Economics

In September 1977, the Youngstown Sheet and Tube Company announced the first major shutdown in the American steel industry. It was closing its largest mill, the Campbell Works, displacing over 10,000 workers.  read more »

Antisemitism has always partly been driven by envy; Jews attract a unique resentment for their disproportionate intellectual achievements in literature, science, education and, particularly, finance. At the same time, however, this success can be inverted.  read more »

As if proliferating spy balloons and insidious TikTok feeds weren’t enough, America’s economic relationship with China also is going to get more complicated. And as usual when things are really important, Flyover Country will be right in the middle of it.  read more »

“From the Beginning, California promised much. While yet barely a name on the map, it entered American awareness as a symbol of renewal. It was a final frontier: of geography and of expectation.”
— Kevin Starr, “Americans and the California Dream, 1850-1915” (1973)  read more »

One of the enduring mysteries of contemporary society centers on the seeming disassociation of so much of the labor force from the economy.  read more »

As COVID-19 begins to wane and become endemic, the question for policymakers, theorists, and Americans at large is: What is in store for our nation's big cities?  read more »

I’m old enough now to have grandnieces and nephews, and almost all of them have lower living standards and worse working conditions than their parents.  read more »

For Americans, California once looked like the future. It was a state defined by risk-taking and utopian dreaming. Yet for most Californians today, the upward mobility so central to the state’s ethos is rapidly disappearing.  read more »

Unmarried women without children have been moving toward the Democratic Party for several years, but the 2022 midterms may have been their electoral coming out party as they proved the chief break on the predicted Republican wave.  read more »

The much-celebrated California boom is facing a harsh reality.

Everything was looking good, based on enormous growth in capital gains in tech stocks and property, and some in Sacramento assumed the bounty would last — until it didn’t.  read more »