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.
Black and white photo of D-Day Normandy Landings

For the Anniversary of D-Day - Blitzkrieg Manquée? Or, a New Mode of "Firepower War"?

Why and how did D-Day succeed? The question has given postwar historians no peace.

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.

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.

We Remember World War II Wrong

In the middle of the biggest international crisis ever since, it’s time to admit what the war was—and wasn’t.

We’ve Never Been Here Before

This is nothing like 2008. Or even 1914.
Demonstrators hold a painting of Vladimir Putin and Donald Trump outside a Trump rally in Phoenix, Arizona, August 22, 2017.

Democracy and Its Discontents

A consideration of four recent books that attempt to contend with the rise of Trumpism at home and abroad.

Is This the End of the American Century?

Has Trump permanently damaged the credibility of the presidential office?

Neoliberalism’s World Order

Neoliberalism set out not to demolish the state, but to create an international order strong enough to override democracy in the service of private property.