Redlining, Race, and the Color of Money

Long after the end of explicit discrimination in the housing market, the federal government continued to manage risk for capital, perpetuating inequality.
Newspaper headline stating "Mrs. Sarah Corleto to become nurse"

How an Embalming License Freed Sarah Corleto from an Abusive Husband

She used her work to live an autonomous life in a time when women were often trapped by socially constructed gender roles and systematic oppression.
Restaurant with 'Help Wanted' sign
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‘Help Wanted’ Signs Indicate Lack of Decent Job Offers, Not People Unwilling to Work

The 19th-century antecedent to today’s complaints of labor shortage.
shelves full of old medicine bottles

The US Drug Industry Used to Oppose Patents – What Changed?

Patent medicine used to be associated with fraud and profiteering. What shifted the industry's positions on medical ethics and intellectual property?

The Hidden Stakes of the Infrastructure Wars

The fight over the American Jobs Plan reflects a long history of competing visions of public works—and, most of all, who should benefit from rebuilding.
Cover page of the August 1957 issue of Nation's Business, featuring a clamp tightening in on dollar signs.

Preferred Shares

Treasury Secretary Janet Yellen said America faces an economic crisis fifty years in the making. But how can we name the long crisis, much less explain it?
A map marking The Bahamas with a pin of its flag.

In the 1930s, the Bahamas Became a Tax Problem for Treasury

When struggling with tax enforcement, rich countries have long tried to shift blame to poor countries.
Collage-style design of Milton Friedman and his work

The End of Friedmanomics

The famed economist’s theories were embraced by Beltway power brokers in both parties. Finally, a Democratic president is turning the page on a legacy of ruin.
Women heating a kettle on a gas stove

How the Fossil Fuel Industry Convinced Americans to Love Gas Stoves

And why they’re scared we might break up with their favorite appliance.
Photo of economist Albert Hisrchman surrounded by abstract drawings

We Don't Know, But Let's Try It

For economist Albert Hirschman, social planning meant creative experimentation rather than theoretical certainty.
President Truman with Sadie Alexander and the Committee on Civil Rights.
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The Ideas of the First Black Economics PhD Offer Solutions to Our Problems Today

Full employment could solve job discrimination and inadequate wages.
A promotional postcard for Prudential Insurance Company of America, c. 1958

Our Insurance Dystopia

Private insurance companies have long dominated the provision of social security in the United States, but resistance is growing.
Auto workers on strike outside a General Motors plant in Detroit, September 1970.

When Americans Took to the Streets Over Inflation

In the 60s and 70s, spiraling prices for staples like meat and gasoline wreaked havoc on the U.S. economy, thanks to political and policy mistakes.
Image of 1896 $1 silver certificate.

Can the 'Tubman Twenty' Help Bring Americans Together?

The new note comes 125 years after the free silver movement tried—and failed—to use currency to forge a national identity.
Newsies smoking at Skeeter's Branch.

Lewis Hine, Photographer of the American Working Class

Lewis Hine captured the misery, dignity, and occasional bursts of solidarity within US working-class life in the early twentieth century.
Mitch McConnell
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The Fissure Between Republicans and Business is Less Surprising Than it Seems

Business groups have always worked with both parties to support globalization and free trade.

It’s Time to Break Up the Ivy League Cartel

Democracy requires something more than a handful of super-rich universities.
Job seekers wait to be called into the Heartland Workforce Solutions office in Omaha last summer.
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How Cruelty Became the Point of Our Labor and Welfare Policies

Why do so many politicians think people only work if threatened or forced into doing so?
Packages of beef cuts
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What Scaremongering About Inflation Gets Wrong

Inflation isn't inexorably a bad thing. In fact, it used to be considered good.
The plough, the loom and the anvil book drawing

In the Common Interest

How a grassroots movement of farmers laid the foundation for state intervention in the economy, challenging the slaveholding South.

Taking on the Coors Brewing Company—and the Conservative Family Behind It

Consumer activists taking on the companies that support former President Donald Trump can learn from the boycott that never ended.
Booker T. Whatley

The CSA’s Roots in Black History

Booker T. Whatley introduced the concept in the 1960s for struggling Black farmers, but his agricultural contributions have been excluded from the narrative.
A woman with a baby

The Feminist History of “Child Allowances”

The Biden administration’s proposed “child allowances” draw on the feminist thought of Crystal Eastman, who advocated “motherhood endowments” 100 years ago.

Portrait of the United States as a Developing Country

Dispelling myths of entrepreneurial exceptionalism, a sweeping new history of U.S. capitalism finds that economic gains have always been driven by the state.
Illustration from the 1919 catalogue of the Library Bureau depicting women working at desks and filing cabinets.

The Filing Cabinet

The filing cabinet was critical to the information infrastructure of 20th-century nation states and financial systems.
Illustration of separated city buildings surrounding a globe embedded in the ground.

Reconstruction Finance

Popular politics and reconstructing the Reconstruction Finance Corporation.
Industry at Night, by Horatio C. Forjohn, 1940.

Weary of Work

When factories created a population of tired workers, a new frontier in fatigue studies was born.
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Covid-19 Changed the Way We Watch Movies. The 1918 Pandemic Set the Stage

The 1918 flu pandemic helped to usher in the Hollywood studio system. Could Covid-19 transform the industry?
Handcuffs with chain of $

The Men Who Turned Slavery Into Big Business

The domestic slave trade was no sideshow in our history, and slave traders were not bit players on the stage.
Volunteer registered nurses from New Mexico give people coronavirus vaccines at a rural vaccination site in Columbus, N.M.
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Volunteering and Generosity Are No Substitutes for Government Programs

Conservatives have weaponized Americans’ desire to help to attack the social safety net.