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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.
by Michael Kazin via The Nation on July 26, 2021
Cribs in maternity ward
partner

Worried About a Population Bust? History Shows We Shouldn’t Be.

Letting panic about fertility rates drive policy is dangerous.
by Mytheli Sreenivas via Made By History on July 19, 2021
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.
by Bruce Bartlett via The New Republic on July 9, 2021
Cover page of the August 1957 issue of Nation's Business, featuring a clamp tightening in on dollar signs.

Preferred Shares

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?
by Tim Barker via Phenomenal World on June 24, 2021
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.
by Simon Torracinta via Boston Review on June 17, 2021
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.
by Zachary D. Carter via The New Republic on June 17, 2021
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.
by Jesse Tarbert via Law & History Review on June 16, 2021
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.
by Jon Hilsenrath via The Wall Street Journal on June 11, 2021
Mitch McConnell
partner

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.
by Jennifer Delton via Made By History on June 7, 2021
Packages of beef cuts
partner

What Scaremongering About Inflation Gets Wrong

Inflation isn't inexorably a bad thing. In fact, it used to be considered good.
by Rebecca L. Spang via Made By History on May 25, 2021
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.
by Nic Johnson, Chris Hong, Robert Manduca via Boston Review on May 18, 2021

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.
by Justin H. Vassallo via Boston Review on May 1, 2021
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.
by Michael Lind via Tablet on April 11, 2021
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.
by Bruce Bartlett via The New Republic on April 7, 2021
President Biden in a warehouse
partner

Government Has Always Picked Winners and Losers

A welfare state doesn't distort the market; it just makes government aid fairer.
by David M. P. Freund via Made By History on March 29, 2021

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."
by Erik Baker via n+1 on March 24, 2021
Protesters at a rally for a $15 minimum wage
partner

The Missing Piece of the Minimum Wage Debate

History shows that boosting the minimum wage leads to consumer spending.
by Colleen Doody via Made By History on February 25, 2021
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.
by Matthew Karp via Jacobin on February 17, 2021
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.
by Daniel Zamora, Anton Jäger via New Statesman on February 9, 2021
A mural advertising the Super Bowl in Tampa Bay.
partner

Sports Gambling Could Be the Pandemic’s Biggest Winner

But it probably won’t be the savior some expect.
by Jonathan D. Cohen via Made By History on February 5, 2021
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.
by Meg Jacobs via CNN on January 20, 2021
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.
by Vanessa Williamson via Dissent on January 11, 2021
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.
by Daphna Thier via Jacobin on December 27, 2020

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.
by David Hope, Julian Limberg via The Conversation on December 16, 2020
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.
by Michael Busch, Christian Parenti via Boston Review on December 14, 2020
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.
by Jerry Ellig via The Regulatory Review on December 14, 2020

The Real History of Race and the New Deal

Material benefits trumped FDR's terrible civil rights records.
by Matthew Yglesias via Slow Boring on December 11, 2020
Factory workers on an assembly line.

From Keynes to the Keynesians

Socialised investment and the spectre of full employment.
by Tim Barker via Verso on December 4, 2020
A political cartoon of the panic, depicting mobs, drunkards, and class struggles.

Panic of 1837

The panic of 1837 was a financial crisis in the United States that triggered a multi-year economic depression.
by Stephen Campbell via The Economic Historian on November 12, 2020
1912 political cartoon of the Aldrich Plan depicted as an octopus with tentacles on a bank, a factory, and a farm while spitting coins into the NYSC.

A Popular History of the Fed

On Populist programs and democratic central banking.
by Noam Maggor, Anton Jäger via Phenomenal World on October 1, 2020
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