“What Asia's postwar economic miracle demonstrates is thatcapitalism is a path toward economic development that is potentiallyavailable to all countries. No underdeveloped country in theThird World is disadvantaged simply because it began the growthprocess later than Europe, nor are the established industrial powerscapable of blocking the development of a latecomer, providedthat country plays by the rules of economic liberalism.”

“In a perfect world what poor countries at the lowest rungs of economic development need is not a multi-party democracy, but in fact a decisive benevolent dictator to push through the reforms required to get the economy moving”

“free trade economists have argued that the mere co-existence of protectionism and economic development does not prove that the former caused the latter. This is true. But I am at least trying to explain one phenomenon - economic development-with another that co-existed with it - protectionism. Free trade economists have to explain how free trade can be an explanation for the economic success of today's rich countries, when it simply had not been practised very much before they became rich.”

“The only long-term, high-confidence strategy for the world not to be overwhelmed by terrorism is for economic development to go so well that terrorists have no place to incubate or hide...Perhaps the easy step is for the United States to give recognition to poor countries that make the needed changes by themselves. Thus part of the U.S. strategy for global economic development should be "inclusion", rather than the "preemption" and "intervention" of the fight against terrorism.”

“Whatever Americans fondly believe, their government has always had its fingers in the economic pie. What distinguishes the USA from every other developed country has been the widespread belief to the contrary.”

“Europe, it is true, is a geographical and, within certain limits, an historical cultural conception. But the idea of Europe as an economic unit contradicts capitalist development in two ways. First of all there exist within Europe among the capitalist States – and will so long as these exist – the most violent struggles of competition and antagonisms, and secondly the European States can no longer get along economically without the non-European countries. ... At the present stage of development of the world market and of world economy, the conception of Europe as an isolated economic unit is a sterile concoction of the brain. ...And if the idea of a European union in the economic sense has long been outstripped, this is no less the case in the political sense.....Only were one suddenly to lose sight of all these happenings and manoeuvres, and to transfer oneself back to the blissful times of the European concert of powers, could one say, for instance, that for forty years we have had uninterrupted peace. This conception, which considers only events on the European continent, does not notice that the very reason why we have had no war in Europe for decades is the fact that international antagonisms have grown infinitely beyond the narrow confines of the European continent, and that European problems and interests are now fought out on the world seas and in the by-corners of Europe.”