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Factory cloth samples.

Chinese Production, American Consumption

The convergence of economy and politics in the Sino-US relationship via Jonathan Chatwin’s “The Southern Tour” and Elizabeth O’Brien Ingleson’s “Made in China.”
by Kate Merkel-Hess via Los Angeles Review of Books on July 28, 2024
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
Wilt Chamberlain with young people holding Nixon signs.

How the World’s Biggest Basketball Star Helped Richard Nixon Woo Black Voters

It was a bold plan to win over Black voters skeptical of the Democratic Party. But it turned out to be an illusion.
by Shaun Assael via Politico Magazine on July 7, 2024
Percentage sign written in clouds.

The Federal Reserve’s Little Secret

No one really knows how interest rates work—not the experts who study them, the investors who track them, or the officials who set them.
by Rogé Karma via The Atlantic on June 27, 2024
Hand throwing crumpled dollar bills into pile

Extravagances of Neoliberalism

On how the fringe ideas of a set of American neoliberals became a new and pervasive way of life.
by Melinda Cooper, Benjamin Kunkel via The Baffler on May 13, 2024
A advertisement for the BankAmericard depicting it as a card for the American family.

How Did America Become the Nation of Credit Cards?

Americans have always borrowed, but how exactly did their lives become so entangled with the power of plastic cards?
by Sean H. Vannatta via Aeon on April 22, 2024
Starbucks workers on strike.

The Paradox of the American Labor Movement

It’s a great time to be in a union—but a terrible time to try to start a new one.
by Michael Podhorzer via The Atlantic on April 18, 2024
Franklin D. Roosevelt’s 1933 presidential inauguration.

The First New Deal

Planning, market coordination, and the National Industrial Recovery Act of 1933.
by Sanjukta Paul via Phenomenal World on March 28, 2024
Law and Political Economy Project

Recovering the Left-Wing Free Trade Tradition

Free trade has been defended primarily by neoliberals who cared little about social justice or democracy. An examination of its history paints a different picture.
by Marc-William Palen via LPE Project on March 21, 2024
Benjamin Franklin on the 100 dollar bill with a crash test helmet edited onto his head.

The Crash Next Time

Can histories of economic crisis provide us with useful lessons?
by Trevor Jackson via New York Review of Books on March 14, 2024
A painting of a farmer holding a hoe behind his back in an open field.

Eyes on the Farm Bill!

Congress’s periodic battles over the Farm Bill often pass unnoticed, but the document effectively determines what, how, and how much we eat.
by Christopher Bosso via New York Review of Books on March 10, 2024
Economist Milton Friedman poses next to a bust sculpture of himself

The Century of Milton Friedman

An interview with Jennifer Burns on her authoritative new biography of the American economist and the personal and intellectual origins of his theories.
by Jennifer Burns, Daniel Steinmetz-Jenkins via The Nation on February 5, 2024
Donald Trump in Alabama.
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To Understand Trump's Appeal, Look to Alabama History

The transformation of Alabama politics in the 1960s and 1970s reflected the rise of a new version of Republicanism that Trump has perfected.
by Ashley Steenson via Made By History on January 25, 2024
Milton Friedman.

Milton Friedman, the Prizefighter

The economist’s lifelong pugilism wasn’t in spite of his success—it may have been the key to it.
by Krithika Varagur via The New Yorker on January 12, 2024
Collage depicting shipping containers, a scale weighing American dollars, and a screen of numbers and percentages

Free Trade's Origin Myth

American elites accepted the economic theory of "comparative advantage" mainly because it justified their geopolitical agenda.
by Oren Cass via Law & Liberty on January 2, 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
Tank on the street of Santiago, Chile.

How Pinochet's Chile Became a Laboratory for Neoliberalism

The Chicago Boys and the tragedy of the Chilean coup.
by Vincent Bevins via The Nation on November 14, 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
Swale Land, painting by Edward Mitchell Bannister, 1898, depicting nature.

Vacant Unsettled Lands

American thinkers consider what the already occupied West could fund.
by Michael A. Blaakman via Lapham’s Quarterly on October 25, 2023
Quarter teetering on the edge of a plank of wood

The 1970s Economic Theory That Needs to Die

Turns out you can tame inflation without triggering a recession. Will the Federal Reserve accept the good news?
by Rogé Karma via The Atlantic on October 20, 2023
Franklin D. Roosevelt.

Voices from the Wilderness

The actual history of New Deal policies provides little evidence that it was a rollicking success.
by Kevin Schmiesing via Law & Liberty on October 10, 2023
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
Children in a Head Start classroom look out a window at others in the playground.
partner

America Already Knows How to Address Child Poverty

The history of Head Start shows that child poverty is a choice.
by Michelle Bezark via Made By History on October 5, 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
Friedrich Hayek listens to the president of the Centro de Estudios Públicos in Chile, Jorge Cauas, speak in April 1981.

Neoliberal Economists Like Milton Friedman Cheered on Augusto Pinochet’s Dictatorship

Friedrich von Hayek and Milton Friedman helped devise Pinochet's economic agenda and endorsed the brutal repression that was needed to force it through.
by Jessica Whyte via Jacobin on September 11, 2023
The Vessel in New York City.

Stumbling Into Submission: How Real Estate And Finance Capital Conquered New York City

Hudson Yards received a $6 billion cocktail of public subsidies, including tax breaks and infrastructure improvements, to create a billionaires' playground.
by Katelin Penner via The Metropole on September 6, 2023

The Life of the Party

In his latest book, Michael Kazin argues that the Democrats have long sought to build a “moral capitalism.” Have they ever succeeded?
by Osita Nwanevu via New York Review of Books on August 29, 2023
Axe chopping down columns

The Rise and Fall of Neoliberalism

The free market used to be touted as the cure for all our problems; now it’s taken to be the cause of them.
by Louis Menand via The New Yorker on July 17, 2023
Ronald Reagan and Mikhail Gorbachev signing the Intermediate Nuclear Forces Reduction Treaty in Washington, D.C., in December 1987.

The Myth of Reagan’s Cold War Toughness Haunts American Foreign Policy

Hawks may claim that uncompromising defense policies won the Cold War. But his pursuit of peace was more important.
by Sean T. Byrnes via The New Republic on July 6, 2023
Protesters holding a sign that reads "Student debt cancelation is legal"
partner

History Says Student Loan Debt Relief Isn’t Un-American

Americans have long demanded — and regularly received — debt relief from legislatures.
by Emily Zackin, Chloe Thurston via Made By History on June 30, 2023
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