University of Chicago

House of debt

The Great American Recession resulted in the loss of eight million jobs between 2007 and 2009. More than four million homes were lost to foreclosures. Is it a coincidence that the United States witnessed a dramatic rise in household debt in the years before the recession - that the total amount of (...)
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Making Jet Engines in World War II: Britain, Germany, and the United States

In this brilliant study of the early history of jet engines, Hermione Giffard demolishes the myth of German aeronautical triumph and transforms the way we should think about technological change in general. While conventional histories of technology focus on the inventor-hero struggling to fulfil a (...)
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