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Robert Mundell receives the Nobel Prize in economics from Swedish King Carl XVI Gustaf, in 1999.

Remembering the Father of Supply-Side Economics

Robert Mundell’s theories spawned decades of economic debate and still matter to the big ideas of today.
Peanuts, bagged and ready for transport, are stacked in pyramids at Kano, Northern Region, Nigeria, 1955.

After Slavery: How the End of Atlantic Slavery Paved a Path to Colonialism

Abolition in Africa brought longed-for freedoms, but also political turmoil, economic collapse and rising enslavement.

The People, It Depends

What's the matter with left-populism? A review of Thomas Frank's "The People, No: A Brief History of Anti-Populism."
Protesters at a rally for a $15 minimum wage
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The Missing Piece of the Minimum Wage Debate

History shows that boosting the minimum wage leads to consumer spending.
Donald and Melania Trump waving from airplane.

How America Changed During Donald Trump’s Presidency

Donald Trump's four-year tenure in the White House revealed extraordinary fissures in American society but left little doubt that he is a unique figure.
A family sitting around the television together

A Brief History of Consumer Culture

Over the 20th century, capitalism preserved its momentum by molding the ordinary person into a consumer with an unquenchable thirst for more stuff.
Thorstein Veblen in 1880, the year he graduated from Carleton College

The Prophet of Maximum Productivity

Thorstein Veblen’s maverick economic ideas made him the foremost iconoclast of the Age of Iconoclasts.
An illustration of boats in the water.

Capitalism, Slavery, and Economic White Supremacy

On the racial wealth gap.

Footing the COVID-19 Bill: Economic Case for Tax Hike on Wealthy

There is a strong economic case for raising taxes on the rich to help repair public finances following the pandemic.
Alexander Hamilton on the ten dollar bill

What We Still Get Wrong About Alexander Hamilton

Far from a partisan for free markets, the Founding Father insisted on the need for economic planning. We need more of that vision today.
Horses standing next to a car.

What Extremely Muscular Horses Teach Us About Climate Change

You can’t understand the history of American energy use without them. A new visual history puts them in context.
Factory workers on an assembly line.

From Keynes to the Keynesians

Socialised investment and the spectre of full employment.
Empty boardroom

The Limits of Telecommuting

Perhaps the lesson to take from this year of living online is not about making better technology. It’s about recognizing technology’s limits.
Men at a table surrounded by flags of the world.

Why Is America the World’s Police?

A new book explains how U.S. political elites sold the UN to the public as a route to global peace, while all along wanting it as a cover for militarization.

The World Henry Ford Made

A new history charts the global legacy of Fordist mass production, tracing its appeal to political formations on both the left and the right.

Thirty Glorious Years

Postwar prosperity depended on a truce between capitalist growth and democratic fairness. Is it possible to get it back?
1912 political cartoon of the Aldrich Plan depicted as an octopus with tentacles on a bank, a factory, and a farm while spitting coins into the NYSC.

A Popular History of the Fed

On Populist programs and democratic central banking.
Remnants of a mural of Viking boats.

Did Indigenous Americans and Vikings Trade in the Year 1000?

Centuries before Columbus, Vikings came to the Western hemisphere. How far into the Americas did they travel?

The Revolutionary Thoreau

Generations of readers have chosen to emphasize Thoreau's spiritual communion with Nature, but Walden begins with trenchant critique of “progress.”

A Historian of Economic Crisis on the World After COVID-19

A leading expert on financial crises explains how the pandemic is upending economic orthodoxy and raising the stakes of the 2020 election.
A pen and ink portrait of Alexander Hamilton as Treasury Secretary.

A New Hamilton Book Looks to Reclaim His Vision for the Left

In “Radical Hamilton,” Christian Parenti argues that the left should use Alexander Hamilton’s mythologized status to drive home his full agenda.

Whose Century?

One has to wonder whether the advocates of a new Cold War have taken the measure of the challenge posed by 21st-century China.
The USS Constitution glides through Boston Harbor.
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Early Americans Knew Better Than President Trump How To Prioritize Health

A public uprising forced Boston to prioritize fighting smallpox over the economy in 1792.
Tent for a Sons of Confederate Veterans camp, with flags and memorabilia.

Ohio Has Always Had Confederate Apologists

In June, Ohio legislators refused to ban confederate memorabilia from county fairs. The state has long had a complicated relationship with the Confederacy.
Statue of men in a bread line at the FDR memorial.

Who Remembers the Panic of 1819?

We haven’t built many memorials to panics, recessions, or depressions, but maybe we should.
An artist's rendition of a ghost.

The Indebted Dead

Tracing the history of the Grateful Dead folktale and the evolving obligations of being alive.
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.
Demonstrators protest COVID public health measures.
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Conservative Fatalism About the Coronavirus Might Actually Help Us

The philosophy behind calls to lift stay-at-home orders.

Milk Country

The making of Vermont's landscape.
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Public Health Isn’t The Enemy of Economic Well-Being

As 19th century reformers showed, only a healthy workforce can fuel economic prosperity.

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