economy — Bunk History

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A gun shop in Dunedin, Florida.

America Fell for Guns Recently, and for Reasons You Will Not Guess

The US today has extraordinary levels of gun ownership. But to see this as a venerable tradition is to misread history.

by Megan Kang via Aeon on April 9, 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

Illustration of President Franklin D. Roosevelt among tanks.

The ‘Arsenal of Democracy’ Once More

In sending military aid to Ukraine, America’s values and security interests are aligned.

by Lindsay M. Chervinsky via Bulwark+ on February 20, 2024

A nearly gutted department store escalator in Owings Mills Mall in Owings Mills, Maryland.

The Life and Death of the American Mall

The indoor suburban shopping center is a special kind of abandoned place.

by Matthew Christopher via Atlas Obscura on January 10, 2024

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.

by Sohrab Ahmari via The American Conservative on November 21, 2023

Painting of the Great Fire of Pittsburgh from right outside the city

The Asbestos Times

Asbestos was a miracle material, virtually impervious to fire. But as we fixed city fires in other ways, we came to learn about its horrific downsides.

by Mano Majumdar via Works In Progress on November 15, 2023

Grant Wood’s sister, Nan Wood Graham, and his dentist, Byron McKeeby, stand by the painting for which they had posed, “American Gothic.”

Beyond the Myth of Rural America

Its inhabitants are as much creatures of state power and industrial capitalism as their city-dwelling counterparts.

by Daniel Immerwahr via The New Yorker on October 16, 2023

President Clinton walks with Jiang Zemin past rows of Chinese soldiers.

It’s the Global Economy, Stupid

A new book on the Clinton presidency reveals how it abandoned a progressive vision for a finance-led agenda for economics and geopolitics.

by Lily Geismer via The American Prospect on October 6, 2023

A drawing of a woman looking inside the door of a church where children are playing.

The Quiet Revolution of the Sabbath

Requiring rest, rather than work, is still a radical idea.

by Casey N. Cep via The New Yorker on September 30, 2023

Political cartoon of a column with the United States, Chile, and China; United Kingdom falling.

The Rise and Fall of the Great Powers Redux

The author of the 20th century’s most influential history book anticipates the coming world order.

by Paul Kennedy via New Statesman on September 20, 2023

The Northern Pacific Railway.

How One Robber Baron's Gamble on Railroads Brought Down His Bank

In 1873, greed, speculation and overinvestment in railroads sparked a financial crisis that sank the U.S. into more than five years of misery.

by Mickey Butts via Smithsonian on September 18, 2023

United Auto Workers members at a rally.

UAW Strikes Built the American Middle Class

Today’s strikers are seeking to renew the broadly shared prosperity that earlier UAW work stoppages created.

by Harold Meyerson via The American Prospect on September 18, 2023

The Life of the Party

In his latest book, Michael Kazin argues that the Democrats have long sought to build a “moral capitalism.” Have they ever succeeded?

by Osita Nwanevu via New York Review of Books on August 29, 2023

Black and white photo of the dressmaker union on strike

Strike Waves Across the US Seem Big, but the Number of People on Strike Remains Historically Low

Many of the reasons for strikes now mirror the motives that workers had for walking off the job in decades past.

by Judith Stepan-Norris, Jasmine Kerrissey via The Conversation on August 24, 2023

A historical marker for the Broad Street site of domestic slave trade, foregrounding an image of the Exchange Building, located in Charleston, South Carolina.

Activists Have Long Called for Charleston to Confront Its Racial History. Tourists Now Expect It.

Tourist interest is contributing to a more honest telling of the city’s role in the US slave trade. But tensions are flaring as South Carolina lawmakers restrict race-based teachings.

by Jennifer Berry Hawes via ProPublica on July 29, 2023

The U.S. flag flies near the Statue of Freedom atop the U.S. Capitol in Washington, DC.

How Today Is Like the 1890s

The paths the country took out of that earlier crisis offer valuable lessons for what we should do now, and what we should fear.

by Gideon Rose via Council On Foreign Relations on July 16, 2023

Agosto Pinochet and Milton Friedman edited to appear as two sides of the same coin.

When Milton Friedman Met Pinochet

Chicago economists had free rein in Chile. The country is still recovering.

by Patrick Iber via The New Republic on May 15, 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

The Works of Mercy illustration by Sarah Fuller, 2019.

The Anarchism of the Catholic Worker

In its 90th year, the radical peace movement is reinvigorating itself by going hyper-local.

by Renée Darline Roden via The Nation on May 8, 2023

From left to right portraits of Ronald Reagan, George W. Bush and Donald Trump.

The 40-Year Path that Left the GOP Unable to Balance the Budget

First, the GOP became the party of tax cuts and now it won't touch entitlements — which makes a balanced budget nearly impossible.

by Monica Prasad via Made By History on April 26, 2023

Litterbug board game.

Playing Dirty

In the 1970s board games joined TV, film, books, and other media in exploring the state of the environment.

by Sherri Sheu via Science History Institute on April 25, 2023

1970s commercial airplane flying over a mountain range

How 1970s California Created the Modern World

What happened in California in the 1970s played an outsized role in creating the world we live in today – both in the United States and globally.

by Francis J. Gavin via Engelsberg Ideas on April 3, 2023

Detail of a five-shilling Massachusetts Colony note, the only surviving piece of the colony’s 1690 legal tender.

‘Easy Money’ Review: The Currency and the Commonwealth

Saddled with debt and forbidden by the crown to mint money, Boston’s Puritans dreamed up a novel monetary system that we still use today.

by Adam Rowe via The Wall Street Journal on March 31, 2023

Visualization showing the largest cities in the US, from the Statistical Atlas of the Eleventh Census, 1790-1890

Growing New England's Cities

What can a visualization of population growth in cities and towns in the Northeast tell us about different moments in the region's economic geography?

by Garrett Dash Nelson via Norman B. Leventhal Map & Education Center on March 17, 2023

Arkansas Gov. Sarah Huckabee Sanders.

The Big Business Campaign That Has Shaped 40 Years of GOP Rhetoric

The philosophy that drives the GOP's attacks on government and how it has fueled some of our biggest problems.

by Naomi Oreskes, Erik M. Conway via Made By History on March 9, 2023

A Foxconn factory in San Jeronimo, Chihuahua state, Mexico, as seen from Santa Teresa, N.M.

History Shows Moving Manufacturing to North America Isn’t a Cure-all

The initial promise of Mexican factories in the 1960s gave way to impoverished communities and capital flight in search of higher profits.

by Sean Harvey via Made By History on March 6, 2023

Map of Jamaica.

Revisiting Restoration

Women’s economic labor was essential to state function.

by Jonah Estess via Commonplace on March 1, 2023

Book cover of Malcolm Harris's "Palo Alto."

The "Here" of Magical Thinking

A new book offers a critical history of Silicon Valley's blend of California idealism and exploitation.

by David Helps via Protean on March 1, 2023

At the Altar of the Fed

Celebrating the Federal Reserve as a cockpit for economic steering conceals the reality of where power lies today.

by Andrew Yamakawa Elrod via The Baffler on March 1, 2023

Helen Hall (R, front), chair of the Consumers’ National Federation, with a committee at the White House making demands for a "new deal" for consumers, 1938.

“Ethical Consumption” Used to Mean Something More Than Feeling Smug About Your Purchases

A century ago, it was once motivated by the goal of economic reorganization.

by Nick French via Jacobin on January 31, 2023

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