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

Playing Dirty

In the 1970s board games joined TV, film, books, and other media in exploring the state of the environment.
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.
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.
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?
Arkansas Gov. Sarah Huckabee Sanders.
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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.
A Foxconn factory in San Jeronimo, Chihuahua state, Mexico, as seen from Santa Teresa, N.M.
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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.
Map of Jamaica.

Revisiting Restoration

Women’s economic labor was essential to state function.
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.

At the Altar of the Fed

Celebrating the Federal Reserve as a cockpit for economic steering conceals the reality of where power lies today.
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.
Eugene Debs speaking to a crowd.

A Brief History of American Socialism

A look at socialism’s far-reaching influence on American thought.
Statue of Liberty's torch.

Why the Philosophers Libertarians Love Always Come Out Worse for Wear

Adam Smith and Friedrich Hayek have been through the wringer.
Photograph of protesters and text from a 1944 edition of "Are You An American?"

The Failure of a Public Philosophy

How Americans lost faith in the possibility of self-government.
Lithograph of federal troops crushing an 1877 rail strike.

Freight-Halting Strikes Are Rare, and This Would be the First in 3 Decades

Some rail unions are resisting government pressure to accept a new employment contract, but history suggests the authorities will keep the trains running.
Pew Research chart showing rising earnings disparity between young adults with and without college degrees

Pushing Everyone Into College Was a Policy Response to Other Policy

None of it happened by mistake.
Picture of a gas pump.
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High Transportation Costs Limit Mobility, Fueling Inequality

The absence of robust transportation infrastructure hurts us — and not only at the gas pump.
Paper money issued by the Bank of North America, circa 1862.

The Civil War's Economic Shadow

To finance the war, the Union had to turn to the banks, and with lasting consequences.
Turbulent drawing evoking mass strikes, urban decay, gas shortages, police in riot gear, chainsaw massacre, and disco.

We’re Haunted by the Economy of the 1970s

Politicians across the political spectrum warn of a return to the decade of stagflation, urban decay, and labor mutiny; but their solution misses the mark.
A Coca-Cola billboard in Moscow in 1997.

Capitalism Triumphed in the Cold War, but Not by Making People Better Off

In the wake of economic crises, liberal democracies proved most adept at imposing austerity.
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.
Ronald Reagan pointing at a graph explaining his tax policy.
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Inflation Opened the Door to American Neoliberalism

An excerpt from "The Hidden History of Neoliberalism."
Newspaper lithograph of people fleeing the yellow fever epidemic on a boat in Mississippi.

The Sick Society

The story of a regional ruling class that struck a devil’s bargain with disease, going beyond negligence to cultivate semi-annual yellow fever epidemics.
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.
Picture of a calculator and a shopping basket of fresh produce.

What Online Inflation Calculators Can—and Can't—Tell Us About the Past

Most of these tools are based on the Consumer Price Index, a measure of changing prices in the U.S. over time
Whole Wheat Shell Pasta on Grey, by artist Rachel Doom, 2019.

Wielding Wheat

A new history makes a case for the world-ordering power of wheat.
Still from The Wire (HBO): two detectives, McNulty and Bunk.

20 Years Later, "The Wire" Is Still a Cutting Critique of American Capitalism

The Wire — both stylish and smart, follows unforgettable characters woven into a striking portrait of the depredations of capitalism in one US city.
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.
Picture of former President Bill Clinton looking downtrodden.

The Disastrous Legacy of the New Democrats

Clintonites taught their party how to talk about helping people without actually doing it.

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