10-8-95. NYPaper: "Foreign Policy 3.1. Microsoft as World Power." [Foreign affairs column] Does Microsoft have a foreign policy? Mr. Ballmer says Microsoft doesn't have a foreign policy per se. But it does have a global business agenda. Since Microsoft today has twice the market value of General Motors, it's worth looking at that agenda because it is bound to influence U.S. foreign policy. Microsoft doesn't need Washington to open doors for it because foreign governments are begging Microsoft to come in and translate Windows 95 into their languages, so they can get on the information highway. Describing his contacts with foreign leaders, Mr. Ballmer put it this way: "People say, 'You have this technology. We hear it's changing the world. Tell us how it can help us.' " 10-7-95. The Econofog: "The myth of the powerless state." [lead for a superb 40- page survey of the world economy] The increasing "globalisation" of the world economy is a fact, and one that nobody can ignore. To many, however, one aspect of this change is especially important: its effect on "economic sovereignty". They claim that global integration is emasculating the modern state. If the number of believers is any guide, these views are appealing. Yet the new orthodoxy is wrong. The world has changed, the global economy has indeed arrived: nonetheless, the emasculated state is a myth. Micro and Macro: FOR_who (19 kb)