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Eugene Debs speaking to a crowd.

A Brief History of American Socialism

A look at socialism’s far-reaching influence on American thought.
by Michael Kazin via Literary Hub on January 5, 2023
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.
by Rebecca Brenner Graham via Slate on December 5, 2022
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.
by Win McCormack via The New Republic on November 23, 2022
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.
by Erik Loomis via The Conversation on November 22, 2022
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.
by Freddie deBoer via Freddie deBoer on November 21, 2022
Picture of a gas pump.
partner

High Transportation Costs Limit Mobility, Fueling Inequality

The absence of robust transportation infrastructure hurts us — and not only at the gas pump.
by Yong Kwon via Made By History on November 14, 2022
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.
by Aaron Timms via The New Republic on October 31, 2022
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.
by Andre Pagliarini via The New Republic on September 29, 2022
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.
by Andrew Donnelly via Public Books on September 20, 2022
Ronald Reagan pointing at a graph explaining his tax policy.
partner

Inflation Opened the Door to American Neoliberalism

An excerpt from "The Hidden History of Neoliberalism."
by Thom Hartmann via HNN on September 11, 2022
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.
by Malcolm Harris, Kathryn Olivarius via n+1 on September 2, 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
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
by Sarah Kuta via Smithsonian on August 15, 2022
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.
by Daniel Immerwahr via New York Review of Books on July 1, 2022
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.
by Helena Sheehan, Sheamus Sweeney via Jacobin on June 14, 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
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.
by Alex Pareene via The New Republic on May 16, 2022
Farmers harvest wheat near the village of Tbilisskaya, Russia, July 21, 2021. That nation’s farmers produce nearly a fifth of world wheat exports.

How High Energy Prices Emboldened Putin

Rupert Russell’s new book shows how the financialization of commodity prices worsens volatility and destabilizes geopolitics. It couldn’t be more timely.
by Tim Sahay via The American Prospect on March 22, 2022
BP is trying to divest its share of the Russian state-owned company Rosneft.
partner

Western Oil Companies Ditching Russia is a New Twist on a Familiar Pattern

For more than a century, Western oil companies have cycled into and out of Russia.
by Michael De Groot via Made By History on March 7, 2022
People gathered around an electronic contraption with lightbulbs.

Ideas of the PMC

A review of three new books that in various ways track the rise of the "Professional Managerial Class."
by Michael J. Kramer via Society for U.S. Intellectual History on March 6, 2022
The Central Bank of the Russian Federation.

The Modern History of Economic Sanctions

A review of “The Economic Weapon: The Rise of Sanctions as a Tool of Modern War."
by Henry Farrell via Lawfare on March 1, 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
Artistic depiction meant to represent the global supply chain. At center is planet Earth, which has a hole in the middle. Earth is surrounded by 3 intersecting rings of various colors. The rings depict freight transport (transporting goods by rail, sea, and truck).

How We Broke the Supply Chain

Rampant outsourcing, financialization, monopolization, deregulation, and just-in-time logistics are the culprits.
by David Dayden, Rakeen Mabud via The American Prospect on January 31, 2022
Pile of US paper currency.

Austerity Policies In The United States Caused ‘Stagflation’ In The 1970s

U.S. government policies must continue to support physical and social infrastructure spending amid the continuing pandemic to avoid ‘stagflation’.
by Andrew Yamakawa Elrod via Washington Center For Equitable Growth on January 11, 2022
Drawing of Smedley Butler in front of a map background.

The Marine Who Turned Against U.S. Empire

What turned Smedley Butler into a critic of American foreign policy?
by Patrick Iber via The New Republic on January 11, 2022
Aerial view of trees in Tongass National Forest, Alaska.

This Tree has Stood Here for 500 Years. Will it be Sold for $17,500?

Old-growth trees in Alaska's Tongass National Forest are embroiled in the politics of timber and climate change.
by Juliet Eilperin via Washington Post on December 30, 2021
Statue of Stonewall Jackson, on its side in slings and propped up by tires, in front of its graffiti-covered pedestal.

What the 1619 Project Got Wrong

It erases the fact that, for the first 70 years of its existence, the US was roiled by intense, escalating conflict over slavery – a conflict only resolved by civil war.
by James Oakes via Catalyst on December 17, 2021
Three black students holding hands though the smoke during the Children's Crusade

The Authoritarian Right’s 1877 Project

As the GOP undermines Black political rights in the present, some right-wing intellectuals are rationalizing Black disenfranchisement in the past.
by Eric Levitz via Intelligencer on December 14, 2021
President Harry Truman at a podium, giving a speech at NATO's inception in 1949.

Containment Can Work Against China, Too

There are important differences between Xi Jinping’s China and the Soviet Union, but the Cold War still offers clear strategic guidance for the U.S.
by Hal Brands via The Wall Street Journal on December 3, 2021
A naval cap with Soviet and American flags beneath the Pepsi logo

The Doomed Voyage of Pepsi’s Soviet Navy

A three-decade dream of communist markets ended in the scrapyard.
by Paul Musgrave via Foreign Policy on November 27, 2021
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