U.S Custom House.

Lessons from Early America’s Tariff Wars

The 1790s debate shows that, even when they aim at moral goods, tariffs abet cronyism and corruption.
City workers get their lunch at the Horn & Hardart automat in New York City, ca 1940.

Choice and Its Discontents

Today no one on either side of the political spectrum would present themselves as an enemy of choice. Sophia Rosenfeld exposes the complex legacy of this idea.
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Tax Season and the Making of the American Fiscal State

As Americans file their taxes this tax season, the Trump administration threatens to unravel the modern fiscal state.
Chinese migrants wrapped in blankets on a beach, from the cover of "Camp of the Saints."
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Mutant Capitalism

How the dystopian visions of the nativist right are in keeping with a long tradition of neoliberal ideology.
A political cartoon of Benjamin Harrison and Grover Cleveland emptying the U.S. treasury.

Radical Tariffs Aren’t New, But They Have Been Disastrous

An American story.
Elon Musk holds a chain saw as he shakes hands with Argentine president Javier Milei at the Conservative Political Action Conference.

The Method in the Far Right’s Madness

How today’s far right manages to combine the call for economic freedom with pseudoscience about natural hierarchies of race and IQ.
A drawing of human eyes behind a variety of consumer goods, including milk, shoes, and toothpaste.

The Surprising History of the Ideology of Choice

How endless options became our only option.
Woodrow Wilson and William Jennings Bryan

American Populists Used to Run Against Tariffs. It Could Happen Again.

William Jennings Bryan stoked a worker revolt against protectionism that led to the first income tax.
Headshots of Charles Murray, Friedrich Hayek, and Elon Musk in front of a red backgrounds.

Free Markets and Fixed Natures

How neoliberals fell in love with “human nature”—the glue that still unites the divergent factions of the new right.
Political cartoon showing a dog named 'income tax' running from a can called "supreme court decisions."

No, President Trump, the Income Tax Wasn’t A Mistake. But It Was an Accident.

Trump claimed that the income tax was passed for “reasons unknown to mankind” and caused the Great Depression. Here’s the real history.
A bread line on New York's Lower East Side in 1930.

Trump Tariffs Conjure Specter of Smoot-Hawley Act, a Depression-Era Blunder

The 1930 tariff bill hurt exporters and provoked other countries to enact their own tariffs as the U.S. economy grappled with the Great Depression.
A worker removes bottles of American-made Jack Daniel's whiskey from a shelf at the Liquor Control Board of Ontario (LCBO) Queen's Quay store in Toronto, Canada.
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The History Behind Canadian Boycotts of American Whiskey

A global marketplace has shaped the U.S. whiskey industry for a century, even as it brands itself distinctly American.
A group of women textile workers outside of their boarding house.

Lowell’s Forgotten House Mothers

As vital to the success of industrial New England as the mill girls who toiled in the factories were the women who oversaw their lodging.
Collage of shattered photos of Bear Stearns, George W. Bush, and law enforcement officers.

The Weekend That Shook the World

Lessons from Bear Stearns's collapse 17 years ago.
A woman at a toy counter.
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“The End Is Coming! The End Is Coming!”

In the 1990s, an entire industry was born of trying to convince Americans that Beanie Babies were a great investment opportunity.
Robert Moses sitting in front of a catelog of blueprints.

The Inadequacy of the Abundance Agenda

Three new books propose market solutions to problems that require government intervention. We’ve been here before. It didn’t end well.
An aerial view of houses in Jersey City, United States on July 13, 2024.

Is The ‘Predatory’ Property Tax An Instrument Of Oppression?

According to Andrew Kahrl, the property tax has been used to disposs black homeowners since the 19th century.
Women working at the Social Security Administration in Baltimore, Maryland, 1937.

Women’s Work: Section 213 and the Women Fired from the Federal Government

In 1932, married women were among the first targets in a campaign to reduce federal spending and balance the budget.
Elon Musk, David Stockman, and a federal building.

The Education of Elon Musk

The Reagan administration offers a cautionary tale about cost-cutting zeal crashing up against the reality of how government works.
March Madness basketball
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How Sports Betting Took Over March Madness

For decades, the NCAA vigorously opposed sports gambling. Now, March Madness is one of the most bet-on sporting events.
Francis Townsend
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Creating the “Senior Citizen” Political Identity

On the movement that fought for old-age pensions during the Great Depression.

How Business Metrics Broke the University

The push to make students into customers incentivizes faculty to seek visibility through controversy rather than through traditional scholarly achievement.
Social security administration seal.

Social Security Is Not a Ponzi Scheme

Today’s attacks are just the latest form of backlash to the New Deal.
Farmer working a mule-drawn plow.

Racism Isn’t the Only Cause of the Racial Wealth Gap

Widening the lens to capitalism itself could yield insights on how to close the gap.
A Wages for Housework protest on Boston Common, June 1977.

The Fight for Wages for Housework

In the Seventies, one feminist movement campaigned to make domestic labour both visible and recompensed.
Henry Carey.

The Thinker Who Explains Trump’s Tariffs

Henry Charles Carey is arguably the most influential economist in American history.
Egg yolk spilling from crushed egg shell

It’s Weird That Eggs Were Ever Cheap

What were we thinking, buying so many of these fragile, messy, remarkable ovals? Get used to high egg prices, it was a miracle they were low in the first place.
A man in a suit with angel wings clipped to his back, tipping a hat with six different arms.

The Cult of the Entrepreneur

Why do Americans idealize people who found businesses?
W.E.B. DuBois, seated in garden reading book, while Shirley Graham DuBois waters plants.

How Black Marxists Have Understood Racial Oppression

Black Marxist thought emphasizes the centrality of capitalism to racial oppression and the destructiveness of that oppression for all workers.
Actor Maurice Chevalier signing his MGM contract

In the Lions’ Studio

A new dual biography turns the lens on the towering architects of Metro-Goldwyn-Mayer.