Archive for July, 2018

CSX coal cars, a major component of Virginia rail traffic today.

A Proposed Infrastructure Program for Virginia

By Stuart Rosenblatt July 31, 2018–It is time for the nation to embark on a bold national mission, akin to the Kennedy Space Program of the 1960s and the Franklin Roosevelt New Deal and WWII economic mobilizations.  We are in the paradoxical situation where nominal job creation is continuing to […]

by July 31, 2018 Commentary
Steelworkers rally in support of tariffs (AAM)

Finally, Some Calls for a National Industrial Policy

By Nancy Spannaus July 30, 2018—In dealing with the issue of tariffs which the Trump Administration has put on the front burner, I have consistently argued that an American System approach to reviving American manufacturing demands a comprehensive policy of which tariffs may only be a small part. Specifically, the […]

by July 30, 2018 Commentary, News
Senator Sherrod Brown

Americans for Financial Reform Puts Spotlight Back on Wall Street

By Angela Vullo July 26, 2018–Not since the movie “The Big Short” has Wall Street been so exposed as the enemy of the American public. In a rare performance, in the Hart Senate Office Building on July 24, truth was told in a forum on the economy on Capitol Hill.  […]

by July 26, 2018 News
American System proponent Henry Clay

Henry Clay Attacks Free Trade as British Colonialism

By Edward Spannaus July 25, 2018–Zack Carter’s attack on the doctrine of free trade as colonialism (HuffPost, July 22) might strike many contemporary readers as radical and over-the-top.  But if it does, this is only due to Americans’ ignorance of their own history, as pointed out in a posting on […]

by July 25, 2018 Commentary, History
A picture of British colonialism in India.

The Truth about Free Trade: It’s Colonialism

July 24, 2018—It’s rare for any major U.S. publication to tell the truth about economic policy these days, but on July 22, the Huffington Post published an article that did just that. Author Zach Carter draws on a number of crucial examples, from the British Empire to the Clinton Administration, […]

by July 24, 2018 News Shorts
The riotous scene at the White House party for Andrew Jackson's Inauguration.

Marshall Defends American System against Jacksonian Populism

by Edward Spannaus  Fifth of a series. The first four parts of this series, devoted to “John Marshall and the American System” can be found here. July 23, 2018–With the help of American System champion Henry Clay and his supporters, John Quincy Adams was elected President in early 1825, after […]

by July 23, 2018 Commentary, History
An auto plant converted for war production

The Quintessential Mobilization Economy

By Stuart Rosenblatt The following is part 4 of a series devoted to “Lessons for a Recovery: The WWII Economic Mobilization.” Click the following titles for the previous three parts: Part One, Part Two , and Part Three . July 18, 2018—The evening of December 7, “the day that will […]

by July 21, 2018 Commentary, History
Buzz Aldrin on the Moon, July 20, 1969.

Celebrate the Moon Landing!

By Nancy Spannaus July 20, 2018—Forty-nine years ago today, the United States took a “giant leap for mankind” when its astronauts successfully landed on the Moon’s surface. They not only walked on that heavenly body, but within days returned safely to Earth once again. It took an enormous nationwide effort […]

by July 20, 2018 Commentary
Steam pipe explodes in Manhattan July 19.

The Infrastructure Issue Literally Explodes

July 19, 2018—The issue of the nation’s crumbling infrastructure literally exploded this morning in New York City, when a steam pipe under Fifth Avenue exploded, leaving toxic asbestos on the street and a huge crater in the middle of the street. Fortunately, it appeared that no one was seriously hurt. […]

by July 19, 2018 News Shorts
Hamilton grave site at Trinity Church, in the Wall Street area of Manhattan.

AHA Society Sponsors Tributes to Alexander Hamilton

By Nancy Spannaus July 15, 2018—The second day of Celebrate Hamilton 2018 (July 12) featured two moving tributes to Alexander Hamilton in Lower Manhattan. Both were organized by the Alexander Hamilton Awareness (AHA) Society, as part of a four-day commemoration around the anniversary of Hamilton’s death on July 11, 1804 […]

by July 15, 2018 News