Eli Lilly and Company. “Principal Office and Laboratories, Indianapolis, U.S.A.” Ink on paper, from the Hand Book of Pharmacy and Therapeutics, 1919. Via Wikimedia Commons.

How To Make An Oligopoly

A seven-point memo proposing control of the global insulin market.
Robert Mundell receives the Nobel Prize in economics from Swedish King Carl XVI Gustaf, in 1999.

Remembering the Father of Supply-Side Economics

Robert Mundell’s theories spawned decades of economic debate and still matter to the big ideas of today.
A graphic that reads "taxpayer dollars."

"Taxpayer Dollars:" The Origins of Austerity’s Racist Catchphrase

How the myth of the overburdened white taxpayer was made.
Corey Lea, a beef and pork rancher in Murfreesboro, Tenn., who also advocates for Black farmers.
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Black Farmers Have Always Faced Injustice. Will the American Rescue Plan Help?

This plight dates back to the era of slavery.
A worker entering the U.S. Steel Clairton Works in Clairton, Pennsylvania.

A Rust Belt City’s New Working Class

Heavy industry once drove Pittsburgh’s economy. Now health care does—but without the same hard-won benefits.
President Biden in a warehouse
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Government Has Always Picked Winners and Losers

A welfare state doesn't distort the market; it just makes government aid fairer.
engraving of a slave ship

Why Did the Slave Trade Survive So Long?

The history of the Atlantic slave trade after the American Revolution is a story of sustained efforts to suppress it even as demand for slaves increased.

The People, It Depends

What's the matter with left-populism? A review of Thomas Frank's "The People, No: A Brief History of Anti-Populism."
A shoe stepping on money.

Islands in the Stream

Musicians are in peril, at the mercy of giant monopolies that profit off their work.
Postcard depicting the Montefiore Hospital in Pittsburgh

The Rise of Healthcare in Steel City

On deindustrialization, the care economy, and the living legacies of the industrial workers’ movement.
Mark McGwire baseball card

Neoliberalism with a Stick of Gum: The Meaning of the 1980s Baseball Card Boom

Before beanie babies and Pogs, small rectangles of cardboard were the errant investments of a stratifying American society.
Dominique Walker, a member of Moms 4 Housing and group spokeswoman, speaking in front of City Hall

Redlining, Predatory Inclusion, and Housing Segregation

Redlining itself cannot explain this persistence of inequality in America's cities.
Joe Biden.
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The History of Using Computers to Distribute Benefits Like Biden’s Relief Checks

Technology can break down, but just as often with government tech, glitches are rooted in policy failures.
Protesters at a rally for a $15 minimum wage
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The Missing Piece of the Minimum Wage Debate

History shows that boosting the minimum wage leads to consumer spending.
A visualization of the Great Migration depicting individual journeys with lines between cities.

The Great Migration

1915 marked the beginning of the largest domestic migration in American history. Hundreds of thousands of Black Americans began relocating north.
Illustration of a smoker with coins instead of puffs of smoke coming from his cigarette

Pinhookers and Pets: Inventing the Non-Smoker

Who needs a public health system when sickness is a personal failure?
A shack on Eastland's plantation, as it appeared in the 1964 film

He Risked His Life Filming A Mississippi Senator's Plantation In 1964

Fannie Lou Hamer is among the sharecroppers interviewed in this unauthorized documentary about the plantation of Dixiecrat James Eastland.
GameStop store

What Would the Socialist Who Created the Hedge Fund Think of the GameStop Mess?

When Alfred Winslow Jones created the hedge fund in 1949, the key to its approach was short sales, a practice the GameStop mess returned to public infamy.
A colorful graphic featuring Curt Flood with a key on his necklace.

Curt Flood Belongs in the Hall of Fame

His defiance changed baseball and helped assert Black people’s worth in American culture.
image of Milton Friedman reading a book

"Welfare Without The Welfare State": The Death of the Postwar Welfarist Consensus

Cash transfers are an efficient response to the Covid-19 crisis, but UBI is a radical transformation of how states conceptualise and provide for people’s needs.
A mural advertising the Super Bowl in Tampa Bay.
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Sports Gambling Could Be the Pandemic’s Biggest Winner

But it probably won’t be the savior some expect.
A group of people striking with 9to5.

The Labor Feminism of 9to5 Should Guide Our Organizing Today

The vision of feminist labor organizing that guided the women’s white-collar organizing project 9to5 should still be our north star.
Garment workers selling newspapers

Feminist Trade Unionists Have Long Fought for Universal Health Care

As far back as WWI, militant unions like the International Ladies’ Garment Workers radicalized the campaign for health care and came within an inch of victory.
A congressional staffer departs holding a visual aid following a news conference regarding the redesigned $20 bill meant to honor Harriet Tubman, on Capitol Hill in Washington, D.C., on June 18, 2019.

Putting Harriet Tubman on the $20 Bill Is Not a Sign of Progress

It's a sign of disrespect.

Sea Shanties and the Whale Oil Myth

Oil companies like to point to the demise of the whaling industry as an example of market-based energy solutions. The reality is much more complicated.
A composite photograph of South Carolina's majority-black legislature created and circulated by opponents of Reconstruction

The Austerity Politics of White Supremacy

Since the end of the Confederacy, the cult of the “taxpayer” has provided a socially acceptable veneer for racist attacks on democracy.
Black and white photo of a family sitting around the television together

A Brief History of Consumer Culture

Over the 20th century, capitalism preserved its momentum by molding the ordinary person into a consumer with an unquenchable thirst for more stuff.
Men and women workers marching in a 1914 May Day parade.

Time Is the Universal Measure of Freedom

In our own era of uncontrolled working hours, controlling our time is a vision of freedom worth capturing.

On the Insidious ‘Laziness Lie’ at the Heart of the American Myth

Devon Price wonders why we equate sloth with evil.

The Dark History of School Choice

How an argument for segregated schools became a rallying cry for privatizing public education.