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Author Archives: dayat
Family Capitalism and the Small Business Insurrection
For much of the 2016 presidential campaign, progressive commentators struggled to comprehend the foundations of Trump’s popular support. Many assumed that the strident right-wing populism he unleashed was a long overdue reaction to the decades of wage stagnation endured by … Continue reading
The Economy During Wartime
During the Second World War, the United States had a centrally planned economy. Strategic resources were produced in quantities set in Washington, and allocated among end users by the public officials sitting on the War Production Board. Key prices and … Continue reading