Histories are often relegated to the sidelines of economic study. But what do we lose in our theories when we only focus on the math and models?
In his new book, “Ages of American Capitalism”, University of Chicago historian Jonathan Levy looks at the turning points in the history of capitalism and what those moments can teach us about today.
Today
Revealing the Secret Architects of Capitalism, with Chris Hughes
After the 2008 financial crisis, and especially after the COVID pandemic of 2020, an increasing number of Americans are questioning the wisdom of unregulated markets and envisioning a more active role for the state. Scholars have coined a panoply of neologisms to capture this vie ... Show More
49m 27s
Jun 26
How The Democrats Lost Labor And Found Capital, with David Sirota
The Democratic Party has become too focused on appeasing its billionaire donors and has failed to communicate its commitment to the working class, argues long-time political journalist David Sirota. The question moving forward, he says, is if the party can ever refocus its brand ... Show More
49m 36s
Jun 12
Why Cliff Asness Believes Markets Are Getting Dumber
Are financial markets becoming less efficient? Famous investor Cliff Asness certainly thinks so. In his paper published last year, “The Less-Efficient Market Hypothesis,” Asness argues that social media and low interest rates, among other factors, have distorted market informatio ... Show More
51m 24s
Mar 2023
Maarten Prak and Jan Luiten van Zanden, "Pioneers of Capitalism: The Netherlands 1000–1800" (Princeton UP, 2022)
During the Middle Ages, the Netherlands played a significant role in the emergence of capitalism, which led to the impressive Dutch Golden Age and paved the way for long-term economic growth across Europe. Pioneers of Capitalism: The Netherlands 1000-1800 (Princeton University Pr ... Show More
56m 8s