Articles by: Nancy Spannaus

What Is the American System?

What Is the American System?

By Nancy Spannaus March 13, 2018—When I began this blog nine months ago, I set out to provide an overview of the American System of Economics through introducing readers to the leading practitioners of that system, with a special focus on Alexander Hamilton’s  ideas and achievements. I am now convinced that […]

by March 13, 2018 1 comment About
News Shorts, March 12-18, 2018

News Shorts, March 12-18, 2018

  Elizabeth Warren Puts Glass-Steagall on Senate Agenda March 11, 2018—Senator Elizabeth has moved in the only appropriate way, to counter the outrageous and dangerous move by the Congress (many Senate Democrats included) to give an even freer ride to the big banks, in a deregulation bill laughingly called the […]

by March 11, 2018 Comments are Disabled News Shorts
American production of pig iron and steel over the decade. (U.S. Geological Survey)

Steel Tariffs: What’s an American System Approach to Saving U.S. Industry?

By Nancy Spannaus March 8, 2018—President Trump’s announcement of his intent to impose 25% tariffs on U.S. steel imports, and 10% tariffs on aluminum imports, has stirred up an essential debate: What will it take to save the U.S. manufacturing sector? Is it even desirable for the government to exercise […]

by March 8, 2018 6 comments News
News Shorts, March 5-11, 2018

News Shorts, March 5-11, 2018

Administration Slashing Crucial New York-New Jersey Gateway Project March 4, 2018—The final word has not yet been said, but the Trump Administration is giving every indication of disavowing any Federal funding for a major infrastructure project on which a huge portion of the nation’s economic functioning depends. That project is […]

by March 5, 2018 Comments are Disabled News Shorts, Uncategorized
Alexander Hamilton, founder of the American System. Portrait, Painted by John Trumbull

Alexander Hamilton’s Genius Can Save Our Nation

(The following essay was written as a submission to a contest sponsored by the Alexander Hamilton Awareness Society, in which contestants were to address how Hamilton had affected their lives. This essay came in second. I republish it because it will give you a sense of my orientation in running […]

by February 28, 2018 2 comments Commentary, Economists
The Watts Bar dam on the Tennessee River, built from 1939 to 1942, provided urgently needed electricity for the World War II effort. (TVA.org)

News Shorts, Feb. 26-March 4, 2018

Democratic and Republican Lawmakers Blast Proposal to Sell Off Parts of TVA Feb. 25, 2018—The Trump budget proposal for selling off the transmission lines of the Tennessee Valley Authority (TVA) came under immediate attack from both Democrats and Republicans. Senator Lamar Alexander, Republican of Tennessee, called it a “looney idea.” […]

by February 26, 2018 2 comments News Shorts
National spheric torus experiment at Princeton, a  premier site for thermonuclear fusion research.

News Shorts, Feb. 19-25, 2018

  Trump Administration Budget Means Slashes in Crucial Investments for the Future Feb. 18, 2018—From the standpoint of the American System of Economics, the nation’s commitment to the frontiers of science is a crucial parameter indicating whether it is on the path to progress. For our purposes today, two of […]

by February 19, 2018 1 comment News Shorts
Abraham Lincoln

A Good Speech on Abraham Lincoln’s Early Life

Up From Obscurity: The Influence of Lincoln’s Early Life on His Thought and Politics (The following speech was presented on Feb. 11, 2018 by Michael Lynch, director of the Abraham Lincoln Library and Museum at Lincoln Memorial University in Harrogate, Tennessee.. The venue was a meeting of MOLLUS, the Military […]

by February 14, 2018 Comments are Disabled Commentary
Similar bubbles to the 2009 housing market bubble, are set to blow in 2018 (Wiki)

News Shorts, Feb. 12-18, 2018

  Stock Market Dives Catch Congress and Trump Flat-footed; Where is Glass-Steagall? Feb. 11, 2018—The major dives on the stock market last week shouldn’t have taken anyone in Washington by surprise, but it should finally grab their attention.  If it does, they will turn their minds to the legislation to […]

by February 12, 2018 2 comments News Shorts
Residents affected by Hurricane Maria wait in line for fuel donated by the Fuel Relief Fund in the municipality of Orocovis, outside San Juan, Puerto Rico, October 10, 2017. REUTERS/Shannon Stapleton

News Shorts for Jan. 29-Feb. 4, 2018

Uproar Grows Over Lack of Federal Disaster Relief Feb. 4, 2018—Political pressure is mounting on Congress over the fact that the $81 billion disaster relief bill passed by the House in December continues to languish, with little visible prospect of passage by the Senate. The Puerto Rican situation, where approximately […]

by February 4, 2018 Comments are Disabled News Shorts