The 2024 US presidential election will determine who will work with Congress to address three major fiscal issues: the expiration of key tax reforms from the 2017 Tax Cuts and Jobs Act (TCJA), the ongoing trade war with China, and the trajectory of the federal debt Vice President Kamala Harris...

Foreign trade and macroeconomic policies under a Harris administration would largely provide for continuity with the Biden administration, while policies under another Trump administration would have the potential to be highly disruptive Regardless of who becomes the next president, US...

The US is Germany's largest trading partner, accounting for 11 percent of German exports and 7 percent of imports in 2023. Services comprise nearly 50 percent of German imports from the US and 30 percent of exports to the US, underscoring their significance in bilateral trade Germany maintains a...

The world is in a period of profound political and economic disruption The outcome of the US presidential election has the potential to accelerate this or contribute to the construction of a reformed and more legitimate international order How competition between the US and China is managed will...

"Oligarchy is a threat to the republic. Joseph Fishkin and William Forbath show that, for most of US history, Americans saw the Constitution as responding to that threat by imposing on legislators a duty to break up oligarchy, block corporate political power, and ensure a broad distribution of...

The case study of United States shows that global economic processes significantly influence the location of manufacturing. Analysis of multidimensional data covering 1860-2010 shows several stylized facts. Intensity of U.S. involvement in global economy by set of indicators is characterized by...

Putnam (1995)'s seminal work was one of the first to describe the decline of social capital in the US after the 1960s, a period that saw a large increase in the flow of immigrants into the US. Using the Volunteer Supplement of the September Sample of the Current Population Survey (CPS) between...

This paper aims to shed light on the importance of health considerations for business cycle fluctuations and the effect of health status on labor productivity and availability of labor input for productive use. To this end, Grossman's (2000) partial-equilibrium framework with endogenous health...

Althusser's pioneering concept of "ideological state apparatuses" is extended to the unique role of consumerism as a particular ideology enabling and supporting U.S. capitalism. It is argued that rising levels of worker consumption have functioned effectively to compensate workers for (and...

We argue that previous research on time devoted to child care has devoted insufficient attention to the definition and conceptualization of care time. Three separate problems are evident. First, the conventional focus on explicit activities with children distracts attention from the larger...