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A cowboy on a horse surrounded by grazing cows on open grassland.

A Short Political-Economic History of Property Rights in the American West

How the Tragedy of the Commons theory played out in reality.
Depiction of an agricultural fair with crowds of people gathered around exhibit halls.

Slavery, Technology and the Social Origins of the US Agricultural State

Ariel Ron discusses the rise of the agricultural state in his book, Grassroots Leviathan: Agricultural Reform and the Rural North in the Slaveholding Republic.
OPA rent control promotional poster

Wartime Wisdom to Combat Inflation

FDR managed inflation during World War II through government policy. Today’s calamities call for a similar approach.
Political cartoon of the U.S Capitol

The Liberals Who Weakened Trust in Government

How public interest groups inadvertently aided the right’s ascendency.
Chemical plant worker

Where Would We Be Without the New Deal?

A new history charts the forgotten ways the social politics of the Roosevelt years transformed the United States.
Cribs in maternity ward
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Worried About a Population Bust? History Shows We Shouldn’t Be.

Letting panic about fertility rates drive policy is dangerous.
Picture of Richard Nixon from National Archive.

The Day That Richard Nixon Changed U.S. Economic Policy Forever

Fifty years ago, in response to rising inflation, he rejected several long-standing practices. His Keynesian turn holds lessons for today’s economy.
Cover page of the August 1957 issue of Nation's Business, featuring a clamp tightening in on dollar signs.

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Treasury Secretary Janet Yellen said America faces an economic crisis fifty years in the making. But how can we name the long crisis, much less explain it?
Photo of economist Albert Hisrchman surrounded by abstract drawings

We Don't Know, But Let's Try It

For economist Albert Hirschman, social planning meant creative experimentation rather than theoretical certainty.
Collage-style design of Milton Friedman and his work

The End of Friedmanomics

The famed economist’s theories were embraced by Beltway power brokers in both parties. Finally, a Democratic president is turning the page on a legacy of ruin.
Book cover of "When Good Government Meant Big Government," with text and red and blue stripes in the style of campaign signs.

When Good Government Meant Big Government

An interview with Jesse Tarbert about the history of the American state, “big government,” and the legacy of government reform efforts.
Auto workers on strike outside a General Motors plant in Detroit, September 1970.

When Americans Took to the Streets Over Inflation

In the 60s and 70s, spiraling prices for staples like meat and gasoline wreaked havoc on the U.S. economy, thanks to political and policy mistakes.
Mitch McConnell
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The Fissure Between Republicans and Business is Less Surprising Than it Seems

Business groups have always worked with both parties to support globalization and free trade.
Packages of beef cuts
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What Scaremongering About Inflation Gets Wrong

Inflation isn't inexorably a bad thing. In fact, it used to be considered good.
The plough, the loom and the anvil book drawing

In the Common Interest

How a grassroots movement of farmers laid the foundation for state intervention in the economy, challenging the slaveholding South.

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.
FDR with eyes crossed out with red line

Is It Time to Cancel FDR?

Today’s progressives are children of the old Republican Party, not the New Deal Democrats. Roosevelt and his followers stood for nearly everything they oppose.
Robert Mundell receives the Nobel Prize in economics from Swedish King Carl XVI Gustaf, in 1999.

Remembering the Father of Supply-Side Economics

Robert Mundell’s theories spawned decades of economic debate and still matter to the big ideas of today.
President Biden in a warehouse
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Government Has Always Picked Winners and Losers

A welfare state doesn't distort the market; it just makes government aid fairer.

The People, It Depends

What's the matter with left-populism? A review of Thomas Frank's "The People, No: A Brief History of Anti-Populism."
Protesters at a rally for a $15 minimum wage
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The Missing Piece of the Minimum Wage Debate

History shows that boosting the minimum wage leads to consumer spending.
class politics graphic of voters facing off

The Politics of a Second Gilded Age

Mass inequality in the Gilded Age thrived on identity-based partisanship, helping extinguish the fires of class rage. In 2021, we’re headed down the same path.
image of Milton Friedman reading a book

"Welfare Without The Welfare State": The Death of the Postwar Welfarist Consensus

Cash transfers are an efficient response to the Covid-19 crisis, but UBI is a radical transformation of how states conceptualise and provide for people’s needs.
A mural advertising the Super Bowl in Tampa Bay.
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Sports Gambling Could Be the Pandemic’s Biggest Winner

But it probably won’t be the savior some expect.
Herbert Hoover in January 1933

Herbert Hoover Did Something Donald Trump is Unwilling to Do

While Herbert Hoover was deeply critical of his successor, he put aside his differences to ensure the peaceful and democratic transition of power.
A composite photograph of South Carolina's majority-black legislature created and circulated by opponents of Reconstruction

The Austerity Politics of White Supremacy

Since the end of the Confederacy, the cult of the “taxpayer” has provided a socially acceptable veneer for racist attacks on democracy.
Black and white photo of a girl sitting with a baby carriage and dollhouse

The US Government Can Provide Universal Childcare — It’s Done So in the Past

There’s no reason we can’t have universal childcare that’s wildly popular and provides high-quality care — in fact, during World War II, we did.

Footing the COVID-19 Bill: Economic Case for Tax Hike on Wealthy

There is a strong economic case for raising taxes on the rich to help repair public finances following the pandemic.
Alexander Hamilton on the ten dollar bill

What We Still Get Wrong About Alexander Hamilton

Far from a partisan for free markets, the Founding Father insisted on the need for economic planning. We need more of that vision today.
Freight train traveling through grasslands.

Forty Years After Surface Freight Deregulation

The regulatory reforms of the railroad and trucking industries are models for evidence-based, bipartisan policymaking.

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