American Economics

With the rising global demand for cotton - and thus, slaves - in the 1840s and 1850s, the need for white laborers in the American South was drastically reduced, creating a large underclass who were unemployed or underemployed. These poor whites could not compete - for jobs or living wages - with profitable slave labor. Though impoverished whites were never subjected to the daily violence and degrading humiliations of racial slavery, they did suffer tangible socioeconomic consequences as a result of living in a slave society.

The fascinating true story of how a group of visionary attorneys helped make American business synonymous with Big Business, and Wall Street the center of the financial world “Entertaining.”—The Wall Street Journal “Fast-paced history.”—Library Journal “Insightful and...

During the 45 years of the Cold War, policymakers from the United States and the Soviet Union vied for primacy in the Middle East. Their motives, long held by historians to have had an ideological thrust, were, in fact, to gain control over access to oil and claim geographic and strategic...

Throughout the 20th century, "free enterprise" has been a contested keyword in American politics, and the cornerstone of a conservative philosophy that seeks to limit government involvement into economic matters. Lawrence B. Glickman shows how the idea first gained traction in American discourse and was championed by opponents of the New Deal. Those politicians, believing free enterprise to be a fundamental American value, held it up as an antidote to a liberalism that they maintained would lead toward totalitarian statism.

Why is less than 1% of rural land in the U.S. owned by Black people? An acclaimed writer and activist explores the impact of land theft and violent displacement on racial wealth gaps, arguing that justice stems from the literal roots of the earth. “With heartfelt prose and unyielding honesty...

The inside story of how our political class enabled an era of unaccountable corporate might that left ordinary Americans isolated and powerless—and how we can fight back—from the acclaimed author of The Unbroken Thread “In Tyranny, Inc., Sohrab Ahmari, one of the leading thinkers of our...

By one reading, things look pretty good for Americans today: The country is richer than ever before, and the unemployment rate is down by half since the Great Recession. But a closer look shows that something is going seriously wrong. This is the collapse of work - especially among America's men. Political economist Nicholas Eberstadt shows that while "unemployment" has gone down, America's work rate is also lower today than a generation ago - and that the work rate for US men has been spiraling downward for half a century.

As Reeves shows, the growing separation between the upper middle class and everyone else can be seen in family structure, neighborhoods, attitudes, and lifestyle. Those at the top of the income ladder are becoming more effective at passing on their status to their children, reducing overall social mobility. The result is not just an economic divide but a fracturing of American society along class lines. Upper-middle-class children become upper-middle-class adults.

The buying and selling of citizenship has become a legitimate, thriving business in just a few years. Entrepreneurs are renouncing America and Europe in favor of tax havens in the Caribbean with the help of a cottage industry of lawyers, bankers, and consultants that specialize in expatriation...

In this “barn burner of a book” (The New York Times Book Review) New York magazine senior writer Sarah Jones blends personal stories and in-depth reporting to expose the harsh reality of America’s culture of inequality and the devastating impact of the pandemic on our nation’s most...

The world--famous former con artist and bestselling author of Catch Me if You Can now reveals the mind--boggling tricks of the scam trade--with advice that has made him one of America's most sought--after fraud--prevention experts. "I had as much knowledge as any man alive concerning the...

Groundbreaking look at slaves as commodities through every phase of life, from birth to death and beyond, in early America In life and in death, slaves were commodities, their monetary value assigned based on their age, gender, health, and the demands of the market. The Price for Their Pound of...

A widely-read Washington Post columnist takes a deep dive into what the end of the baby boom means for American politics and economics. Philip Bump, a reporter as adept with a graph as with a paragraph, is popular for his ability to distill vast amounts of data into accessible stories. THE...

American monopolies dominate, control, and consume most of the energy of our entire economic system; they function the same way as cancer does in a body, and like cancer, they weaken our systems while threatening to crash the entire body economics. American monopolies have also seized massive political power and use it to maintain their obscene profits and CEO salaries while crushing small competitors.

A queer Black feminist debunks the myth of rainbow solidarity, repositioning Black and Latinx LGBTQ+ people at the forefront of queer pasts, presents, and futures Your favorite Black queer studies professor Kaila Adia Story says the rainbow ain’t never been enough in this introduction to the...

Often blamed for the rising rates of obesity and diabetes among black Americans, fast food restaurants like McDonald's have long symbolized capitalism's villainous effects on our nation's most vulnerable communities. But how did fast food restaurants so thoroughly saturate black neighborhoods in the first place? In Franchise, acclaimed historian Marcia Chatelain uncovers a surprising history of cooperation among fast food companies, black capitalists, and civil rights leaders, who believed they found an economic answer to the problem of racial inequality.

If you want to discover the captivating history of the Reconstruction Era and Gilded Age, then pay attention....

The Anchor Hocking Glass Company, once the world's largest maker of glass tableware, was the base on which Lancaster's society was built. As Glass House unfolds, bankruptcy looms. With access to the company and its leaders, and Lancaster's citizens, Alexander shows how financial engineering took hold in the 1980s, accelerated in the 21st century, and wrecked the company.

2025 Science in Society Journalism Award winner: "A searing indictment of systemic injustice…With safety regulations facing renewed threats, The Cancer Factory is, tragically, more timely than ever.” “No journalist knows more about toxic chemicals in the workplace than Jim Morris.”...

"An inspiring and informative page-turner." –Walter Isaacson Longlisted for the FT/McKinsey Business Book of the Year Award The authoritative account of the race to produce the vaccines that are saving us all, from the #1 New York Times bestselling author of The Man Who Solved the Market...