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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.
by
Monica Prasad
via
Made By History
on
April 26, 2023
Extravagances of Neoliberalism
On how the fringe ideas of a set of American neoliberals became a new and pervasive way of life.
by
Melinda Cooper
,
Benjamin Kunkel
via
The Baffler
on
May 13, 2024
1989-2001: America’s Long Lost Weekend
From the fall of the Berlin Wall to 9/11, we had relative peace and prosperity. We squandered it completely.
by
Walter Shapiro
via
The New Republic
on
June 27, 2022
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.
by
Eric Levitz
,
Adam Tooze
via
Intelligencer
on
August 7, 2020
The Democrats Are Eisenhower Republicans
For decades, Democrats have positioned themselves as fiscally responsible while Republicans happily hand tax cuts to the rich.
by
Josh Mound
via
Jacobin
on
July 3, 2017
The Education of David Stockman
"None of us really understands what's going on with all these numbers."
by
William Greider
via
The Atlantic
on
December 15, 1981
partner
Who Controls the Purse? Presidential Power and the Fight Over Spending
Trump is reviving a controversial budget tactic, putting a Nixon-era fight over presidential power and congressional authority back in the headlines.
by
Sarah Weiser
via
Retro Report
on
May 23, 2025
How America Wasted Its Most Powerful Economic Weapon
If world leaders had been clearer about the sanctions Putin would face, they might have deterred his invasion of Ukraine.
by
Edward Fishman
via
The Atlantic
on
February 24, 2025
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
partner
Biden’s Inflation Reduction Act Exposes Our Allergy to Taxes
The rise of a new tax politics has made it harder to address our problems, and now it threatens democracy, too.
by
Molly Michelmore
via
Made By History
on
August 19, 2022
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
The End of Friedmanomics
The famed economist’s theories were embraced by Beltway power brokers in both parties. Finally, a Democratic president is turning the page on a legacy of ruin.
by
Zachary D. Carter
via
The New Republic
on
June 17, 2021
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.
by
Adam Tooze
via
London Review of Books
on
July 22, 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
Obama's Original Sin
A new insider account reveals how the Obama administration’s botched bailout deal reinforced neoliberal Clintonism.
by
Eric Rauchway
via
Boston Review
on
April 23, 2019
Fannie, Freddie, and the Destructive Dream of the 'Ownership Society'
Unwinding the mortgage giants won't cure Americans of their desire to own a home, whether they can afford it or not.
by
Zachary Karabell
via
The Atlantic
on
August 10, 2013
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David Stockman