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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.
by Bruce Bartlett via The New Republic on April 7, 2021
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.
by Felicia Wong via Boston Review on December 15, 2017
original

The Supply-Side Swindle

For decades, the GOP has used tax cuts to achieve its political goals. So why do Dems keep treating "supply-side" as an economic strategy?
by Brent Cebul on November 17, 2017

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.
by Jeet Heer via The New Republic on October 18, 2017

The Democrats Are Eisenhower Republicans

For decades, Democrats have positioned themselves as fiscally responsible while Republicans happily hand tax cuts to the rich.
by Josh Mound via Jacobin on July 3, 2017

The Education of David Stockman

"None of us really understands what's going on with all these numbers."
by William Greider via The Atlantic on December 15, 1981
The Bahá’í House of Worship, a tall, ornate building made of concrete, illuminated against a cloudy sky.

The Beauty of Concrete

Why are buildings today simple and austere, while buildings of the past were ornate and elaborately ornamented? The answer is not the cost of labor.
by Samuel Hughes via Works In Progress on May 17, 2024
Hand throwing crumpled dollar bills into pile

Extravagances of Neoliberalism

On how the fringe ideas of a set of American neoliberals became a new and pervasive way of life.
by Melinda Cooper, Benjamin Kunkel via The Baffler on May 13, 2024
Benjamin Franklin on the 100 dollar bill with a crash test helmet edited onto his head.

The Crash Next Time

Can histories of economic crisis provide us with useful lessons?
by Trevor Jackson via New York Review of Books on March 14, 2024
Former Federal Reserve Chairman Paul Volcker in front of a red arrow made of money pointing upwards.

The Messy True Story of the Last Time We Beat Inflation

The usual narrative about the "Volcker shock" leaves a lot out — and policymakers risk learning the wrong lessons.
by Alex Yablon via Vox on November 2, 2022
Donald Trump speaking at a meeting with small businesspeople at the White House on January 30, 2017.

Family Capitalism and the Small Business Insurrection

The increasingly militant right supports the private, unincorporated, and family-based versus the corporate, publicly traded, and shareholder-owned.
by Melinda Cooper via Dissent on January 13, 2022

Footing the COVID-19 Bill: Economic Case for Tax Hike on Wealthy

There is a strong economic case for raising taxes on the rich to help repair public finances following the pandemic.
by David Hope, Julian Limberg via The Conversation on December 16, 2020

Is History Being Too Kind to George H.W. Bush?

The 41st president put self-interest over principle time and time again.
by David Greenberg via Politico Magazine on December 1, 2018

The Cold War and the Welfare State

If you look hard enough, you can almost find ideological consistency in the Republicans’ breathtaking tax bill.
by Nils Gilman via The American Interest on December 4, 2017

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

Republicans are again sprinting toward an economic cliff.
by Robert S. McElvaine via Washington Post on November 30, 2017
Reagan poses for a photo op after with a stack of tax cut legislation in 1981.

I Helped Create the GOP Tax Myth. Trump is Wrong: Tax Cuts Don’t Equal Growth.

The best growth in recent memory came after President Bill Clinton raised taxes in the ’90s.
by Bruce Bartlett via Washington Post on September 28, 2017

How Democrats Killed Their Populist Soul

In the 1970s, a new wave of post-Watergate liberals stopped fighting monopoly power. The result is an increasingly dangerous political system.
by Matt Stoller via The Atlantic on October 24, 2016
Joe Biden signing a document
partner

Biden’s Inflation Reduction Act Exposes Our Allergy to Taxes

The rise of a new tax politics has made it harder to address our problems, and now it threatens democracy, too.
by Molly Michelmore via Made By History on August 19, 2022
Painting of people on a fishing boat

A Cosmic Lie

A conversation about "Davos Man: How the Billionaires Devoured the World."
by Peter S. Goodman, Lewis H. Lapham via Lapham’s Quarterly on April 4, 2022
Postcard image of a painting of the Mayflower at sea.

Looking for an American Myth

The fevered hunt for basic symbols.
by John Ganz via Unpopular Front on February 6, 2022

The US Tax Code Should Not Allow Billionaires to Exist

The recent ProPublica exposé shows we need to attack the wealth and power of the rich — and that means massively increasing taxes on them.
by Josh Mound via Jacobin on July 20, 2021
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.
by Jon Hilsenrath via The Wall Street Journal on June 11, 2021
partner

To Be Effective, The Covid-19 Relief Bill Must Spark Consumer Spending

While assisting businesses, Congress must also continue to help consumers.
by Stephen Leccese via Made By History on March 26, 2020
Cartoon of people at a crossroad, with one direction pointing to "prosperity" and the other to "depression"

Selling Keynesianism

Today, we can learn a lot from the popularizing efforts that led to that consensus that Keynesianism leads to and long-lasting economic success.
by Robert Manduca via Boston Review on December 6, 2019

How Silicon Valley Broke the Economy

The question of how to fix the tech industry is now inseparable from the question of how to fix late 20th century capitalism.
by Adrian Chen via The Nation on October 14, 2019

The Rich Can't Get Richer Forever, Can They?

Inequality comes in waves. The question is when this one will break.
by Liaquat Ahamed via The New Yorker on August 26, 2019

The Notion of Tax Reform in Historical Perspective

President Trump's tax plan may be "great", but it will likely not be truly transformative.
by Ajay K. Mehrotra via Process: A Blog for American History on July 13, 2017

How the Right Gets Reagan Wrong

And what will happen if they don't start getting him right.
by Henry Olson via Politico Magazine on June 26, 2017

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