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…

- Robert Gilpin

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

- Robert Gilpin

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

- Robert Gilpin

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

- Robert Gilpin

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

- Robert Gilpin

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

- Robert Gilpin

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

- Robert Gilpin

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

- Robert Gilpin

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

- Robert Gilpin