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Collage of various Republican faces and symbols.

The Long Unraveling of the Republican Party

Three books explore a history of fractious extremism that predates Donald Trump.
by Kim Phillips-Fein via The Atlantic on September 6, 2022
A vacant home surrounded by a chain link fence is seen in Los Angeles, February 16, 2010.

Why Obama-Era Economists Are So Mad About Student Debt Relief

It exposes their failed mortgage debt relief policies after the Great Recession.
by David Dayen, Lindsay Owens via The American Prospect on August 31, 2022
Robert F. Kennedy on the presidential campaign trail in 1968.

Beyond GDP: Changing How We Measure Progress is Key to Tackling a World in Crisis

Amid the global threats posed by climate change, energy costs, unemployment and inequality, the need to rethink progress is now an urgent priority.
by Paul Allin, Diane Coyle, Tim Jackson via The Conversation on August 18, 2022
Woman placing groceries on conveyor belt at grocery store
partner

The Way to Fight Inflation Without Rising Interest Rates and a Recession

History shows that targeted price caps work when accompanied by a public campaign.
by Meg Jacobs via Made By History on August 9, 2022
FDR signing a bill into law.

On Economics And Democracy

High unemployment is extremely dangerous.
by Zachary D. Carter via In The Long Run on July 29, 2022
President Bill Clinton laughs after delivering remarks on welfare reform.

How the Democrats Learned to Stop Worrying and Love the Free Market

In the 1990s, the New Democrats trusted corporations to do the right thing. The results were disastrous.
by Maia Silber via Jacobin on July 18, 2022
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.
by Jason Jewell via Law & Liberty on June 28, 2022
A woman wearing a winter coat and a mask walks outside the headquarters of the International Monetary Fund, Washington, D.C., January 2022.

How the System Was Rigged

The global economic order and the myth of sovereignty.
by Branko Milanović via Foreign Affairs on June 21, 2022
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
Black and white photograph of crowd in China holding pictures of Mao Zedong in celebration.

U.S. Relations With China 1949–2022

U.S.-China relations have evolved from tense standoffs to a complex mix of intensifying diplomacy, growing international rivalry, and increasingly intertwined economies.
via Council On Foreign Relations on May 26, 2022
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.
by Andrew Yamakawa Elrod via Phenomenal World on May 19, 2022
Cover for a book of scrip for use at American Potash and Chemical’s company stores, 1937.

Greenbacks, Chits, and Scrip

Alternative currencies flourish in desperate times and situations.
by Michael Meyer via Distillations on May 3, 2022
Bill Clinton speaking to a crowd.

How the Democrats Ditched Economic Populism for Neoliberalism

On the pro-business transformation of the Democratic Party.
by Michael Kazin via Literary Hub on March 28, 2022
Cleveland-Stevenson Tariff Reform Portrait Handkerchief

Tax Regimes

Historian Robin Einhorn reflects on Americans’ complicated relationship to taxes, from the colonial period through the Civil War to the tax revolts of the 1980s.
by Robin Einhorn, Noam Maggor via Phenomenal World on March 24, 2022
Farmers harvest wheat near the village of Tbilisskaya, Russia, July 21, 2021. That nation’s farmers produce nearly a fifth of world wheat exports.

How High Energy Prices Emboldened Putin

Rupert Russell’s new book shows how the financialization of commodity prices worsens volatility and destabilizes geopolitics. It couldn’t be more timely.
by Tim Sahay via The American Prospect on March 22, 2022
The Central Bank of the Russian Federation.

The Modern History of Economic Sanctions

A review of “The Economic Weapon: The Rise of Sanctions as a Tool of Modern War."
by Henry Farrell via Lawfare on March 1, 2022
The mushroom cloud created by the Castle Bravo nuclear test

The US Devastated the Marshall Islands — And Is Now Refusing to Aid the Marshallese People

The 1954 US nuclear tests absolutely devastated the small island nation, but the US has steadfastly refused to make real amends for it.
by Chuck McKeever via Jacobin on February 16, 2022
WWII Advertisement that highlights price controls.

Price Controls, Black Markets, And Skimpflation: The WWII Battle Against Inflation

To control inflation during WWII, the U.S. government resorted to wide-ranging price controls. Unintended consequences may be the reason they aren't used today.
by Greg Rosalsky via NPR on February 8, 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
Donald Trump speaking at a meeting with small businesspeople at the White House on January 30, 2017.

Family Capitalism and the Small Business Insurrection

The increasingly militant right supports the private, unincorporated, and family-based versus the corporate, publicly traded, and shareholder-owned.
by Melinda Cooper via Dissent on January 13, 2022
Pile of US paper currency.

Austerity Policies In The United States Caused ‘Stagflation’ In The 1970s

U.S. government policies must continue to support physical and social infrastructure spending amid the continuing pandemic to avoid ‘stagflation’.
by Andrew Yamakawa Elrod via Washington Center For Equitable Growth on January 11, 2022
Formal portrait photo of Destin Jenkins.

Public Thinker: Destin Jenkins on Breaking Bonds

“What if we identified the politics of municipal debt as circumscribing political horizons and futures?”
by Destin Jenkins, Hannah Appel via Public Books on December 13, 2021
Sign reading "One World" with a picture of Earth.

Climate Change Governance: Past, Present, and (Hopefully) Future

The 2015 Paris Agreement represented a shift in the climate regime towards "new governance," expanding the roles of nation-states and non-state actors alike.
by Jessica Green via Cambridge University Press on December 2, 2021
partner

What’s Missing in the Debate About Inflation

What we think we know about stifling inflation could be wrong.
by Yong Kwon via Made By History on November 16, 2021
The U.S. national debt clock.

Clearing the Air on the Debt Limit

This report clarifies five issues commonly raised in debt limit debates and explores some open questions.
by D. Andrew Austin, Sean M. Stiff via Congressional Research Service on November 10, 2021
Picture of Joe Manchin

Joe Manchin’s Deep Corporate Ties

An underexamined aspect of Manchin’s pro-business positions in the Senate is his early membership in the American Legislative Exchange Council.
by Dan Kaufman via The New Yorker on October 26, 2021

Neoliberalism Died of COVID. Long Live Neoliberalism!

How the predominant ideology of our time survived the pandemic.
by Eric Levitz via Intelligencer on October 14, 2021
Alan Krueger speaks during a press briefing at the White House.

Tragedy Kept Alan Krueger From Claiming a Nobel Prize, but He’s Not Forgotten

The economist, along with David Card, was instrumental in changing America’s mind about the minimum wage.
by Timothy Noah via The New Republic on October 14, 2021
President Madison ending the Embargo Act cartoon

James Madison and the Debilitating American Tendency to Make Everything About the Constitution

The U.S. Constitution was the reason for Madison and Hamilton's breakup.
by William Hogeland via Hogeland's Bad History on October 11, 2021
Ronald Reagan pointing at a graph explaining his proposed tax policy.

Ronald Reagan and the Myth of the Self-Made Entrepreneur

Why a policy agenda adopted in the name of entrepreneurs hurt entrepreneurs more than it helped them.
by Steven K. Vogel via The Economic Historian on October 5, 2021
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