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"Soulsville" mural in Memphis, Tennessee.

Capitalism and (Under)Development in the American South

In the American South, an oligarchy of planters enriched itself through slavery. Pervasive underdevelopment is their legacy.
by Keri Leigh Merritt via Aeon on April 2, 2024
Collage illustration of a civil rights protest, inflated gas prices, and a Richard Nixon campaign poster.

Why America Abandoned the Greatest Economy in History

Was the country’s turn toward free-market fundamentalism driven by race, class, or something else? Yes.
by Rogé Karma via The Atlantic on November 25, 2023
Cover for a book of scrip for use at American Potash and Chemical’s company stores, 1937.

Greenbacks, Chits, and Scrip

Alternative currencies flourish in desperate times and situations.
by Michael Meyer via Distillations on May 3, 2022
Illustration of separated city buildings surrounding a globe embedded in the ground.

Reconstruction Finance

Popular politics and reconstructing the Reconstruction Finance Corporation.
by Nic Johnson via Phenomenal World on April 28, 2021
Milton Friedman.

Milton Friedman Was Wrong

The famed economist’s “shareholder theory” provides corporations with too much room to violate consumers’ rights and trust.
by Eric Posner via The Atlantic on August 22, 2019

A Centuries-Old Idea Could Revolutionize Climate Policy

The Green New Deal’s mastermind is a precocious New Yorker with big ambitions. Sound familiar?
by Robinson Meyer via The Atlantic on February 19, 2019
European immigrants in line at Ellis Island.

How Immigrants Fit Into America's Economy, Now and 100 Years Ago

Compared to 19th-century arrivals, today's new arrivals are much more likely to be at the extreme ends of the earnings spectrum.
by Gillian B. White via The Atlantic on January 24, 2016
The words "the world you were born in no longer exists" covering Trump's eyes.

The Present Crisis and the End of the Long '90s

On the constitutional settlement that governed America from the end of the Volcker Shock in 1982 to the re-election of Donald Trump in 2024.
by Samantha Hancox-Li via Liberal Currents on April 24, 2025
John F. Kennedy and George McGovern discuss Food for Peace.
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How Foreign Aid Can Benefit Both the U.S. and the World

Food for Peace exemplifies the value of internationalism and humanitarian endeavors in American foreign policy.
by Thomas J. Knock via Made By History on April 23, 2025
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.
by John C. Pinheiro via Law & Liberty on April 23, 2025
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.
by Scott Reynolds Nelson via Perspectives on History on April 14, 2025
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.
by Andrew Jeong via Washington Post on April 8, 2025
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.
by David A. Graham via The Atlantic on March 20, 2025
Thousands of shipping containers at the terminal at Port Elizabeth, New Jersey.

No Tariffs Without Representation

Executive trade power has gone too far.
by Erik Matson via Law & Liberty on March 19, 2025
Shield with the words "For European Recovery Supplied by the United States of America."

Soft Power

What it means, why it matters, and where it started.
by Lindsay M. Chervinsky via Imperfect Union on March 15, 2025
Henry Carey.

The Thinker Who Explains Trump’s Tariffs

Henry Charles Carey is arguably the most influential economist in American history.
by Adam Rowe via Compact on March 4, 2025
Poster reading "Basta Buitres," or "Enough Vultures," calling for Argentina to unite against the United States.

How the US Courts Rewrote the Rules of International Trade

How the American legal system created an economic environment that subordinated the entire world to domestic business interests.
by Brett Christophers via The Nation on March 3, 2025
A line of people swearing in as Ghanaian citizens.

The Land Disputes Facing African Americans in Ghana

Locals complain of losing out as wealthier ‘returnees’ from abroad secure prime real estate.
by Philip Teye Agbove via New Lines on February 27, 2025
French Gen. Jean de Rochambeau and American Gen. George Washington giving the last orders in October 1781 for the battle at Yorktown.

How Allies Have Helped the US Gain Independence, Defend Freedom and Keep the Peace

Why should a country want or need allies? President Donald Trump and his followers seem to disdain the idea. So did George Washington.
by Donald Heflin via The Conversation on February 20, 2025
Donald Trump and Xi Jinping, flanked by the U.S. and Chinese flags.

Back to the ’80s?

Trump, Xi Jinping, and the tariffs.
by Andrew Liu via n+1 on January 30, 2025
William McKinley making a campaign speech in 1896.

Why Trump Admires President McKinley, the Original ‘Tariff Man’

President Donald Trump says McKinley made the United States prosperous through tariffs. Historians say that’s an incomplete understanding of the 25th president.
by Andrew Jeong via Retropolis on January 27, 2025
Photo of Wong Kim Ark and document about Chinese Exclusion.

History’s Lessons on Anti-Immigrant Extremism

Even Trump’s recent assertion that he would use executive action to abolish birthright citizenship has a historical link to the Chinese American experience.
by Michael Luo via The New Yorker on January 5, 2025
Jimmy Carter in the 1970s visiting a town in Brazil that commemorates Confederate expats.

Jimmy Carter, 1924-2024

As an individual, Jimmy Carter stood as a rebuke to our venal and heartless political class. As a politician, his private virtues proved to be public vices.
by Tim Barker via Origins of Our Time on January 1, 2025
Image of classified documents and Russia and US leaders shaking hands.

A Newly Declassified Memo Sheds Light on America’s Post-Cold War Mistakes

This remarkably prescient document holds several lessons about how to run foreign policy.
by Fred Kaplan via Slate on December 23, 2024
Photo illustration of Luigi Mangione and John Dillinger.

Why the CEO Shooter Makes the Perfect American Folk Hero

Our country has a long history of admiring particular acts of violence.
by Elliott Gorn via Slate on December 18, 2024
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Nuggets of Condescension

By universalizing their own economic history, Western observers have used the past to portray African economic culture as backward and inadequate.
by Bronwen Everill via HNN on December 17, 2024
A map dedication from Osgood Carlton "to the select men of the town of Boston" in 1795.

Practical Knowledge and the New Republic

Osgood Carleton and his forgotten 1795 map of Boston.
by John W. Mackey via American Revolutionary Geographies Online on December 17, 2024
A sign in support of Donald Trump in front of an Ohio junkyard in 2024.
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The 2024 Election Marked the Inversion of the Electoral Map

Instead of trying to recapture working class votes, Democrats should be focused on building the kind of economy they need to expand the political map.
by Stephanie Ternullo via Made By History on December 16, 2024
Pedestrians walking in the financial district of New York City, 1949.

Brad DeLong’s Long March Through the 20th Century

A sweeping new history chronicles a century of unprecedented economic progress driven by markets and innovation.
by Thomas Strand via Jacobin on December 15, 2024
The edges of two credit cards, prominently displaying the MasterCard and Visa logos.

Our Plastic Obsession

The story of credit cards is the story of industry versus regulators. Industry won.
by Richard Vague via Democracy Journal on December 12, 2024
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