History

A new book, The Hamilton Scheme, explores a very different founder than the one we’ve come to think we know.

By 1812 the U.S. already had more business corporations than any other country and possibly more than all other countries combined.

By 1812 the U.S. already had more business corporations than any other country, and possibly more than all other countries put together, securing its role as the world’s first “corporation nation.”

An excerpt from Revolt of the Rich: How the Politics of the 1970s Widened America’s Class Divide by David N. Gibbs, published by Columbia University Press (2024)

Wang Hui, author of The Rise of Modern Chinese Thought, now available in English, provides conceptual guidance for understanding China’s intellectual progress in a conversation with INET’s Lynn Parramore.

Reinterpreting Bagehot’s mature work as the origin of the key currency tradition

Read in the context of his time, Bagehot’s book Lombard Street appears as an attempt above all to reveal the dynamic of globalization when global money was sterling.

Smith did not advocate a single-minded pursuit of profit

Historians Naomi Oreskes (Harvard University) and Erik Conway (Caltech) talk to Rob about their just released book, The Big Myth: How American Business Taught Us to Loathe Government and Love the Free Market.

Perry Mehrling’s new book traces the rise of the dollar through the life and career of influential economist Charles Kindleberger

How a bleak Christian theology influenced the development of the dismal science

Why does the apparently prescient and correct “key currency” view remain an embattled minority view?

Things are going to break and central banks are going to have to respond, but the mental frame that most people will be using is not well suited for understanding how the world now works

This research project explores the factors producing “herding” in the economics profession and professional investment community with the goal of articulating policy changes appropriate to the organization of the economics profession and its practices in particular.

This research project recounts the intellectual history of the dollar as an international reserve currency, starting with World War I, which brought the international gold standard to an end, and continuing all the way up to the present global financial crisis.