Kim Phillips-Fein teaches American history at the Gallatin School of Individualized Study at New York University. She is the author of Invisible Hands: The Businessmen’s Crusade Against the New Deal and Fear City: The New York City Fiscal Crisis and the Rise of the Age of Austerity.
Thirty-eight years ago, New York City almost went bankrupt. Then as now, conservatives took a hardline stance.
Angus Burgin revisits Friedrich Hayek’s Mont Pelerin Society in The Great Persuasion.
Nearly forty years after Ford told New York to drop dead, the city is still here—but forever changed.
John Kenneth Galbraith was a satirist of economics as much as a practitioner of it.