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Prescott Bush, Dorothy Bush, and George H. W. Bush at the White House.

How Bush's Grandfather Helped Hitler's Rise to Power

Rumors of a link between Prescott Bush and the Nazi war machine have circulated for decades. They were right.
Welcome to Delaware sign.

Rogue State

The case against Delaware.

The Trillion-Dollar Vision of Dee Hock

The corporate radical who organized Visa wants to dis-organize your company.
Vladimir Putin's eyes revealed from behind torn paper.

How America Wasted Its Most Powerful Economic Weapon

If world leaders had been clearer about the sanctions Putin would face, they might have deterred his invasion of Ukraine.
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.
A view of Wall Street and Federal Hall in the Financial District in New York City.

In the 1970s, the Left Put a Good Crisis to Waste

In "Counterrevolution," Melinda Cooper reads the 1970s economic crisis as an elite revolt rather than proof of the New Deal order’s unsustainability.
Boylston Street, Jamaica Plain, Boston, a residential street with a bike lane and a Black Lives Matter sign.

My Street Looks Different Now: Oral History and the Anti-Redlining Movement

For residents, organizers, and onlookers, neighborhoods can be a window for witnessing and making sense of history.
Alexander Hamilton, with superimposed map of Atlantic world.

The Return of Hamiltonian Statecraft

A grand strategy for a turbulent world.
The White House surrounded by outlines of Iran, Russia, North Korea, Cuba, Venezuela, China, Syria, and Afghanistan.

How Four U.S. Presidents Unleashed Economic Warfare Across the Globe

U.S. sanctions have surged over the last two decades and are now in effect on almost one-third of all nations. But are they doing more harm than we realize?
Computer blue screen with error message.
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Y2K Sent a Warning. The CrowdStrike Outage Shows We Failed to Heed It.

The Year 2000 computer problem has become a punchline in recent years, but the CrowdStrike outage shows the joke's on us.
North Carolina Mutual executives.

Black Capitalism and the City

African American insurance and the actuarial double bind.
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?
Continental Congress voting for independence.

Mother’s Milk of the Revolution

Right from the beginning, a commercial spirit and the wealth it generated were essential to creating and constituting America.
Milton Friedman.

Milton Friedman, the Prizefighter

The economist’s lifelong pugilism wasn’t in spite of his success—it may have been the key to it.
A photograph of four people on donkeys from the late 1800s.

A Question of Legacy

Some of my ancestors had money, and some held awful beliefs. I set out to investigate what I once stood to inherit.
Bank vault.

My Favorite Victorian Criminal Was a Bank Robber With a Secret Weapon

George Leonidas Leslie is still waiting for his HBO series.
A portrait of Andrew Jackson.

Whiggism Is Still Wrong

Vivek Ramaswamy says he wants to "make hard work cool again." He isn’t the first.
A collage of images of Henry Ford and newspaper articles about him.

America’s Most Dangerous Anti-Jewish Propagandist

Making sense of anti-Semitism today requires examining Henry Ford’s outsize part in its origins.
A Bank of America branch in San Francisco.

Bond Villains

Municipal governments today hold around $4 trillion in outstanding debt. The growing costs of simply servicing their debt is cannibalizing their annual budgets.
President Theodore Roosevelt raising his hat to wave.

The Curse of Bigness

Until more Americans know what happened in periods such as the Gilded Age, they can’t protect themselves from those who abuse history to advance poor policy.

The Peculiar Game of the Yankee Peddler—Or What Do You Buy?

Part of the utility of the game is how many intersections can be addressed, a Choose Your Own Adventure of lesson planning.
Malcolm Harris, left, and the cover of his book "Palo Alto," right. (Photo by Julia Burke)

The Obscene Invention of California Capitalism

A new history examines Silicon Valley, Palo Alto, the West Coast's settler ideology, and recent turbulence in the world of tech.
Painting of soldiers on the front.

How They Paid for the War

In World War II, the US had a planned economy. Its principles were similar to MMT.
Painting entitled "Sulking," by Edgar Degas, c. 1870, depicting a man and woman perusing documents.

Rate the Room

The early history of rating credit in America.
Federal Reserve Note featuring Salmon Chase held by the National Numismatic Collection, National Museum of American History

The War with Inflation and the Confederacy

During the Civil War, the Lincoln administration demonstrated that a progressive agenda and effective anti-inflationary measures could overlap.
Photo of Abraham Lincoln in front of images of infrastructure and currency.

How the U.S. Paid for the Civil War

Lincoln's wartime governance had dire, and longstanding, economic consequences.
Student loan debt activists rally outside the White House a day after President Biden announced a plan that would cancel $10,000 in student loan debt for those making less than $125,000 a year in Washington, D.C., on Aug. 25, 2022.
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The 50-Year Path That Left Millions Drowning in Student Loan Debt

How new student loan programs turned students into consumers — and ignited a competition among universities that left them drowning in debt.
Debt written on a blackboard

How We All Got in Debt

Consumer debt shapes American lives so thoroughly that it seems eternal and immortal, but it’s actually relatively new to the financial world.
Woodcut illustration from 1934 economics textbook depicting people walking from tenement houses past an advertising billboard and straight to a loan office.

Bad Economics

How microeconomic reasoning took over the very institutions of American governance.
In this photo provided by the U.S. Air Force, a transport plane is framed in a shattered window at the Baghdad airport on June 24, 2003.

How America Learned to Love (Ineffective) Sanctions

Over the past century, the United States came to rely ever more on economic coercion—with questionable results.

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