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The Vessel in New York City.

Stumbling Into Submission: How Real Estate And Finance Capital Conquered New York City

Hudson Yards received a $6 billion cocktail of public subsidies, including tax breaks and infrastructure improvements, to create a billionaires' playground.
by Katelin Penner via The Metropole on September 6, 2023
Illustration of someone walking up stairs made up of the working class.

How the War on Poverty Stalled

The study of poverty has flourished in recent decades. Why haven’t the lives of the poor improved?
by Kim Phillips-Fein via The New Republic on August 28, 2023
From left to right portraits of Ronald Reagan, George W. Bush and Donald Trump.
partner

The 40-Year Path that Left the GOP Unable to Balance the Budget

First, the GOP became the party of tax cuts and now it won't touch entitlements — which makes a balanced budget nearly impossible.
by Monica Prasad via Made By History on April 26, 2023
Voter registration at the Brookfield Conference Center in the Milwaukee suburb of Brookfield on Nov. 8.
partner

Suburbs Have Moved Leftward — Except Around Milwaukee

A far right politics that developed in the middle of the 20th century has prevented Democrats from gaining as they have in suburbs elsewhere.
by Ian Toller-Clark via Made By History on April 14, 2023
Exhibit

The Way We Tax

From municipal government to international trade, these writings examine the political rhetoric, economic theories, and changing policies of taxation in the U.S.
Luigi Einauldi, present of Italy in 1948, seated at his desk

The Dawn of Austerity

An interview with the author of "The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism."
by Nick Serpe, Clara Mattei via Dissent on February 17, 2023
Painting of soldiers on the front.

How They Paid for the War

In World War II, the US had a planned economy. Its principles were similar to MMT.
by Sam Levey via Strange Matters on January 27, 2023
An illustration of a family tree that is filled with money.

The Getty Family’s Trust Issues

Heirs to an iconic fortune sought out a wealth manager who would assuage their progressive consciences. Now their dispute is exposing dynastic secrets.
by Evan Osnos via The New Yorker on January 16, 2023
Illustration of Robert Greenstein holding his glasses

How One Man Quietly Stitched the American Safety Net Over Four Decades

Robert Greenstein isn’t a household name. But his career lobbying for the poor has changed the lives of millions of Americans.
by Dylan Matthews via Vox on November 14, 2022
Federal Reserve Note featuring Salmon Chase held by the National Numismatic Collection, National Museum of American History

The War with Inflation and the Confederacy

During the Civil War, the Lincoln administration demonstrated that a progressive agenda and effective anti-inflationary measures could overlap.
by Andrew Donnelly via Public Books on September 20, 2022
Photo of Abraham Lincoln in front of images of infrastructure and currency.

How the U.S. Paid for the Civil War

Lincoln's wartime governance had dire, and longstanding, economic consequences.
by Jeffrey Rogers Hummel via Reason on September 17, 2022
Ronald Reagan pointing at a graph explaining his tax policy.
partner

Inflation Opened the Door to American Neoliberalism

An excerpt from "The Hidden History of Neoliberalism."
by Thom Hartmann via HNN on September 11, 2022
American politicians with supporters and German citizens in the background

1989-2001: America’s Long Lost Weekend

From the fall of the Berlin Wall to 9/11, we had relative peace and prosperity. We squandered it completely.
by Walter Shapiro via The New Republic on June 27, 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
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

We Can’t Blame the South Alone for Anti-Tax Austerity Politics

The legacy of slavery is often invoked to explain the stunted welfare state. But the strongest resistance to taxation and redistribution came from the Northern ruling class.
by Noam Maggor via Jacobin on November 15, 2021

Merchants of Death

From the Nye Committee to Joe Kent, the fight against war profiteering is a constant struggle.
by Hunter DeRensis via The American Conservative on November 8, 2021
Abandoned school bus with broken windows.

White Flight In Noxubee County: Why School Integration Never Happened

After the U.S Supreme Court forced school integration in early 1970, white families fled to either racist Central Academy or new Mennonite schools.
by Donna Ladd via Mississippi Free Press on October 29, 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
A map marking The Bahamas with a pin of its flag.

In the 1930s, the Bahamas Became a Tax Problem for Treasury

When struggling with tax enforcement, rich countries have long tried to shift blame to poor countries.
by Joseph J. Thorndike via Forbes on June 24, 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
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
Repairs being made at the site of a water main break
partner

What Early American Infrastructure Politics Can Teach the Biden Administration

Infrastructure plans are always political. The key is being inclusive and focusing on the public good.
by Keith Pluymers, Harrison Diskin via Made By History on March 16, 2021
A drawing of the Boston Massacre.

Early American Urban Protests

Eric Hinderaker offers a masterclass in how to peel back the layers of data, scholarship, and propaganda to understand what we call the Boston Massacre.
by Bob Carey via The Metropole on January 19, 2021
Person on beach with a cigar in their mouth and holding money in their hand

The End of Empire and the Rise of Tax Havens

How decolonisation propelled the growth of low-tax jurisdictions, with lasting economic implications for former colonies.
by Vanessa Ogle via New Statesman on December 18, 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

From Keynes to the Keynesians

Socialised investment and the spectre of full employment.
by Tim Barker via Verso on December 4, 2020
Milton Friedman poses with a sculpture of himself.

Colossus Wears Tweed

A number of recent books blame the rise of neoliberalism on economists. But the evidence suggests it is still capital that rules.
by Quinn Slobodian via Dissent on December 1, 2020
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