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Full Employment and Freedom

The fight for a full employment bill forty years ago offers lessons for supporters of a job guarantee today.
by David Stein via Jacobin on May 25, 2018

The Crash of ’87, From the Wall Street Players Who Lived It

An oral history of the biggest one-day stock market drop in history.
by Richard Dewey via Bloomberg on October 16, 2017
Income tax form

Tax Time

Why we pay.
by Jill Lepore via The New Yorker on November 19, 2012

Penny Dreadful

They’re horrid and useless. Why do pennies persist?
by David Dale Owen via The New Yorker on March 24, 2008
The COVID virus as the desert sun.

How Covid Shaped Climate Policy

Five years from the emergence of the disease, the world — and the climate — is still grappling with its effects.
by Tim Sahay, Kate MacKenzie via Heatmap on December 18, 2024
A view of Wall Street and Federal Hall in the Financial District in New York City.

In the 1970s, the Left Put a Good Crisis to Waste

In "Counterrevolution," Melinda Cooper reads the 1970s economic crisis as an elite revolt rather than proof of the New Deal order’s unsustainability.
by Scott Aquanno, Stephen Maher via Jacobin on October 24, 2024
Chart of wholesale prices in the UK, showing inflation peaking in 1920.

Dollar Dominance and Modern Monetary Macro in the 1920s

How the U.S. created a new kind of managed and political monetary system in the wake of World War I.
by Adam Tooze via Chartbook on August 18, 2024
Eisenhower.
partner

The GOP's 72-Year-Old Inflation Playbook

Since the 1950s, the GOP has simplified the causes of inflation in order to blame Democrats.
by Johnny Fulfer via Made By History on August 14, 2024
Zoology plate of parasitic worms.

Is Finance a "Parasite"?

Tracing financial capital—from J. P. Morgan to BlackRock.
by Anna Pick, Scott Aquanno, Stephen Maher via Public Seminar on June 25, 2024
Title card of the cartoon, featuring FDR committing money to a federal housing program.

The Tragedy and Tenacity of Public Housing in America

A cartoon report on the only policy proven to address the housing shortage and how racism, inept management, and disinvestment led to long-term decline.
by Eric Orner via The Nation on March 18, 2024
Depositors of a failed bank hold a protest during the Great Depression.

A Decisive Influence: The American Public’s Role in Financial Regulation

The history of grassroots banking politics has been overlooked — and even denied.
by Christopher W. Shaw via Process: A Blog for American History on March 12, 2024
A group of birds with one standing on top of the rest.

Rules for the Ruling Class

How to thrive in the power élite—while declaring it your enemy.
by Evan Osnos via The New Yorker on January 22, 2024
Ronald Reagan addressing the nation on tax reduction legislation from the Oval Office
partner

History Explains the Racial Wealth Gap

Ronald Reagan's economic policies exacerbated the racial wealth gap— and they've guided all his successors.
by Calvin Schermerhorn via Made By History on December 4, 2023
Political cartoon depicting busts of Ronald Reagan, Milton Friedman, and Alan Greenspan on a mantle with spider webs.

The End of Milton Friedman’s Reign

The Chicago school ruled supreme over economics—until recently.
by Patrick Iber via The New Republic on November 13, 2023
Protesters and tenants facing displacement hold placards as they attend a rally against private equity-backed firm Greenbrook Partners in Brooklyn, New York on October 15, 2021.

Shared Terrain

The neoliberal order has been exposed as fraudulent, inefficient, and inequitable. Yet it hardly lies in the dustbin of history.
by Julia Ott via Dissent on September 19, 2023
From left to right portraits of Ronald Reagan, George W. Bush and Donald Trump.
partner

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
Jimmy Carter at a podium against the backdrop of an American flag.

Is Jimmy Carter Where Environmentalism Went Wrong?

Carter’s austerity was part of a bigger project. It didn’t really have much to do with environmentalism.
by Kate Aronoff via The New Republic on April 18, 2023
Photo of Abraham Lincoln in front of images of infrastructure and currency.

How the U.S. Paid for the Civil War

Lincoln's wartime governance had dire, and longstanding, economic consequences.
by Jeffrey Rogers Hummel via Reason on September 17, 2022
Woman placing groceries on conveyor belt at grocery store
partner

The Way to Fight Inflation Without Rising Interest Rates and a Recession

History shows that targeted price caps work when accompanied by a public campaign.
by Meg Jacobs via Made By History on August 9, 2022
Store window selling shirts and ties mentioning the "Nixon Squeeze"

The Burglaries Were Never the Story

The historical insights of one era have been lost to the journalistic instincts of another.
by Andrew Yamakawa Elrod via n+1 on July 13, 2022
A woman wearing a winter coat and a mask walks outside the headquarters of the International Monetary Fund, Washington, D.C., January 2022.

How the System Was Rigged

The global economic order and the myth of sovereignty.
by Branko Milanović via Foreign Affairs on June 21, 2022
The United States of America, or as it’s also known: New York’s “back yard”.

Satirical Cartography: A Century of American Humor in Twisted Maps

Satire and an inflated sense of self-importance collide in a series of maps that goes back more than 100 years in American history.
by Frank Jacobs via Big Think on April 19, 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
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
The U.S. national debt clock.

Clearing the Air on the Debt Limit

This report clarifies five issues commonly raised in debt limit debates and explores some open questions.
by D. Andrew Austin, Sean M. Stiff via Congressional Research Service on November 10, 2021
Neoclassical building with "South Dakota" carved on entablature
partner

When South Dakota Became the New Cayman Islands for Banks and Finance

One bank's desperation and a state's economic needs undermined regulations protecting consumers.
by Sean H. Vannatta via Made By History on October 14, 2021
A construction machine lifts giants stacks of paper money.

The U.S. Is Politically Bankrupt

For political reasons, powerful people don’t want the country to pay its bills. History shows all that could go wrong.
by Rebecca L. Spang via The Atlantic on October 8, 2021
OPA rent control promotional poster

Wartime Wisdom to Combat Inflation

FDR managed inflation during World War II through government policy. Today’s calamities call for a similar approach.
by David Stein via Democracy Journal on August 31, 2021
Picture of the "Words That Made Us."

Context and Consequences

On Akhil Reed Amar’s “The Words That Made Us,” a new history of America’s constitutional conversation.
by Joel Seligman via Los Angeles Review of Books on August 3, 2021
Postcard depicting the Montefiore Hospital in Pittsburgh

The Rise of Healthcare in Steel City

On deindustrialization, the care economy, and the living legacies of the industrial workers’ movement.
by Gabriel Winant, Nick Serpe via Dissent on March 18, 2021
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