Der amerikanische Literaturwissenschaftler Hardt und der italienische Politik-Philosoph und -Aktivist Negri entwickeln in einer ziemlich hermetischen Sprache ein monumentales Bild der postmodernen Welt und Wirtschaft: die Welt auf dem Weg zu einem Empire, einem - durchaus nicht mit den USA...

We propose a simple model of the international monetary system. We study the world supply and demand for reserve assets denominated in different currencies under a variety of scenarios: a Hegemon vs. a multipolar world; abundant vs. scarce reserve assets; a gold exchange standard vs. a floating...

We propose a simple model of the international monetary system. We study the world supply and demand for reserve assets denominated in different currencies under a variety of scenarios: a Hegemon vs. a multipolar world; abundant vs. scarce reserve assets; a gold exchange standard vs. a floating...

Adam Smith proposed three contradictory theories of the British Empire in the Wealth of Nations. The first view holds that the empire was created for merchants eager to monopolize the colonial trade. Smith concludes that “Great Britain derives nothing but loss” from the colonies. In the...