The Heroic Contribution of Michael Milken

– March 10, 2020

There are no companies, no jobs, and there is no progress without investment, and Milken would vastly improve the world around him through skillful development of the companies not recognized by traditional banks and investment banks, but that would be greatly enhanced through bespoke finance.


Entrepreneur Couney Brought Incubators to the Preemies

– March 6, 2020

One of Couney’s early stations was at the 1901 Buffalo World’s Fair. Also on display was an early X-ray machine whose inventor would soon win the first physics Nobel Prize.


What the 1619 Project’s Critics Get Wrong about Lincoln

– March 6, 2020

Since its publication last August, the New York Times’ 1619 Project has come under a barrage of withering critiques. Historians took it to task for exaggerating the role of slavery as a motivating factor behind the Revolutionary War, while economists quickly dissected its empirically suspect…


Is Bernie Right about Education in Cuba?

– March 2, 2020

What explains the rising literacy rates and rising levels of educational achievements is also what explains the regime’s ability to continually repress Cuban people.


Enough of this Idea of Presidential Greatness

– February 23, 2020

What constitutes a great president? Every presidential election, pundits and commentators opine on the characteristics of presidents that made them great. Starting in 1948, at the impulse of Arthur Schlesinger Sr. of Harvard University, historians have …


The Case for Retracting Matthew Desmond’s 1619 Project Essay

– February 11, 2020

Since the outset of the 1619 Project controversy, I have consistently argued that the overwhelming majority of the project’s problems derive from a single featured essay: Matthew Desmond’s piece on capitalism and slavery. This essay advances an explici …


How America Became Rich, According to a Historian in 1802

– January 30, 2020

For the last quarter century, I have tried to explain the causes of economic growth to my fellow historians. A few have caught on but not the ones whose publications garner the most attention. New Historians of Capitalism/Slavery are the worst offender …


FDR and Stalin Planned the Future of the World

– January 27, 2020

For the establishment of the UN, Franklin Delano Roosevelt gave Joseph Stalin virtually everything the tyrant wanted.


The Overuse of the “Roaring Twenties”

– January 21, 2020

The problem is that this image is a fiction. In no way does the evidence from the field of economic history support it. Maybe it is politically useful to use it, but it is not historically nor economically accurate.


The Academic Voldemort Principle

– January 13, 2020

It’s fundamentally a case of academic misconduct — of denying another due credit for their work, or preventing that work from even entering the conversation as you simultaneously attempt to rationalize confining your opponents to the territory of “he who shall not be named.”


Who Is the Real Alexander Hamilton?

– January 12, 2020

What Hamilton did not do as treasury secretary is implement, or espouse, any system of protective tariffs or bounties.


The Soviet Economy Was Not Growing; It Was Dying

– January 10, 2020

Warren Nutter’s assessment was no abstraction, but rather the result of years of close study of the relationship between state policy and industrial concentration in the United States – the subject of his dissertation at the University of Chicago.