false domestic prosperity, and mask the consequences of its relative political and economic decline.
Robert Gilpin