Archive for September, 2018

Video Available: Economic Experts Discuss Putting Wall Street Back in Its Box

Video Available: Economic Experts Discuss Putting Wall Street Back in Its Box

  Click here to watch video of the event held Wednesday, September 26, 2018 at the National Press Club,  in Washington, DC.

by September 30, 2018 Glass-Steagall, News
FDR signing Glass-Steagall in June 1933.

Reinstating Glass-Steagall: A National Imperative

Sept. 28, 2018–The following memorandum, currently being used in Northern Virginia for mobilization in Congress, provides an updated summary of the necessity for the reinstatement. The legislation currently before the Congress has 8 sponsors in the Senate (down due to the death of Sen. John McCain), and 57 in the […]

by September 28, 2018 Features, Glass-Steagall
Historians discuss the Hamilton musical at the National Archives Sept. 27, 2018.

Standing Up for the Truth about Alexander Hamilton

By Nancy Spannaus September 28, 2018—Five of the historians who contributed to the recent book Historians on Hamilton took the stage at the National Archives last night, to address the question of “How a Blockbuster Musical is Restaging America’s Past.” While almost all of them had praise or appreciation for […]

by September 28, 2018 News
The Five Experts

Economic Experts: Put Wall Street Back in Its Box

By Nancy Spannaus Sept. 27, 2018—A blockbuster forum at the National Press Club last night brought together five economic experts to discuss the 2008 financial crash and what can be done to prevent a new one. Addressing the audience of approximately 100 people were: 1) Nomi Prins, former Wall Street […]

by September 27, 2018 News
A DuPont worker, tasked with developing a new biodegradable plastic.

Industry Week Is on the Right Track

Sept. 21, 2018—An article in the monthly magazine Industry Week came across my desk this morning, and it was a pleasure to read.  Under the title “How Financialization Is Starving Manufacturing,” author Michael Collins reviews the work of Rana Faroohar, who, in her book Makers and Takers, systematically laid out […]

by September 21, 2018 News Shorts
Statue of George Washington at George Washington University.

“Promote … institutions for the general diffusion of knowledge”

By Nancy Spannaus Sept. 19, 2018—The quotation that forms the headline of this post comes from George Washington’s letter to “the people of the United States,” subsequently known as his Farewell Address.[1] That letter was published in the American Daily Advertizer (a Philadelphia newspaper) on September 19, 1796 as an […]

by September 19, 2018 Commentary
Chief Justice John Marshall was appointed in May 1800.

Why John Marshall Matters

The sixth and final article in the series “The Supreme Court Affirms the American System.” Sept. 17, 2018–We publish this article today to commemorate Constitution Day, the 231st anniversary of the signing of the founding document of the United States of America. It was Supreme Court Justice John Marshall who […]

by September 17, 2018 Commentary, History
The Grand Coulee Dam, one of the major power projects of the New Deal.

Vital Lessons from the WWII Economic Mobilization

Sept.  11, 2018—In this final section of Stuart Rosenblatt’s Lessons from the WWII Economic Mobilization, he presents three key conclusions from his indepth study of the 1939-1944 period. First, he discusses the components of the dramatic rise in Total Factor Productivity. Second, he recapitulates the means of financing the mobilization. […]

by September 11, 2018 Commentary, History
Alexander Hamilton at the Treasury

Alexander Hamilton Becomes Treasury Secretary

By Nancy Spannaus Sept. 11, 2018—On Sept. 11, 1789 President George Washington nominated Alexander Hamilton for the position of Secretary of the Treasury. The Senate confirmed his nomination the very same day. Washington’s decision, and his continued support of Hamilton until the Secretary resigned in 1795, was one of the […]

by September 11, 2018 Commentary
The PenFed Credit Union was established in 1935.

Credit Union Association Calls for a Modern Glass-Steagall

Sept. 8, 2018—The National Association of Federally-Insured Credit Unions (NAFCU) makes a strong case for reinstating the Glass-Steagall Act, as a means of protecting their institutions and the U.S. economy in a policy paper released earlier this week. “Modernizing Financial Services: The Glass-Steagall Act Revisited” reviews the way in which […]

by September 8, 2018 News Shorts