Globalization

Interview on The Second World (WTOP Radio, DC)

Author Parag Khanna discusses foreign affairs and his new book, "The Second World," with WTOP Radio in Washington, DC. Please find the transcript below, and audio of the interview linked as an attachment at the bottom of the page. Visit WTOP.com for more news.

WTOP: A lot of people call the United States the last remaining superpower. But what if there are others, all fighting for the… more

"The purpose of studying economics is not to acquire a set of of ready-made answers to economic questions, but to avoid being deceived by economists."-- Joan Robinson, Cambridge University

On page one of The Wealth of Nations, Adam Smith illustrates the central principle of his economics with an example taken from, in his words, a "very trifling manufacture": the making of pins. Smith goes to some effort to describe the process. "One man draws out the wire," he writes, "another… more