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Floor of the New York Stock Exchange.

Regime Change in the West?

Where amid this turmoil does neoliberalism stand? In emergency conditions it has been forced to take measures.
by Perry Anderson via London Review of Books on March 25, 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
Herbert Spencer

The Man Who Believed in Nothing - Part II

Spencerism in America.
by Henry Snow via Another Way on March 4, 2025
A man in a suit with angel wings clipped to his back, tipping a hat with six different arms.

The Cult of the Entrepreneur

Why do Americans idealize people who found businesses?
by Robin Kaiser-Schatzlein via The New Republic on February 17, 2025
partner

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 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.
by Scott Aquanno, Stephen Maher via Jacobin on October 24, 2024
Ibn Khaldun

The Muslim Thinker Who Inspired Reagan

How Ibn Khaldun influenced the president and a generation of conservative tax policy.
by Mustafa Akyol via The Dispatch on October 10, 2024
Treasury Secretary Timothy Geithner testifying before the Senate Budget Committee in 2009.

The Intractable Puzzle of Growth

The key measure of a healthy economy has long been growth, yet if production and consumption expand at their current rate we risk the health of the planet.
by Benjamin Kunkel via The Nation on August 26, 2024
Alexander Hamilton, with superimposed map of Atlantic world.

The Return of Hamiltonian Statecraft

A grand strategy for a turbulent world.
by Walter Russell Mead via Foreign Affairs on August 20, 2024
Chart of wholesale prices in the UK, showing inflation peaking in 1920.

Dollar Dominance and Modern Monetary Macro in the 1920s

How the U.S. created a new kind of managed and political monetary system in the wake of World War I.
by Adam Tooze via Chartbook on August 18, 2024
Percentage sign written in clouds.

The Federal Reserve’s Little Secret

No one really knows how interest rates work—not the experts who study them, the investors who track them, or the officials who set them.
by Rogé Karma via The Atlantic on June 27, 2024
A West Village, New York pizza restaurant.

What Should Econ 101 Courses Teach Students Today?

Why introductory economics courses continued to teach zombie ideas from before economics became an empirical discipline.
by Walter Frick via Aeon on June 7, 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
bags of money

Survival of the Wealthiest: Joseph E. Stiglitz on the Dangerous Failures of Neoliberalism

In which “the intellectual handmaidens of the capitalists” are taken to task.
by Joseph Stiglitz via Literary Hub on April 24, 2024
Franklin D. Roosevelt’s 1933 presidential inauguration.

The First New Deal

Planning, market coordination, and the National Industrial Recovery Act of 1933.
by Sanjukta Paul via Phenomenal World on March 28, 2024
Branko Milanovic, 2017.

The Problematic Past, Present, and Future of Inequality Studies

An intellectual history of inequality in economic theory reveals the ideological reasons behind the field’s resurgence in the last few decades.
by Branko Milanović, Daniel Steinmetz-Jenkins via The Nation on March 20, 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

The Deep and Enduring History of Universal Basic Income

While the concept stretches back centuries, it has garnered significant attention in recent decades.
by Karl Widerquist via The MIT Press Reader on March 7, 2024
Economist Milton Friedman poses next to a bust sculpture of himself

The Century of Milton Friedman

An interview with Jennifer Burns on her authoritative new biography of the American economist and the personal and intellectual origins of his theories.
by Jennifer Burns, Daniel Steinmetz-Jenkins via The Nation on February 5, 2024
Collage depicting shipping containers, a scale weighing American dollars, and a screen of numbers and percentages

Free Trade's Origin Myth

American elites accepted the economic theory of "comparative advantage" mainly because it justified their geopolitical agenda.
by Oren Cass via Law & Liberty on January 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
Political cartoon depicting busts of Ronald Reagan, Milton Friedman, and Alan Greenspan on a mantle with spider webs.

The End of Milton Friedman’s Reign

The Chicago school ruled supreme over economics—until recently.
by Patrick Iber via The New Republic on November 13, 2023
Milton Friedman in front of a graph.

The Myth of the Friedman Doctrine

Friedman's viewpoint went far deeper and has been more lasting than the politics of 1970.
by Kyle Edward Williams via The Hedgehog Review on November 1, 2023

Hamilton’s System

Who is the father of American capitalism?
by Jacob Soll via The Hedgehog Review on November 1, 2023
Walt Rostow testifying in the U.S. Senate in Washington, D.C., February 1962.

The Real Washington Consensus

Modernization theory and the delusions of American strategy.
by Charles King via Foreign Affairs on October 24, 2023
Quarter teetering on the edge of a plank of wood

The 1970s Economic Theory That Needs to Die

Turns out you can tame inflation without triggering a recession. Will the Federal Reserve accept the good news?
by Rogé Karma via The Atlantic on October 20, 2023

The Spanish-Speaking William F. Buckley

Buckley’s seldom-acknowledged fluency in Spanish shaped his worldview—including his admiration for dictators from Spain to Chile and beyond.
by Bécquer Seguín via Dissent on September 28, 2023
Students hiding under desks during an air raid test

Is Liberalism a Politics of Fear?

A conversation about the Cold War’s profound and negative influence on the liberal worldview.
by Samuel Moyn, Daniel Steinmetz-Jenkins via The Nation on September 11, 2023
Ruth Bader Ginsburg and Clarence Thomas talking

How Chicago School Economists Reshaped American Justice

The 50th anniversary of a groundbreaking work.
via The Economist on September 7, 2023
Axe chopping down columns

The Rise and Fall of Neoliberalism

The free market used to be touted as the cure for all our problems; now it’s taken to be the cause of them.
by Louis Menand via The New Yorker on July 17, 2023
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