In many societies the domestic social costs of adjustment to changing patterns of comparative advantage are believed to outweigh the advantages of fu….

Structuralism argues that a liberal capitalist world economy tends to preserve or actually increase inequalities between developed and less developed….

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

Liberal economists conceive of societies as black boxes connected by exchange rates; as long as exchange rates are correct, what goes on inside the b….

These two opposed forms of social organization, the modern state and the market, have evolved together through recent centuries, and their mutual int….

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

Despite its increased dependence on the international economy, America continues to behave as if it were either a closed economy or the leader whom e….

The economic success of the Reagan Administration was largely dependent upon the pyramiding of massive debt and the siphoning of capital from the res….

The parallel existence and mutual interaction of "state" and "market" in the modern world create "political economy"; without both state and market t….

Through exploitation of its influence over global financial affairs, the United States has been able to cover the costs of its hegemonic position, pr….

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

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

One reason for the primacy of the market in shaping the modern world is that it forces a reorganization of society in order to make the market work p….

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

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 defi….

There is a pressing need to integrate the study of international economics with the study of international politics to deepen our comprehension of th….

The multinational corporation and international production reflect a world in which capital and technology have become increasingly mobile, while lab….

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

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 fro….

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

In short, the elimination of the financial legacy of Reaganomics could force the United States to make some exceptionally difficult choices indeed..