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Jonathan Levy

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  • Adam Smith (left), George Stigler (center), Milton Friedman (right), Hyde Park streetscape in the background.

    The Localist

    Why did Chicago become the headquarters of free market fundamentalism? Adam Smith offers a clue.
    by Jonathan Levy via Boston Review on June 28, 2023
Book
Ages of American Capitalism: A History of the United States
Jonathan Levy
2021

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Construction workers, high up in a building, looking down over New York City.

Land of Capital

The history of the United States as the history of capitalism.
by Steven Hahn via The Nation on November 1, 2021

Portrait of the United States as a Developing Country

Dispelling myths of entrepreneurial exceptionalism, a sweeping new history of U.S. capitalism finds that economic gains have always been driven by the state.
by Justin H. Vassallo via Boston Review on May 1, 2021
Milton Friedman (left) in 1978.

Freedom and the State in Thomas Sowell’s America

Tracing Thomas Sowell’s shift from Marxism to the Chicago school of economics.
by Oscar Hughff-Coates via Journal of the History of Ideas Blog on October 6, 2025

Writing the History of Capitalism with Class

The "new history of capitalism" cuts class politics at the expense of history.
by Thomas Jessen Adams via Nonsite on September 9, 2019
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