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A political cartoon of the panic, depicting mobs, drunkards, and class struggles.

Panic of 1837

The panic of 1837 was a financial crisis in the United States that triggered a multi-year economic depression.
by Stephen Campbell via The Economic Historian on November 12, 2020
cartoon drawing of street with for sale signs in front of every house

The Steal of the Century

How banks ripped off Americans, destroyed Black wealth, and got away with it.
by Matt Bors, Kazimir Lee via The Nib on October 26, 2020
Free Banking Era five dollar bank note from Michigan.

When the Secret Service Was Only Interested in Money

In certain corners of the internet, you can actually buy money, but these bills are relics of the Free Banking Era that reigned from the 1830s to the 1860s.
by Charlotte Muth via Boundary Stones on October 9, 2020
1912 political cartoon of the Aldrich Plan depicted as an octopus with tentacles on a bank, a factory, and a farm while spitting coins into the NYSC.

A Popular History of the Fed

On Populist programs and democratic central banking.
by Noam Maggor, Anton Jäger via Phenomenal World on October 1, 2020

American Democracy Is in the Mail

U.S. democracy and the U.S. postal service share a long, entangled history. An attack against one signals an attack against the other.
by Daniel Carpenter via Boston Review on September 8, 2020

The Long History of Debt Cancellation

Moral thinking about debt has fluctuated throughout U.S. history. Today’s calls for cancellation suggest it may be poised for transformation once again.
by Olivia Schwob via Boston Review on November 13, 2019
Entrance to CitiBank branch.

Nationalization Is as American as Apple Pie

Nationalization may seem like an alien idea in the hyper-capitalist United States. But the country has a long history of nationalizing all sorts of industries.
by Thomas M. Hanna via Jacobin on November 11, 2019

‘The Lehman Trilogy’ and Wall Street’s Debt to Slavery

If the play holds up a mirror to our moment, it is by registering slavery in a peripheral glance only to look away.
by Sarah Churchwell via New York Review of Books on June 11, 2019

The Civilian Solution to Bank Robberies

The surprising story of the vigilantes who took it upon themselves to catch bank robbers in the 1920s and 30s.
by Erin Blakemore, Paul Musgrave via JSTOR Daily on May 17, 2019
Cars in the rubble of a burned out building in New York in the 1970s.

Fiscal Fright in NYC

A review of Kim Phillips-Fein’s "Fear City: New York’s Fiscal Crisis and the Rise of Austerity Politics."
by Michael R. Glass via The Metropole on May 15, 2019
Photo over Obama's shoulder facing Larry Summers and Timothy Geitner on the other side of a conference table.

Obama's Original Sin

A new insider account reveals how the Obama administration’s botched bailout deal reinforced neoliberal Clintonism.
by Eric Rauchway via Boston Review on April 23, 2019

The New Deal Wasn’t What You Think

If we are going to fund a Green New Deal, we need to acknowledge how the original actually worked.
by Louis Hyman via The Atlantic on March 6, 2019

Other People’s Blood

On Paul Volcker.
by Tim Barker via n+1 on February 26, 2019

After the Financial Crisis, Wall Street Turned to Charity—and Avoided Justice

Giving in millions has a way of erasing harm done in billions.
by Anand Giridharadas via The New Yorker on September 15, 2018

The 2008 Crash: What Happened to All That Money?

A look at what caused the worst economic crisis since the Great Depression.
by Eric Rauchway via HISTORY on September 14, 2018

Ten Years After the Crash, We’ve Learned Nothing

The great financial catastrophe of our times is still badly misunderstood, despite its grotesque consequences.
by Matt Taibbi via Rolling Stone on September 13, 2018

Ten Years After the Crash, We Are Still Living in the World It Brutally Remade

A seismic reading of the financial earthquake and its aftershocks, including those that still jolt us today.
by Christopher Caldwell, Malcolm Harris, Frank Rich, Timothy Shenk, Hanna Rosin, Rachael Combe, Sarah Leonard, Lauren Levy, Heather Havrilesky, Allison P. Davis via Intelligencer on August 5, 2018
Hamilton and Burr shooting, Burr at Hamilton and Hamilton to the sky.

Hamilton Vs. Burr: What Really Happened?

Beyond “Hamilton”: How the friends turned into political rivals, and finally into mortal enemies.
by Amelia Onorato via The Nib on April 27, 2018

How the Fair Housing Act Failed Black Homeowners

In many cities, maps of mortgage approvals and home values in black neighborhoods look as they did before the law was passed.
by Kriston Capps, Kate Rabinowitz via CityLab on April 11, 2018

Somewhere in Between

The rise and fall of Clintonism.
by Ryan Cooper via The Nation on February 14, 2018

What These Early-20th-Century Scholars Got Right About 21st-Century Politics

Unlike many economists today, they questioned fundamental social structure.
by Branko Milanović via Vox on January 10, 2018

How Obama Destroyed Black Wealth

The nation's first African-American president was a disaster for black wealth.
by Matt Bruenig, Ryan Cooper via Jacobin on December 7, 2017

The Shark and the Hound

America’s long history of predatory lending.
by Meagan Day via The Baffler on December 1, 2017
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.
by Mehrsa Baradaran, Emma Roller via Splinter on October 11, 2017
Putin and Trump.
partner

How a WWI-era Law Set the Stage for the Trump-Russia Controversy

And why Congress should do more to wrest back control of economic sanctions.
by Benjamin Coates via Made By History on July 31, 2017
Alexander Hamilton

The Hamilton Hustle

Why liberals have embraced our most dangerously reactionary founder.
by Matt Stoller via The Baffler on January 1, 2017
Political cartoon showing the effects of the recession, including idle ships, drunk men, and a woman and child begging a banker for mercy.

The Panic of 1837

A primary source set and teaching guide created by educators.
by Samantha Gibson via Digital Public Library of America on January 1, 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
Fake 1000 dollar bill.
partner

Mo' Money, Mo' Problems

The story of America's oldest counterfeiters and why the Civil War spurred the Secret Service into hunting them down.
via BackStory on October 20, 2016
Angry mob in Manhattan
partner

The Day Wall Street Exploded

On the spectacular act of terrorism that took place in Manhattan a century ago.
via BackStory on September 12, 2012
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