"In his famous 1987 monograph, Robert Lucas argued that further stabilizing the business cycles that persisted in the post-War era was pointless, because these cycles had a negligible effect on societal well- being. In particular, Lucas demonstrated that society should be willing to pay only a...

This paper compares living and working conditions in the U.S. and Germany for the year 2022 with a focus on economic, social and environmental standards. Twelve dimensions of comparison are used, split into 15 themes, which are examined with 80 indicators. Subjective indicators based on polls or...