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The White House surrounded by outlines of Iran, Russia, North Korea, Cuba, Venezuela, China, Syria, and Afghanistan.

How Four U.S. Presidents Unleashed Economic Warfare Across the Globe

U.S. sanctions have surged over the last two decades and are now in effect on almost one-third of all nations. But are they doing more harm than we realize?
by Jeff Stein, Federica Cocco via Washington Post on July 25, 2024

Friends and Enemies

Marty Peretz and the travails of American liberalism.
by Jeet Heer via The Nation on May 14, 2024
President Clinton walks with Jiang Zemin past rows of Chinese soldiers.

It’s the Global Economy, Stupid

A new book on the Clinton presidency reveals how it abandoned a progressive vision for a finance-led agenda for economics and geopolitics.
by Lily Geismer via The American Prospect on October 6, 2023
The Federal Reserve building under ominous black clouds.

The Federal Reserve Exists to Protect The Economic Status Quo

What is the Federal Reserve, and who put it in charge? Is there no other way to fight inflation? Just what the hell is going on here?
by Rob Larson via Current Affairs on May 15, 2023
Debt written on a blackboard

How We All Got in Debt

Consumer debt shapes American lives so thoroughly that it seems eternal and immortal, but it’s actually relatively new to the financial world.
by Louis Hyman, Livia Gershon via JSTOR Daily on June 2, 2022
Illustrated cargo ship surrounded by a train loop.

How America’s Supply Chains Got Railroaded

Rail deregulation led to consolidation, price-gouging, and a variant of just-in-time unloading that left no slack in the system.
by Matthew Jinoo Buck via The American Prospect on February 4, 2022
Men wearing tuxedos carry a coffin and a "Here Lies Jim Crow" sign down a street as a demonstration against "Jim Crow" segregation laws in 1944.

No Quick Fixes: Working Class Politics From Jim Crow to the Present

Political scientist Adolph Reed Jr. discusses his new memoir.
by Adolph Reed Jr., Jon Queally via Common Dreams on February 1, 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

Merchants of Death

From the Nye Committee to Joe Kent, the fight against war profiteering is a constant struggle.
by Hunter DeRensis via The American Conservative on November 8, 2021
View from the Empire State Building, August 1975.

A Crisis Without Keynes: The 1975 New York City Fiscal Crisis Revisited

An analysis of the factors that contributed to NYC's massive financial crisis in the 1970s, and the austere solutions that perpetuated it.
by Michael Beyea Reagan via The Gotham Center on August 12, 2021
Cover page of the August 1957 issue of Nation's Business, featuring a clamp tightening in on dollar signs.

Preferred Shares

Treasury Secretary Janet Yellen said America faces an economic crisis fifty years in the making. But how can we name the long crisis, much less explain it?
by Tim Barker via Phenomenal World on June 24, 2021
A man walks amongst deteriorating giant busts of U.S. presidents.

Take Me to Your Leader: The Rot of the American Ruling Class

For more than three centuries, something has been going horribly wrong at the top of our society, and we’re all suffering for it.
by Doug Henwood via Jacobin on April 21, 2021
A painting of a slave ship.

New York City and the Persistence of the Atlantic Slave Trade

Even after slave trade was banned, the United States and New York City, in particular, were complicit in allowing it to persist.
by Gerald Horne via The Nation on February 24, 2021
GameStop store

What Would the Socialist Who Created the Hedge Fund Think of the GameStop Mess?

When Alfred Winslow Jones created the hedge fund in 1949, the key to its approach was short sales, a practice the GameStop mess returned to public infamy.
by David Huyssen via Los Angeles Times on February 12, 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
Lithograph of a New York City street in 1830, bustling with pedestrians and horse-drawn carriages.

The Black New Yorker Who Led the Charge Against Police Violence in the 1830s

David Ruggles' fight against the "kidnapping club" in the 1830s shows that police violence has been part of America's DNA from its earliest days.
by Jonathan Daniel Wells via TIME on June 17, 2020

Jubilee Jim Fisk and the Great Civil War Score

In 1865, a failed stockbroker tries to pull off one of the boldest financial schemes in American history: the original big short.
by David K. Thomson via Boston Globe Magazine on April 22, 2020

The Long Roots of Corporate Irresponsibility

Nicholas Lemann’s history of 20th century corporations, Transaction Man, shows how an unrelenting faith in the market and profit doomed the American economy.
by Rick Perlstein via The Nation on March 17, 2020
Victoria Woodhull speaks as the Judiciary Committee of the House of Representatives receives a group of female suffragists, January 11, 1871

The Scandalous and Pioneering Victoria Woodhull

The first woman to run for president was infamous in her day.
by John Strausbaugh via National Review on February 8, 2020
Alan Greenspan holding his right hand up to speak under oath, with an eagle seal on the wall behind him.

When Alan Met Ayn: "Atlas Shrugged" and Our Tanked Economy

We owe at least part of the 2008 financial crisis to Ayn Rand's philosophy of objectivism.
by Maria Bustillos via Popula on October 11, 2019
Milton Friedman.

Milton Friedman Was Wrong

The famed economist’s “shareholder theory” provides corporations with too much room to violate consumers’ rights and trust.
by Eric Posner via The Atlantic on August 22, 2019

The Credo Company

A shocking story about the biggest company in the US's most profitable industry.
by Steven Brill via Highline on August 1, 2019

Wayward Leviathans

How America's corporations lost their public purpose.
by David Ciepley via The Hedgehog Review on March 1, 2019

The First Midterm ‘Wave’ Election That Ended Total Republican Control of Government

In 1874, Democrats picked up an astounding 94 seats in the 293-seat House.
by Robert B. Mitchell via Retropolis on November 4, 2018
U.S. Senators Bob Dole and Birch Bayh shaking hands.

How Big Pharma Was Captured by the One Percent

The industry's price-gouging economic model was engineered by Wall Street and its political enablers—and only Washington can fix it.
by Alexander Zaitchik via The New Republic on June 28, 2018

How Obama Destroyed Black Wealth

The nation's first African-American president was a disaster for black wealth.
by Matt Bruenig, Ryan Cooper via Jacobin on December 7, 2017

The Return of Monopoly

With Amazon on the rise and a business tycoon in the White House, can a new generation of Democrats return the party to its trust-busting roots?
by Matt Stoller via The New Republic on July 13, 2017
Manhattan Island, half with buildings and half wooded as it looked before New York City was built.

New York - Before the City

Mannahatta's fascinating pre-city ecology of hills, rivers, wildlife when Times Square was a wetland and you couldn't get delivery.
by Eric W. Sanderson via TED on July 1, 2009

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