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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
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
Photo of a homeless person sleeping on the street wrapped in a blanket on top of cardboard.
partner

A Blueprint From History for Tackling Homelessness

During the New Deal, the U.S. knew that economic recovery depended upon housing.
by Jonathan van Harmelen via Made By History on November 2, 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
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
Milton Friedman (L) and James Tobin (R)

The Forgotten Case Against Milton Friedman

In 1967, Milton Friedman launched a counterrevolution in economics that overturned the Keynesian theory of inflation.
by Seth Ackerman, Thomas Palley via Jacobin on May 13, 2023
Painting of "The County Election" by George Caleb Bingham.

The Myth of American Individualism

How the utopian notion of the U.S. as a meritocracy became so ingrained in the American psyche.
by Eric C. Miller, Alex Zakaras via Arc: Religion, Politics, Et Cetera on February 21, 2023
"Thinking like an Economist" light blue book cover

The ‘Economic Style’ as Red Scare Legacy

The rise of the “economic style of reasoning” in the 1960s cannot be properly understood without attending to the political fallout of earlier decades.
by Landon Storrs via LPE Project on September 13, 2022
A vacant home surrounded by a chain link fence is seen in Los Angeles, February 16, 2010.

Why Obama-Era Economists Are So Mad About Student Debt Relief

It exposes their failed mortgage debt relief policies after the Great Recession.
by David Dayen, Lindsay Owens via The American Prospect on August 31, 2022
Robert F. Kennedy on the presidential campaign trail in 1968.

Beyond GDP: Changing How We Measure Progress is Key to Tackling a World in Crisis

Amid the global threats posed by climate change, energy costs, unemployment and inequality, the need to rethink progress is now an urgent priority.
by Paul Allin, Diane Coyle, Tim Jackson via The Conversation on August 18, 2022
Poster with women pledging to "pay not more than top legal prices" and "accept no rationed goods without giving up ration stamps"

Politics and the Price Level

On inflation, institutions, and the governance of the price level.
by Andrew Yamakawa Elrod via Phenomenal World on May 19, 2022
Protester in a march, holding a sign that reads "Bank on the future."

The Way We Talk About Climate Change Is Wrong

The language of “sacrifice” reveals we’re stuck in a colonial mindset.
by Priya Satia via Foreign Policy on March 11, 2022
WWII Advertisement that highlights price controls.

Price Controls, Black Markets, And Skimpflation: The WWII Battle Against Inflation

To control inflation during WWII, the U.S. government resorted to wide-ranging price controls. Unintended consequences may be the reason they aren't used today.
by Greg Rosalsky via NPR on February 8, 2022
Black and white photo of John Maynard Keynes and wife Lydia Lopokova

Left, Right and Keynes

Today's centrists are a hot mess.
by Zachary D. Carter via In The Long Run on September 23, 2021
A cowboy on a horse surrounded by grazing cows on open grassland.

A Short Political-Economic History of Property Rights in the American West

How the Tragedy of the Commons theory played out in reality.
by Mathias Bühler via Broadstreet on September 10, 2021
Picture of Richard Nixon from National Archive.

The Day That Richard Nixon Changed U.S. Economic Policy Forever

Fifty years ago, in response to rising inflation, he rejected several long-standing practices. His Keynesian turn holds lessons for today’s economy.
by Bruce Bartlett via The New Republic on July 9, 2021
image of Milton Friedman reading a book

"Welfare Without The Welfare State": The Death of the Postwar Welfarist Consensus

Cash transfers are an efficient response to the Covid-19 crisis, but UBI is a radical transformation of how states conceptualise and provide for people’s needs.
by Daniel Zamora, Anton Jäger via New Statesman on February 9, 2021
Milton Friedman poses with a sculpture of himself.

Colossus Wears Tweed

A number of recent books blame the rise of neoliberalism on economists. But the evidence suggests it is still capital that rules.
by Quinn Slobodian via Dissent on December 1, 2020

Thirty Glorious Years

Postwar prosperity depended on a truce between capitalist growth and democratic fairness. Is it possible to get it back?
by Jonathan Hopkin via Aeon on October 2, 2020
A political cartoon

The New Deal and Recovery

The first in a series of posts to offer evidence casting doubt on the view that New Deal programs ended the Great Depression.
by George Selgin via Alt-M on June 12, 2020
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
Thomas Piketty

Thomas Piketty Takes On the Ideology of Inequality

In his sweeping new history, the economist systematically demolishes the conceit that extreme inequality is our destiny, rather than our choice.
by Marshall Steinbaum via Boston Review on March 25, 2020

Joe Biden Tried to Cut Social Security, Medicaid, and Medicare for 40 Years

Joe Biden was once a New Deal Democrat. Then he “evolved” and starting backing decades of Republican plans to cut Medicare and Social Security.
by Branko Marcetic via Jacobin on January 29, 2020
Black and white photo of people in formal clothing sitting in chairs

When Neoliberalism Hijacked Human Rights

Neoliberals refashioned the idea of freedom by tying it to the free market, and turning it into a weapon to be used against anticolonial projects worldwide.
by Jeanne Morefield via Jacobin on January 5, 2020

How Charitable Donations Remade Our Courts

The Olin Foundation funded the Federalist Society, seminars for judges, and much more.
by Dylan Matthews via Vox on May 29, 2019

Other People’s Blood

On Paul Volcker.
by Tim Barker via n+1 on February 26, 2019
Former Lehman Brothers Chief Executive Richard Fuld.

The Financial World and the Magical Elixir of Confidence

The financial world is a theatrical production, abundantly lubricated by that magical elixir of illusionists: confidence.
by Matt Seybold via Aeon on February 19, 2018
LBJ signing the Civil Rights Act of 1964.

What Everyone Gets Wrong About LBJ’s Great Society

It wasn't some radical left-wing pipedream. It was moderate; and it worked.
by Joshua Zeitz via Politico Magazine on January 28, 2018

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
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
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