The dreams of "leaving it up to the market" or of returning to a politically neutral gold standard cannot succeed because the nature of the monetary system has a profound impact on the interests of powerful groups and states. Affected groups and states will always try to intervene in the operation of the system to make it serve their interests.

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.

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

I was certain that I was not a Marxist, but I did believe firmly that a connection between economics and politics existed.

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

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.

Among the many factors that make a return to halcyon days of the first decades of the postwar era virtually impossible is the decline of clearly defined political leadership.