NEW PUBLICATION.

oPartners in Prosperity: The Changing Geography of the Transatlantic Economyo.

This study, by Daniel S. Hamilton and Joseph P. Quinlan shows that despite transatlantic tensions, Europe and the United States are more integrated than ever. Are Europeans and Americans headed for divorce? Hamilton and Quinlan argue that this would be a disaster for a very simple reason: we can't afford it. The authors offer a comprehensive look at the forces driving the transatlantic economy: despite tensions over Iraq, 2003 was a record-breaking year for transatlantic profits; despite talk of "outsourced" jobs, America enjoys a "million worker surplus" with Europe; Europe accounts for two-thirds of the 6.4 million jobs "insourced" to the US from abroad; there is more European investment in Texas alone than all US investment in Japan and China combined. Texas is the top investment target for European companies and the top target for French...