economic policy — Bunk History

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Infrastructure is Good for Business

During the Depression, business leaders knew that public works funding was key to economic growth. Why have we forgotten that lesson?

by Brent Cebul on March 12, 2018

America’s Tumultuous History With Tariffs

From William McKinley to Ronald Reagan, Donald Trump has plenty of precedent if he's looking for it.

by Robert W. Merry via The American Conservative on March 6, 2018

'Trade Wars Are Good'?

Three past conflicts tell a very different story.

by Marc-William Palen via The Conversation on March 5, 2018

Congress Handed to the President the Power to Level Tariffs

A republic needs a legislature that can handle such tasks. We don’t have one.

by Jay Cost via National Review on March 5, 2018

James Madison Would Like a Few Words on Trade Wars

The fourth president tried all kinds of sanctions to open markets, but still ended up in the War of 1812.

by Noah Feldman via Bloomberg on March 5, 2018

Somewhere in Between

The rise and fall of Clintonism.

by Ryan Cooper via The Nation on February 14, 2018

LBJ signing the Civil Rights Act of 1964.

What Everyone Gets Wrong About LBJ’s Great Society

It wasn't some radical left-wing pipedream. It was moderate; and it worked.

by Joshua Zeitz via Politico Magazine on January 28, 2018

Man giving a speech for the Taxpayers League of Minnesota.

Half a Century of Anti-tax Orthodoxy Is Wrong

Taxation is at the heart of any serious economic growth policy.

by Felicia Wong via Boston Review on December 15, 2017

How Obama Destroyed Black Wealth

The nation's first African-American president was a disaster for black wealth.

by Matt Bruenig, Ryan Cooper via Jacobin on December 7, 2017

The Shark and the Hound

America’s long history of predatory lending.

by Meagan Day via The Baffler on December 1, 2017

I’m a Depression Historian. The GOP Tax Bill is Straight Out of 1929.

Republicans are again sprinting toward an economic cliff.

by Robert S. McElvaine via Washington Post on November 30, 2017

The Supply-Side Swindle

For decades, the GOP has used tax cuts to achieve its political goals. So why do Dems keep treating "supply-side" as an economic strategy?

by Brent Cebul on November 17, 2017

Children playing stick ball in the alley.

How the U.S. Government Locked Black Americans Out of Attaining the American Dream

The wealth gap between white Americans and black Americans is stark.

by Mehrsa Baradaran, Emma Roller via Splinter on October 11, 2017

House destroyed by hurricane in Puerto Rico.

Decisions More Than a Century Ago Explain Why The U.S. Has Failed Puerto Rico in Its Time of Need

Fears about trade prompted the decision to make Puerto Rico a colony.

by Marc-William Palen via Made By History on October 3, 2017

Reagan poses for a photo op after with a stack of tax cut legislation in 1981.

I Helped Create the GOP Tax Myth. Trump is Wrong: Tax Cuts Don’t Equal Growth.

The best growth in recent memory came after President Bill Clinton raised taxes in the ’90s.

by Bruce Bartlett via Washington Post on September 28, 2017

Puerto Rico Syllabus

Essential tools for critical thinking about the Puerto Rican debt crisis.

by Marisol LeBrón, Yarimar Bonilla, Sarah Molinari via Puerto Rico Syllabus on September 27, 2017

Mont Pelerin in Virginia

A new book on James Buchanan and public-choice theory explores the Southern roots of the free-market right.

by Kim Phillips-Fein via The Nation on September 7, 2017

Putin and Trump.

How a WWI-era Law Set the Stage for the Trump-Russia Controversy

And why Congress should do more to wrest back control of economic sanctions.

by Benjamin Coates via Made By History on July 31, 2017

The Incredible Lost History of How “Civil Rights Plus Full Employment Equals Freedom”

Why the policies of the Federal Reserve were a central focus for the civil rights movement.

by Jon Schwarz via The Intercept on July 17, 2017

Political cartoon depicting American colonies celebrating July 4th.

American Consumer Empire in Puerto Rico

Puerto Ricans were forced to become “Porto Ricans” – adopting Anglo customs while subsidizing American profits.

by William Horne via The Activist History Review on July 14, 2017

The Return of Monopoly

With Amazon on the rise and a business tycoon in the White House, can a new generation of Democrats return the party to its trust-busting roots?

by Matt Stoller via The New Republic on July 13, 2017

3 Ways to Think About the American Revolution

The complex combination of grievances that fueled the war had to do with taxes, class, and nationalism.

by Benjamin Studebaker via Benjamin Studebaker on July 5, 2017

The Democrats Are Eisenhower Republicans

For decades, Democrats have positioned themselves as fiscally responsible while Republicans happily hand tax cuts to the rich.

by Josh Mound via Jacobin on July 3, 2017

Donald Trump and Theresa May

Protectionism 100 Years ago Helped Ignite a World War. Could it Happen Again?

Abandoning free trade doesn't just hurt the economy. It threatens peace and stability across the globe.

by Marc-William Palen via Made By History on June 30, 2017

How our Appetite for Cheap Food Drove Rural America to Trump

Consumer demand and government policy decimated rural America.

by Benjamin Davison via Made By History on June 30, 2017

Roosevelt signing the Social Security Act.

This Amazing Woman is the Forgotten Architect of the American Social Security System

You can thank her for your retirement benefits.

by Stephanie Buck via Timeline on June 8, 2017

A painting of a "traditional" mid-20th century nuclear family.

All in the Family Debt

How neoliberals and conservatives came together to undo the welfare state.

by Melinda Cooper via Boston Review on May 31, 2017

Coretta Scott King.

Why Coretta Scott King Fought for a Job Guarantee

She saw economic precarity as not just a side effect of racial subjugation, but as central to its functioning.

by David Stein via Boston Review on May 16, 2017

NAFTA Policy Reveals a Distinction Between Trump, Ross Perot, and Patrick Buchanan

Trump has echoed the NAFTA policy of his politically upstart forbearers—mostly.

by Paul Adler via HNN on May 7, 2017

Political cartoon showing the effects of the recession, including idle ships, drunk men, and a woman and child begging a banker for mercy.

The Panic of 1837

A primary source set and teaching guide created by educators.

by Samantha Gibson via Digital Public Library of America on January 1, 2017

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