Commentary

This Minneapolis birdge collapsed in 2007, highlighting the nation's infrastructure disaster.

Trump’s Infrastructure Plan: Where’s the Beef?

  by Nancy Spannaus Jan. 25, 2018—The Jan. 22 leak of an outline of President Trump’s national infrastructure plan, which he says he will announce at his Jan. 30 State of the Union address, has amped up the national discussion on infrastructure funding. On Jan. 24, the President told a […]

by January 26, 2018 Commentary, News
Hamilton's statue in the Capitol Rotunda

On Hamilton’s Birthday: Apply Hamilton’s Genius Today, and Save the U.S. Economy!

By Nancy Spannaus Jan. 10, 2018—One test of an individual’s genius is the enduring quality and validity of his or her ideas, lasting from one generation to the next. A Leonardo, a Beethoven, an Einstein—to cite just a few examples—produced insights and beauty which have borne fruit, and inspired many […]

by January 10, 2018 Commentary
Drug overdose

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 […]

by December 27, 2017 Commentary, News
The Bank of the United States in Philadelphia

We Need a Hamiltonian National Bank!

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 December 12, 2017 Commentary, Infrastructure Bank
Ed Rendell, former Governor of Pennsylvania

Rendell Revives the Debate for a Capital Budget, as Trump Prepares to Release Infrastructure Plan

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 December 9, 2017 Commentary, Infrastructure, News
The development and use of advanced machinery increases the productivity of labor.

Want Economic Growth? Study Hamilton’s Report on Manufactures

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 December 5, 2017 Commentary
This statue stands in Fairbanks, Alaska as a testimony to U.S.-Soviet collaboration in World War III. (Sputnik)

U.S.-Russian Collaboration: An American System Tradition

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, […]

by November 30, 2017 Commentary
Review: This Attack on Alexander Hamilton is an Attack on the United States Itself

Review: This Attack on Alexander Hamilton is an Attack on the United States Itself

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 October 26, 2017 Commentary, Review
The American System Approach to Tax Reform: JFK Had It Right

The American System Approach to Tax Reform: JFK Had It Right

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 October 19, 2017 Commentary, News
Alexander Hamilton, in a painting by John Trumbull.

A Crucial Issue Behind the Infrastructure Debate: The Confederate Constitution, or Alexander Hamilton’s?

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 October 10, 2017 Commentary