When Deregulation is Deadly

Eight decades after the infamous Triangle Shirtwaist fire, corporate profits are still being valued more than workers' lives.
Man giving a speech for the Taxpayers League of Minnesota.

Half a Century of Anti-tax Orthodoxy Is Wrong

Taxation is at the heart of any serious economic growth policy.

The Rise, Fall, and Rebirth of the U.S. Antitrust Movement

A short history puts contemporary anti-monopoly movements in context.
Funeral flower arrangement with a ribbon reading "R.I.P. Internet."
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Why Ajit Pai is Wrong About Net Neutrality

FCC regulations have long promoted innovation that benefits consumers, not stifled it.

When America Was a Developing Country

The nostalgia of some conservatives hearkens back to a different—and irretrievable—economic time.

The Uses and Abuses of 'Neoliberalism'

Does the term clarify or confuse our understanding of capitalism today?
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Before Net Neutrality, There Was Radio Regulation

How today's media landscape was shaped by a 1920s decision to privilege corporate broadcasters over noncommercial ones.
Customers at an African American bank in Harlem.
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We Need More Government, Not Less, in The War on Poverty

The myth of the “dependent” poor.

The Republican Tax Bill Is a Poison Pill That Kills the New Deal

Today’s Republicans would have fit right into Herbert Hoover’s administration.

How Obama Destroyed Black Wealth

The nation's first African-American president was a disaster for black wealth.

How the FCC's Net Neutrality Plan Breaks With 50 Years of History

The scholar who coined the phrase "net neutrality" explains why the agency's latest move represents such a radical break.

The Shark and the Hound

America’s long history of predatory lending.
Semi on a mountain highway.
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The Populist Power of the American Trucker

How did truckers nudge the American economy toward deregulation?
A row of wood frame houses in an African American neighborhood of Birmingham, Alabama, in 1963. (Credit: Marion S. Trikosko, Library of Congress)

Discourse on Race and Inequality in the United States

We must understand America's history of inequality to confront the racial wealth gap.

I’m a Depression Historian. The GOP Tax Bill is Straight Out of 1929.

Republicans are again sprinting toward an economic cliff.

For Republicans, an Unpopular Tax Cut May Be Better Than Nothing – But Still Not Enough

In 1948, the GOP passed the third biggest tax cut in U.S. history. In the next election, they learned the devil is in the details.

Rosie the Riveters Discovered a Wartime California Dream

Following wartime opportunities west, seven million “Rosie the Riveters” found more than just jobs when they reached California.

America’s Real Estate Developer in Chief

Donald Trump's rise to power was fueled by the profits of predatory real estate ventures.

The Massacre That Spelled the End of Unionized Farm Labor in the South for Decades

In 1887, African-American cane workers in Louisiana attempted to organize—and many paid with their lives.
Barack Obama and Shinzo Abe at the Lincoln Memorial.

Technocratic Vistas: The Long Con of Neoliberalism

How "liberal democracy" emerged from the wreckage of World War II and became the dominant ideology of our times.
A line of prisoners picking cotton in Huntsville, Texas.

The Oil Boom’s Roots in East Texas Cotton Farming

Oil’s rise was as dependent on the old as much as the new. The industry also benefited from changes in agriculture.
Caricature of Mark Twain wearing a barrel with smoke from his pipe making a dollar sign.

Mark Twain’s Get-Rich-Quick Schemes

“I am frightened by the proportions of my prosperity,” Twain said. “It seems to me that whatever I touch turns to gold.”

Art Laffer and the Intellectual Rot of the Republican Party

The godfather of supply-side economics is largely discredited by his peers, but revered by Trump and the GOP.

The Crash of ’87, From the Wall Street Players Who Lived It

An oral history of the biggest one-day stock market drop in history.
Women with field hockey sticks in a physical education class circa 1920.

How the US College Went from Pitiful to Powerful

In its first century the American higher-education system was a messy, disorganised joke. How did it rise to world dominance?
Children playing stick ball in the alley.

How the U.S. Government Locked Black Americans Out of Attaining the American Dream

The wealth gap between white Americans and black Americans is stark.
Roy Moore with a cowboy hat, gun, and microphone, in front of an American flag.
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The Reason Roy Moore Won in Alabama That No One is Talking About

Centuries of economic inequality have left Southern politics ripe for insurgent outsiders.

Marx in the United States

A conversation with the author of a forthcoming book about the twists and turns of Marx's legacy in America.

The Disturbing History of the Suburbs

Redlining: the racist housing policy from the Jim Crow era that still affects us today.
House destroyed by hurricane in Puerto Rico.
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Decisions More Than a Century Ago Explain Why The U.S. Has Failed Puerto Rico in Its Time of Need

Fears about trade prompted the decision to make Puerto Rico a colony.