According to official statements, the main purpose of the Quadrilateral Security Dialogue ("Quad") is to intensify cooperation between the four partner countries - Australia, India, Japan and the United States - in tackling urgent challenges in the Indo-Pacific region. These include climate...

Can people develop trust in Artificial Intelligence (AI) by learning about its developments? We conducted a survey experiment in a nationally representative panel survey in the United States (N = 1,491) to study whether exposure to news about AI influences trust differently than learning about...

In recent years, major exporting economies experienced rising geopolitical risk. From the perspective of the US and the euro area, we employ detailed product data panels to study the consequences of trading-partner geopolitical risk shocks on bilateral imports. We find that these shocks lower...

This study examines the declining usage lifespan of household consumer durables in the United States between 1970 and 2018, situating the phenomenon within a heterodox political economy framework. While mainstream economic narratives attribute the rising rate of consumer durable waste over this...

We study how Europe could replace US support for Ukraine both (i) financially, in terms of the fiscal effort required, and (ii) militarily, in terms of weapon production. Financial effort: The financial challenge of replacing US aid is limited. Currently, European governments are spending just...

An early analysis of the imperialist implications of the surge of global commodity prices was conducted in 2014 by Jonathan Nitzan and Shimshon Bichler. However, their analysis did not consider how the US monetary and fiscal expansionist policies have contributed to the rise of global commodity...

Can people develop trust in Artificial Intelligence (AI) by learning about its developments? We conducted a survey experiment in a nationally representative panel survey in the United States (N = 1,491) to study whether exposure to news about AI influences trust differently than learning about...

On 8 December 2024, the Assad regime in Syria was overthrown by a rebel alliance led by Hay'at Tahrir al-Sham (HTS). The collapse of the family dictatorship was made possible by shifts in regional and international power dynamics. Key factors included Turkish support for the rebels, the...

The techno-geopolitical rivalry between China and the United States has intensified in recent years. Turkey's souring relations with the US over the past decade has prevented the former from reaping the spoils of the Sino-US tech war as an American ally. Ankara has its own ambitions in the...

Greater Asia is emerging as a major factor in the global energy transition. This shift is associated with growing independence from external actors such as the European Union and the United States, with unfolding developments increasingly concentrated within the region itself. Key trends include...

Apart from several infrastructure projects which ultimately failed, and a surprise visit by the icebreaker Xuelong off the Greenlandic capital, Nuuk, the People's Republic of China has long maintained a cautious and reserved presence in the Arctic in the shadow of Russia and its fleet of...

On 8 December 2024, the Assad regime in Syria was overthrown by a rebel alliance led by Hay'at Tahrir al-Sham (HTS). The transitional government under Ahmad al-Sharaa now faces enormous economic, social and political challenges. It has yet to establish control over the country as a whole; and...

According to the US government, the Russian government is developing a programme to arm some of its satellites with nuclear warheads. Should the Kremlin acquire this capability, it could destroy key parts of the civilian satellite infrastructure by detonating a single nuclear weapon in low Earth...

Ankara's "techno-nationalist" policies aim to place Turkey among the innovation leaders of the 21st century. The country has already achieved notable progress in its defence industry, launched its own EV brand and is preparing a space mission. But creating "native and national" (yerli ve milli)...

Using data from the Current Population Survey (CPS) for 1994-2023, we show that the union wage mark-up for immigrants averages about 0.1 log points, 0.04 log-points less than that for natives. Therefore, unionization is less beneficial for immigrants than natives in the United States. The...

This paper tries to answer the question: in what ways does the logic of capital accumulation shape the organization of hospital care in the US - a sector characterized by a preponderance of both public and private "not-for-profit" institutions? Rather than taking different hospital ownership...

A good way to think about human history is that it has two distinct scales. On the small scale we have the churn of daily events — the stuff of endless individual exploits. And on the large scale, we have the long-term evolution of human societies — a scale so sweeping that the actions of...

For decades, the word ‘fascist’ existed solely as a hyperbole — a term meant to insult rather than describe. But lately, politics have grown so hyperbolic that the label looks increasingly sincere. For example, when a powerful man advocates far-right politics and brazenly performs Nazi...

In my last post, ‘The Half Life of Empire’, I charted the rise and fall of the British and US empires, as measured by their share of world energy use. Afterwards, several readers requested that I apply the same methods to the rise and fall of the Soviet Union. Here’s my attempt to do so.

Since the beginning of US President Donald Trump's second term in early 2025, not only US development policy but the entire international development cooperation landscape has fundamentally changed. The United States - previously by far the leading actor in global development cooperation - has...

This note provides extensive evidence on the persistence properties of real GDP in 17 European countries and in the US over the period 1960-2023 using a fractional integration framework. The analysis suggests that in all cases shocks have permanent effects on the level of real GDP. This is...

This study presents novel deep neural networks (DNNs) that integrate a thorough data preparation process, including dollar bar sampling, trend scanning labeling, and piecewise aggregate approximation (PAA), to extract features for predicting the directional returns of leading technology stocks...

Existing evidence points to a positive correlation between specific regulations and income inequality at a country or regional level, but little is known about how overall regulatory burden affects inequality at the local labor market level. Our study fills this gap by measuring local exposure...

This study endeavors to explore the shock-transmission mechanism between Trade Policy Uncertainty (TPU) and the volatility inherent in the Gulf Cooperation Council (GCC) Islamic stock markets by employing the novel Quantile Vector Auto Regression (QVAR) with "Extended Joint" and "Frequency"...

The 1924 Immigration Act excluded immigrants from economically developing countries to the point of their near total exclusion. Forty years later, the 1965 Immigration and Nationality Act eliminated most discriminatory county-of-origin barriers. America's doors opened and immigration from...

The dominant role of the US dollar as a global currency allows the Federal Reserve's monetary policy to significantly influence economic and financial dynamics in other countries through mechanisms such as exchange rates, interest rates, and capital flows. This paper examines how shifts in the...