Deepak Lal

The Impact of Factor Endowments, Culture, and Politics on Long-Run Economic Performance (Ohlin Lectures)

Unintended Consequences

In this timely and controversial book, economist Deepak Lal explores the twin themes of empires and globalization and discusses the place of the US in the current world order. Lal argues that not since the fall of the Roman empire has there been a potential imperial power like the United States today, and asks the question: Is a US imperium needed for the globalization which breeds prosperity? What form should this empire take? Would US domestic politics support this? Would the US tendency to see itself as a moral nation pursuing "universal values" such as democracy, equality and rights run into resistance from other non-western Christian societies? The US has already faced hostile coalitions. What is the history and nature of resistance to US hegemony? Lal explores the Islamic threat to the position of the US and the current "war on terror."

Globalization and Order

In Praise of Empires

This is a collection of essays from the classical liberal perspective on the social problems besetting Britain today, and why we have failed to address them.

The Retreat from Classical Liberalism

Lost Causes

the case for classical liberalism in the twenty-first century

Reviving the invisible hand

Naomi Mitchison

Brian Johnson

John Ellis

Elizabeth Young

Richard William Johnson

Laurence Whitehead

Nicholas Falk

David Edward Charles Eversley

David Bleakley

Jim Skinner

Rupert Greer

Society of Labour Lawyers. Housing Group

Haris Martinos

An Anti-white Paper

Defence Review

Development Economics

New Economic Policies for India

The Economic Welfare Effects of the World Bank-World Health Organisation Global Crusade Against Tobacco

Smoke Gets in Your Eyes

Today’s international climate is one of disorder. A League of Dictators (China, Russia, Iran) is threatening the superpower status of the United States of America, and the liberal international order it has underwritten. A piecemeal Third World War seems to have begun. Eminent economist Deepak Lal argues that the global financial crisis was the proximate cause for a revanchist China and Russia believing that the liberal economic order promoted by the US was on its deathbed, and their illiberal systems were the future. But Lal argues that reports of the economic woes of the US are greatly exaggerated—as are those of China’s prospects and Russia’s power. With a new regime, and the US’ continuing overwhelming economic and military strength, it can maintain its global hegemony by challenging the League of Dictators. India is increasingly a partner in this effort to maintain a liberal global order, by helping contain China’s burgeoning influence.

The Struggle for World Power

War or Peace

Reviving the Invisible Hand is an uncompromising call for a global return to a classical liberal economic order, free of interference from governments and international organizations. Arguing for a revival of the invisible hand of free international trade and global capital, eminent economist Deepak Lal vigorously defends the view that statist attempts to ameliorate the impact of markets threaten global economic progress and stability. And in an unusual move, he not only defends globalization economically, but also answers the cultural and moral objections of antiglobalizers. Taking a broad cross-cultural and interdisciplinary approach, Lal argues that there are two groups opposed to globalization: cultural nationalists who oppose not capitalism but Westernization, and "new dirigistes" who oppose not Westernization but capitalism. In response, Lal contends that capitalism doesn't have to lead to Westernization, as the examples of Japan, China, and India show, and that "new dirigiste" complaints have more to do with the demoralization of their societies than with the capitalist instruments of prosperity. Lal bases his case on a historical account of the rise of capitalism and globalization in the first two liberal international economic orders: the nineteenth-century British, and the post-World War II American. Arguing that the "new dirigisme" is the thin edge of a wedge that could return the world to excessive economic intervention by states and international organizations, Lal does not shrink from controversial stands such as advocating the abolishment of these organizations and defending the existence of child labor in the Third World.

The Case for Classical Liberalism in the Twenty-first Century

Reviving the Invisible Hand

Deepak Lal

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