Latest Posts

Logo for National Geographic's "One Strange Rock"

Our Planet: One Strange Rock

Scientific inquiry was always a high priority for the proponents of the American System of Economics—from Ben Franklin and Alexander Hamilton on. I am publishing this news item in that spirit.—Nancy Spannaus  By Marsha Freeman March 24, 2018 – In the early 1800s, naturalist and geographer Alexander von Humboldt set […]

by March 24, 2018 News
Demonstrating for Federal aid to Puerto Rico on March 20 in Washington, D.C.

Puerto Rico: Cancel Debt, Build Infrastructure

By Angela Vullo March 22, 2018–On March 20, Congresswoman Nydia Velasquez (D-NY) hosted a discussion on the subject of “Puerto Rico, Six Months after Hurricane Maria.”  The event provided an opportunity for small businesses and NGOS on the ground to talk about relief work immediately after the Hurricane. What became […]

by March 22, 2018 News
FDR Launches Public Works, Starting with the CCC

FDR Launches Public Works, Starting with the CCC

March 20, 2018–Franklin Roosevelt’s New Deal model  is still relevant today, Rep. Marcy Kaptur recognizes with her 21st Century Civilian Conservation Corps Act (H.R. 2206). Read about a part of that model below. March 18, 1933 began the second phase of FDR’s “Hundred Days” program, the one devoted explicitly to […]

by March 20, 2018 History, Infrastructure
New Book Features Hamilton’s “Financial Revolution”

New Book Features Hamilton’s “Financial Revolution”

By Nancy Spannaus March 16, 2018—Economic historian Richard Sylla of New York University presented his newly published book, Alexander Hamilton on Finance, Credit, and Debt, on March 14 at a National Archives noon lecture. His thesis was a forceful argument that it was Hamilton who was uniquely responsible for the […]

by March 16, 2018 News
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 About
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 News
JFK announces his program to go to the Moon, the very type of program America needs today.

U.S. Drug Epidemic: The Time is Out of Joint

  By Angela Vullo March 4, 2018–When parents and grandparents are attending nonstop funerals for their children and grandchildren, something in our society has gone awry.  As Shakespeare put it, “The time is out of joint.”  It reflects some major dislocation in our country, and it’s time we got to […]

by March 4, 2018 Commentary
Bipartisan Hearing Debates Congressional War Powers

Bipartisan Hearing Debates Congressional War Powers

By Rochelle Ascher March 1, 2018—Among the major breaches of the American System tradition, as elaborated in the Declaration of Independence and the U.S. Constitution, has been the policy of permanent warfare that has accelerated disastrously since the death of President John F. Kennedy. Thus it is important that on […]

by March 1, 2018 News
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 Commentary, Economists
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 Commentary