"When Jean Monnet proposed the first integrative steps for Europe to take, he was thinking of creating a powerful economic instrumentality that would contend on equal terms with the then superpowers, the United States and the Soviet Union.  Now, if Europe and America pursue the closer economic union that Angela Merkel envisions, Europe can think of a new united West which can deal on equal terms with a rising but disunited East." 

"As the American political system hurtles toward its quadrennial encounter with the oracle of democracy, it is worth our while to take stock of the country's place in a world beset by bewilderingly rapid change. (Heaven knows none of the candidates will bother to do this.) I want to suggest that an old yet generally neglected subject remains particularly relevant: the relationship between the size of political units and the effective scale of systems of economic production and exchange. Another way to describe this relationship is by recourse to the hoary scholarly phrase "political economy", a term of art that has unfortunately gone out of style...."