The Tyranny of Empire: Another View of Development
The United States has had two empires. Under the first, from roughly 1950 to 1980, it was too busy to bother controlling the policies of the developing world. Under this regime, poorer countries did relatively well. In the second empire, which has reigned since then, it has felt obliged to set those policies, and poorer countries have done relatively poorly. Is there a connection? Yes, says this specialist from MIT.