economic policy — Bunk History

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There’s Something Fishy About U.S.-Canada Trade Wars

In the 19th century, a tariff dispute actually came to blows, with 30 million frozen herring caught in the middle.

by David Singerman via The Atlantic on June 14, 2018

Trump glares at Trudeau at the G7 meeting.

Trump Has Ignored the Worst Chapter of U.S.-Canada Relations

The War of 1812 holds lessons about the costly error of tariffs — not the threat of Canadians.

by Lawrence B. A. Hatter via Made By History on June 14, 2018

Donald Trump holding up a bill he signed.

Ceding Power to the Executive is Backfiring on Free-Trade Advocates

Liberal Democrats sidestepped Congress to bring free trade to the U.S. Now, Trump is able to do the same thing to destroy it.

by Jennifer Delton via Made By History on June 7, 2018

The Truth About Trade Wars: Everyone Loses, and the Damage Is Hard To Undo

President Trump is repeating the mistakes of the Great Depression.

by Sebastian Edwards via Made By History on June 6, 2018

Political cartoon of special interests looming over the Senate.

Markets Aren't Natural, Government Have to Make Them Work

"Marketcraft" is one of the most important functions for any government.

by Steven K. Vogel via OUPblog on May 30, 2018

Full Employment and Freedom

The fight for a full employment bill forty years ago offers lessons for supporters of a job guarantee today.

by David Stein via Jacobin on May 25, 2018

Putin and Trump.

The Secret Life of Statutes: A Century of the Trading with the Enemy Act

What began as an effort to define and punish trading with the enemy has transformed into economic warfare.

by Benjamin Coates via Modern American History on May 16, 2018

Hyman Minsky’s Views on the “Welfare Mess”

The intellectual father of the job guarantee movement saw it as a replacement for the social safety net.

by Matt Bruenig via People's Policy Project on May 13, 2018

The Long, Tortured History of the Job Guarantee

How liberals, over decades, worked to undermine a proposal that has long enjoyed public support.

by Peter-Christian Aigner, Michael Brenes via The New Republic on May 11, 2018

Amazon packages on a conveyor belt.

It's Time For Cities To Stop Giving Tax Breaks To Corporations

To fight back against corporate power, cities have to cooperate, not compete.

by Corey Tazzara via Made By History on May 8, 2018

How Congress Used the Post Office to Unite the Nation

Trump says Amazon is scamming the USPS. But its low shipping rates were a game changer for rural America.

by Stephen Mihm via Bloomberg on April 4, 2018

Taft and Trump

Much more than time separates the 27th president from the 45th.

by Jeffrey Rosen via The Atlantic on March 19, 2018

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

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