Ein Vergleich der Arbeits- und Lebensbedingungen in den USA und in Deutschland im Jahr 2022 zeigt, dass Deutschland bei einer Vielzahl von Indikatoren besser abschneidet als die USA. Gemessen werden die Arbeits- und Lebensbedingungen anhand von zwölf Dimensionen unter Rückgriff auf über 80...

We explore the exercise of power in perpetuating status quo institutions. We give empirical examples of the economic importance of power and offer a definition of this elusive term. We then investigate the role of power in a modern capitalist economy, borrowing ideas from the classical...

Within the course of the 20th century the American population went through a metamorphosis from being the tallest in the world, to being among the most overweight. The American height advantage over Western and Northern Europeans was between 3 and 9 cm in the middle of the 19th century....

The United States has policed the multinational effects of multinational corporations more aggressively than any other coun-try, but recent decisions under the Alien Tort Statute indicate that it is now backtracking. Europe, paradoxically, is moving in the other direction. Why do some countries...

Both sides in the U.S. Civil War financed military spending by issuing new fiat currencies. The Union “greenback” underwent moderate inflation (by wartime standards), but the Confederate “grayback” suffered hyperinflation. Existing explanations for these price movements typically treat...