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| Author: | Lal, D. |
| Title: | In defence of empires |
| Journal: | Economic Affairs
2003 : DEC, VOL. 23:4, p. 14-19 |
| Index terms: | Economic development Free trade Government Liberalism Power |
| Freeterms: | Empires |
| Language: | eng |
| Abstract: | This paper argues the case of empires. They provided order in the nineteenth century. Their dissolution in the twentieth century resulted in global disorder. A blind spot in the classical liberal tradition was its assumption that international order would be a spontaneous by-product of limited government and unilateral free trade practised at home. Now, there is no alternative to US imperial power to supply the global pax. Whether the USA is willing to fulfill this role is an open question. |
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