Commentary

This Hudson River Tunnel is more than 100 years old.

New York-New Jersey Leaders: Gateway Must Be Built!

by Nancy Spannaus Oct. 9, 2018—On September 4, dozens of elected officials, and leaders from the labor and business community in New Jersey held a press conference in Secaucus to demand that action be taken now to unblock federal funding for the Gateway Project that would replace the antiquated bridge […]

by October 9, 2018 Commentary, News
16th December 1773:  Dressed as Native Americans, a group of Bostonians board a British ship laden with imported tea and throw the full crates into the harbour. This protest against British taxation on tea imports brought the country one step closer to the American War of Independence.  (Photo by Edward Gooch/Edward Gooch/Getty Images)

The 1770 Indian Famine and the American Revolution

Oct. 5, 2018–The following is a guest article, originally published under the title “How Famine in India Sparked the Boston Tea Party and the American Revolution.” It sheds considerable light on what the Founding Fathers and American population at large saw as their possible fate if they did not resist […]

by October 5, 2018 Commentary, History
Lincoln photographed  by Alexander Gardner.

A Lesson in Leadership

By Nancy Spannaus Oct. 2, 2018—Two of our greatest Presidents—George Washington and Abraham Lincoln—chose October 3 to issue proclamations for a national Day of Thanksgiving, to be held late in November. The settings in which they took this action couldn’t have been more different. Washington’s came in 1789, a relatively […]

by October 2, 2018 Commentary
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
In his inaugural address, FDR demanded action for working people.

Time to Bring FDR Back into the Democratic Party

Review:  How Bernie Won: Inside the Revolution That’s Taking Back Our Country, by Jeff Weaver, St. Martin’s Press, 2018, 363 pps. By Angela Vullo Sept. 6, 2018–From the title on, author Jeff Weaver, Bernie Sander’s 2016 campaign manager, challenges the common perception of the outcome of the U.S. Presidential election. […]

by September 6, 2018 Commentary
A graphic of total factor productivity in the 20th Century, showing the effects of the FDR banking policy.

A Brief History of the Principle of National Banking in the United States

Aug. 27, 2018–While Central Banks exist in many other countries, the United States is unique in its successful development of national banking.  The purpose of National Banks, developed even before the ratification of the U.S. Constitution, was to marshal the financial resources of the young nation and direct them into […]

by August 27, 2018 Commentary, Infrastructure Bank
Alexander Hamilton, founder of the American System. Portrait, Painted by John Trumbull

Actually, It’s Industrial Policy, Not Just Tariffs, That Work

The following is an op-ed which I am submitting to USA Today, but would be usefully submitted to other newspapers as well, in light of the raging debate over President Trump’s tariff policy.  By Nancy Spannaus Aug. 20, 2018—In an op-ed  in USA Today published Aug. 17, Jeff Ferry, research […]

by August 20, 2018 Commentary