In all ages, nations and powers have striven to attain to the dominion of the world, but hitherto not one of them has erected its power on so broad a foundation [as industry, commerce, and navigation]. How vain do the efforts of those appear to us who have striven to found their universal dominion on military power... -from "Chapter 33: The Insular Supremacy and the Continental Powers-North America and France" One of the most prominent economic philosophers of the 19th century, on a par with-but espousing quite different thinking than-Karl Marx and Adam Smith explores, in the three-volume National System of Political Economy, a reasoned doctrine of national and pan-national management of trade, a global collaboration between government and business. Volume 3 explores the economic and political systems that nurture ascendant nations in their global sovereignty. A close reading of this 1841 classic is an absolute necessity for anyone who hopes to understand world economic...