The United States has been shaped by three sweeping political revolutions: Jefferson’s revolution of 1800,” the Civil War, and the New Deal. Each of these upheavals concluded with lasting institutional and cultural adjustments that set the stage for a new phase of political and economic development. Are we on the verge of another upheaval, a fourth revolution” that will reshape U.S. politics for decades to come? There are signs to suggest that we are.James Piereson describes the ...

Democratic presidential candidates, including Hillary Clinton and Bernie Sanders, along with progressive economists like Thomas Piketty and Paul Krugman, have made a case for redistributing income from the wealthy to the poor as a means of reducing inequalities in income and wealth. Meanwhile, public opinion polls show that voters reject programs of redistribution in favor of policies designed to promote overall economic growth and job creation. While voters are concerned about inequality,...

James Piereson examines the bizarre aftermath of John F. Kennedy's assassination: Why in the years after the assassination did the American Left become preoccupied with conspiratorial thinking? How and why was Kennedy transformed in death into a liberal icon and a martyr for civil rights? In what way was the assassination linked to the collapse of mid-century liberalism, a doctrine which until 1963 was the reigning philosophy of the nation?

During the 1980s and 1990s, European economies went through a period of slowing economic growth and high unemployment, what some economists described as “secular decline.” On the other side of the Atlantic, the United States enjoyed a robust recovery during those years by reducing taxes, eliminating regulations on business, and tightening monetary policy.Now, after two decades of subpar growth, the question is whether or not the American economy has entered into its own era of secu...

The controversy over inequality has gathered steam with the publication of Thomas Piketty’s new book, Capital in the Twenty-First Century, a dense work of economic history that documents the rise of income inequality in recent decades and sets forth an agenda of taxation to deal with it. Piketty’s treatise has turned into a rallying point for those favoring income redistribution and higher taxes on the rich.In this Broadside, James Piereson explains how Piketty’s book is f...

A call-to-arms from Nobel Prize–winning economist and best-selling author Paul Krugman.The Great Recession is more than four years old—and counting. Yet, as Paul Krugman points out in this powerful volley, "Nations rich in resources, talent, and knowledge—all the ingredients for prosperity and a decent standard of living for all—remain in a state of intense pain."How bad have things gotten? How did we get stuck in what now can only be called a depression? And above all, how...

**A bestselling author and Pulitzer Prize winner offers a compelling case for the necessity of resistance in our turbulent times, and shows how rebellions—however quixotic or irrational they seem—are key to realizing a more ideal worldA San Francisco Chronicle Bestseller**In the face of modern conditions, revolution is inevitable. The social inequality, political stagnation, devastation of our environment by corporations, stripping away of our civil liberties, and ...

A New York Times–bestselling author reveals the CIA and Secret Service conspiracy behind John F. Kennedy’s assassination—with a chapter by Oliver Stone.Mark Lane tried the only US court case in which the jurors concluded that the CIA plotted the murder of President Kennedy, but there was always a missing piece: How did the CIA control cops and secret service agents on the ground in Dealey Plaza? How did federal authorities prevent the House Select Committe...

Surveying three centuries of economic history, a Harvard professor argues for a leaner global system that puts national democracies front and center.From the mercantile monopolies of seventeenth-century empires to the modern-day authority of the WTO, IMF, and World Bank, the nations of the world have struggled to effectively harness globalization's promise. The economic narratives that underpinned these eras—the gold standard, the Bretton Woods regime, the "Washington Consensus"—br...

What is money, where does it come from, and who controls it?In this accessible, brilliantly argued book, leading political economist Ann Pettifor explains in straightforward terms history’s most misunderstood invention: the money system. Pettifor argues that democracies can, and indeed must, reclaim control over money production and restrain the out-of-control finance sector so that it serves the interests of society, as well as the needs of the ecosystem.