Walton (1976), "Economic Change after the American Revolution: Pre- and Post-War Comparisons of Maritime Shipping and Trade," Explorations in Economic History 13: 397-422.Shepard, J. and Walton, G. (1976) Econo
Before the 2008global economic crisis, one of the most serious economic problems in the American economy was that of the twin deficits, an expression used to represent a situation in which the country simultaneously had a current-account deficit and fiscal deficit. Based on thenational accountident...
After the bombing of Pearl Harbor on December 7, 1941, President Franklin Roosevelt committed American forces to the Allied cause in World War II. February to October 1945: End of WWII World War II was an economic boon for the U.S. economy as thegovernment infusedtens of billions of dollar...
The Socialist-Liberal coalition government elected in 2002 introduced social-spending programs that created significant problems for the Hungarian economy. By 2006 Hungary had recorded the worst fiscal deficits of any country in the EU, forcing the Gyurcsány government to introduce austerity measures ...
As we’ve learned since the advent of the Industrial Revolution, there’s generally been a significant time lag between the broad acceptance of a major new transformative technology and its ensuing impact on industries and economies. After transitioning from the R&D labs to the marketplace, it ta...
The progressive era was the response of different groups to the problems that were caused by the rapid industrialization and urbanization that came after the Civil War. Some of these problems included the spread of poverty, the exploitation of labor, the breakdown of democratic government caused by...
became the first member of the US "Baby Boom" generation to receive a Social Security check. As more of the oldest Boomers reach that milestone, many will begin the process of retirement, some will encounter health problems, and ...
That said, globalization remains a potent force, and digital flows exert a larger impact on GDP growth than the trade in goods. The need, then, is for trade agreements that solve for today’s problems, not those of the last century. Specifically, that means enabling technological ...
US under Trump Series Trump’s global trade plans are in disarray, after a US court ruling on ‘Liberation Day’ tariffs Global Geopolitics Series Germany steps up to replace ‘unreliable’ US as guarantor of European security AI Revo...
In my opinion, after reading many articles that bought forward the many problems Cuba is to overcome, I feel that Cuba has a long way to go in terms of achieving economic prosperity. However, I also deeply believe that the leaders of both Cuba and the United States are paving the roads ...