How Far Will International Economic Integration Go?
推测100年后世界经济的走向，认为市场扩张受制于国家边界，国家主权严重限制国际经济一体化，并预测民族国家体系将消失，被全球联邦制取代。
This article speculates about the future of the world economy 100 years from now. It argues that the spread of markets is restricted by the reach of jurisdictional boundaries, and that national sovereignty imposes serious constraints on international economic integration. The political trilemma of the world economy is that international economic integration, the nation-state, and mass politics cannot co-exist. We have to pick two out of three. The article predicts that it will be the nation-state system that disappears, with global federalism taking its place.