History
-
What Lehman Brothers Tells Us About American Capitalism
Jun 11, 2019
Ben Power, who adapted the play “The Lehman Trilogy,” talks about the eponymous family’s role in the creation and destruction of American wealth
-
Rates of Return on Everything: A New Database
Jun 4, 2019
Returns on wealth exceed growth for more countries, more years, and more dramatically than Piketty has found
-
Coding Private Money
Jun 3, 2019
The state has long used law to back private money—with dire consequences, then and now
-
Modern Monetary Inevitabilities
May 31, 2019
For all the talk of Modern Monetary Theory representing a brave new frontier, it is easy to forget that the United States has gone down this road before, when the US Federal Reserve financed the war effort in the 1940s. Then, as now, the question is not about government debt, but about the debt’s purpose and justification.
-
Socialism in Our Time?
May 21, 2019
One of America’s leading socialists discusses how a collectively owned economy would be structured, the limits of the welfare state, and what Keynes understood that Marx didn’t
-
Antitrust in American History: Law, Institutions, and Economic Performance
May 2, 2019
The Chicago School’s weakening of antitrust law hurt the economy
-
Working Paper Series
Antitrust and Economic History: The Historic Failure of the Chicago School of Antitrust
May 2019
This paper presents an historical analysis of the antitrust laws.
-
Can Markets Corrode Relationships?
Mar 25, 2019
Kristen Ghodsee discusses her research on how love and relationships function under socialism and capitalism, and what economists miss about the rise of right-wing populism in Eastern Europe
-
Krishna Bharadwaj, the Torchbearer of Economics
Mar 21, 2019
During her long career she illuminated many of the shortcomings of neoclassicism, and offered alternative paths
-
Joan Robinson, the Rational Rebel
Mar 5, 2019
The heterodox scholar was a fierce critic of neoclassical economics. But she also insisted that economics be driven by science, not ideology.
-
The Black Woman Economist Who Pioneered a Federal Jobs Guarantee
Feb 22, 2019
Decades before it caught on with other economists, Sadie Alexander was the first economist to recommend a government jobs guarantee in the US
-
Science and Subterfuge in Economics
Feb 17, 2019
John Kenneth Galbraith noted in 1973 that establishment economics had become the “invaluable ally of those whose exercise of power depends on an acquiescent public.” If anything, economists’ embrace of that role has grown stronger since then.
-
Working Paper Series
The Contributions of Socioeconomic and Opioid Supply Factors to Geographic Variation in U.S. Drug Mortality Rates
Feb 2019
Economic distress in rural areas and opioid exposure in cities are key indicators of overdose deaths
-
The Bogus Paper that Gutted Workers’ Rights
Feb 6, 2019
For years, governments in India and much of the developing world have followed the advice of a paper arguing that labor regulations actually hurt workers. The problem? The research was wrong.
-
Working Paper Series
Labor Laws and Manufacturing Performance in India: How Priors Trump Evidence and Progress Gets Stalled
Feb 2019
For years, governments in India and much of the developing world have followed the advice of a paper arguing that labor regulations actually hurt workers. The problem? The research was wrong.