The EU stands at a crucial economic juncture. Economic growth in Europe's mature economies has stagnated, with productivity and other indicators of economic vitality showing poor results. Public debt is alarmingly high in several countries, and the region faces new fiscal demands due to an...

"The hegemonic transition between British world power and American was the most drawn-out in the history of the world-system, starting in 1861. After 1919, America competed successfully with Britain in three main technological arenas: international transportation, international communication,...