Plans for the Baldwin Terrace housing development (Plat Book 22, Page 35, St. Louis County Recorder of Deeds, Clayton, Missouri).

Who Segregated America?

Federal housing policies contributed to the segregation of American cities in the twentieth century. But it was private interests that led the way.
Page in a book that reads "Humulus Lupulus No. 50 Common Hops"

Plant of the Month: Hops

As the craft beer industry reckons with its oppressive past, it may be time to re-examine the complicated history (and present) of hops in the United States
Booker T. Washington addressing a laughing crowd of African American men in Lakeland, Tennessee, during his campaign promoting African American education. Ca. 1900.

Market Solutions to Ancient Sins

Freedom and prosperity are the most effective cure for the scars of slavery and racism.
“The Marriage of Convenience,” 1883, by William Quiller Orchardson, depicting a bored young woman and an older man at opposite ends of a long dining room table.

How To Lose a Guy in the Gilded Age

Uncovering the resort where rich women sought the elusive right to divorce
Servers at a Facebook data center

Build a Better Internet

An interview with Ben Tarnoff, the author of "Internet for the People: The Fight for Our Digital Future."
Palm Oil Farm from above

The Irreplaceable: Palm Oil Dependency

Cheap palm oil is part of an interlocking late capitalist system.
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How Watergate and Citizens United Shaped Campaign Finance Law

Watergate led to a landmark law designed to limit the influence of money in politics. Today, some say the scandal isn’t what’s illegal, it’s what’s legal.
Cover to Eric Helleiner's "The Neomercantilists: A Global Intellectual History," a Japanese=style screen print depicting men discussing business by a train, with boats in the background.

Developmental Realism

Now is a critical time to acquire a better understanding of this misunderstood and oversimplified philosophy known as Neomercantilism.
Alexander Berkman speaks in Union Square at a gathering of the Industrial Workers of the World.

The “Wobblies” Documentary Reminds Us Why Bosses Are Still Scared of the IWW

The recently rereleased 1979 film can teach today’s workers how to throw their weight around.
Colorful bar graph.

‘Wallets and Eyeballs’: How eBay Turned the Internet Into a Marketplace

The story of the modern web is often told through the stories of Google, Facebook, Amazon. But eBay was the first conqueror.
A photograph of a protest against Jim Crow laws.

The Wealth of Two Nations: The U.S. Racial Wealth Gap, 1860 - 2020

The racial wealth gap is the largest of the economic disparities between Black and white Americans, and one of the most persistent.
Kris Manjapra standing outside by a wall. He examines the history of when slavery ended, emancipation laws kept the enslaved in bondage—and rewarded the enslavers.

How Slavery Ended Slowly, and Emancipation Laws Often Kept the Enslaved in Bondage

Tufts Professor Kris Manjapra examines the history of the injustice of abolition in the U.S. and abroad and the need for reparations in his new book.
An enslaved Alabama family and the question of generational wealth in the US

An Enslaved Alabama Family and the Question of Generational Wealth in the US

Wealthy planter Samuel Townshend wanted to leave this estate to his children when he died—an ordinary enough wish. The trouble was: his children were enslaved.
Collage of of Stewart Brand peeking out from behind the earth.

Stewart Brand’s Dubious Futurism

What did the creator of the Whole Earth Catalog stand for?
Graphic of money breaking the chains holding black hands.

There’s No Freedom Without Reparations

A movement to secure payments for descendants of enslaved people rages on.
Picture of a man mopping a gas station bathroom floor.

Believe It or Not, Gas Station Bathrooms Used to Be Squeaky Clean. Here's What Changed.

Spotless bathrooms used to be a crucial selling point for gas stations.
Chains with ivy on it

Endowed by Slavery

Harvard made headlines by announcing that it would devote $100 million to remedying “the harms of the university’s ties to slavery.”
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.
Images of European Immigrants arriving to America on Ellis Island.

The Myth of the Rapid Mobility of European Immigrants

Ran Abramitzky and Leah Boustan on the data illusion of the rags-to-riches stories.
A line of cars waiting their turn at a filling station in Portland, Oregon, 1973.

The Price of Oil

The history of control and decontrol in the oil market.
Curt Flood of the Saint Louis Cardinals, May 1966. Flood challenged Major League Baseball’s “reserve clause” barring players from changing teams.

A People’s History of Baseball

Communists fighting the color line. Baseball players resisting owners. Baseball's untold history of struggles against racial injustice and labor exploitation.
A cave in Kansas formerly used to store government cheese.

Why Did the U.S. Government Amass More Than a Billion Pounds of Cheese?

The long, strange saga of government cheese.
The Marriner S. Eccles Federal Reserve Board Building under construction.

“Supreme Court of Finance:” Democratic Legitimacy and the Development of the Federal Reserve System

What degree of legitimacy by voters does a public institution need in a democracy, and how much independence do experts in such an institution need to do their job?
Poster with women pledging to "pay not more than top legal prices" and "accept no rationed goods without giving up ration stamps"

Politics and the Price Level

On inflation, institutions, and the governance of the price level.
Reflection on glass of a bitcoin symbol and a downward trending stock market graph.
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Digital Currencies Are Repeating the Problems of 19th-Century Paper Money

History’s lessons for the volatile digital currency markets.
Empty shelves in a grocery store, specifically an aisle for infant formula products.
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Lessons From World War II Can Help us Navigate the Baby Formula Shortage

Children from poor families or with special formula needs are most at risk.
A 1948 color-coded map of Robeson County identifying racially segregated schools.

Financing Schools

On school funding and America’s kleptocratic public school divide.
Interior of car dealership.

Why Car Shopping is So Bizarre in the United States

The reasons have to do with the complexity of the transaction, but also with the industry’s explosive growth in its early years.
Henry Holt, a farmer near Black River Falls, Wisconsin, in 1937, who was moved off land by the Resettlement Administration.

How the Government Helped White Americans Steal Black Farmland

There was once a thriving Black middle class based on farm ownership. But during the twentieth century, the USDA helped erase that source of wealth.
Drawings of protest sign reading "Workers of the world unite" with an asterisk, and another smaller one reading "Not You."

Redefining the Working Class

The diminished status of the non-white working class is not a matter of accident, but of design.