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Robert Gilpin Quotes: 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.
         

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.


Robert Gilpin
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Other quotes of Robert Gilpin


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

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



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

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



The parallel existence and mutual interaction of "state" and "market" in the modern world create "political economy"; without both state and market there could be no political economy.

The parallel existence and mutual interaction of "state" and "market" in the modern world create "political economy"; without both state and market there could be no political economy.



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.

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.

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



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

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



The multinational corporation and international production reflect a world in which capital and technology have become increasingly mobile, while labor has remained relatively immobile.

The multinational corporation and international production reflect a world in which capital and technology have become increasingly mobile, while labor has remained relatively immobile.



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

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



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

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



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.

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.





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This page presents the quote "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.". Author of this quote is Robert Gilpin. This quote is about important, connected, long, goes on, boxes, black,.