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.

A market is not politically neutral; its existence creates economic power which one actor can use against another.

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

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.

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.

Through 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.