By Nancy Spannaus Dec. 12, 2017—Ask any professional economist, or Congressman for that matter, about why the United States is facing a hundreds of billions of dollars deficit in basic infrastructure, and he will tell you that we “don’t have the money.” But how could that be true? Trillions of […]
By John Ascher Dec. 9, 2017–According to a December 9, 2017 article in The Hill, President Trump will be soon releasing a 70-page memo detailing his long-awaited proposal for rebuilding America’s crumbling infrastructure. The release of the report, according to the article, will come after the ‘success’ of passing tax […]
By Nancy Spannaus Dec. 5, 2017—Today is the anniversary of the submission of First Treasury Secretary Alexander Hamilton’s most conceptual report on the science of economics, his Report on the Subject of Manufactures. That report, submitted to Congress Dec. 5, 1791, provided an in-depth refutation of the “free market” ideas […]
By Nancy Spannaus Nov. 30, 2017–Those attacking President Trump’s efforts to achieve cooperation with Russia are not only reckless liars, putting our country and the world in danger; they are abandoning the noblest traditions of United States statecraft. From our fight for independence, through to the assassination of President Kennedy, […]
How Alexander Hamilton Screwed Up America Brion McClanahan Regnery History, 2017, 205 pp. By Nancy Spannaus Oct. 26—The radical free-marketeers of the Austrian School of Economics are very unhappy. The dismal results of their dominance of world economic thought since the end of World War II have finally resulted in […]
By Nancy Spannaus Oct. 19, 2017—The battle is on over the Republican tax plan, and there’s no felicitous end in sight. The Republicans are right that economic growth has to be stimulated—but their plan won’t direct money into crucial sectors of the economy. The Democrats are right that the nation […]
By Nancy Spannaus Oct. 10—Time’s a’wastin’ for Congress and the Administration to get serious about putting together a plan for a massive infrastructure construction program for the United States, a program which the devastating effects of Hurricanes Harvey, Irma, and Maria, and out-of-control wildfires in the Western United States, have […]
By Stu Rosenblatt Editor’s Note: This is part four of a four-part review of Robert Gordon’s The Rise and Fall of American Growth: The U.S. Standard of Living Since the Civil War, an extremely useful book on the nation’s physical economy. Click here for Part I, here for Part II, […]
By Stu Rosenblatt This is part three of a four-part review of Robert Gordon’s The Rise and Fall of American Growth: The U.S. Standard of Living Since the Civil War, an extremely useful book on the nation’s physical economy. Click here for Part I, and here for Part II. 1930-1950: […]
April 10, 2019—The following press release was issued by Rep. Marcy Kaptur (D-Ohio) yesterday. It puts back on the Congressional agenda one of the urgent actions required to curb Wall Street speculation, and put the United States back on the path of the American System. The Bill number is HR […]
By Nancy Spannaus April 7, 2019—This afternoon I had my first book-signing event, which was held at the historical museum in my home town of Lovettsville, Virginia (population 1600). I am pleased to report that it was a success. Ten people came, and I sold and signed 11 copies of […]
The Death of a Nation?
By Nancy Spannaus Dec. 27, 2017–There was chilling news for Americans earlier this month, when the CDC’s National Center for Health Statistics put out its latest report on life expectancy in the United States. For the second year in a row, life expectancy declined. A look at the details shows […]