Latest Posts

Hamilton grave site at Trinity Church, in the Wall Street area of Manhattan.

Honoring Alexander Hamilton

  On the occasion of the anniversary of his murder, July 11, 1804 By Nancy Spannaus July 11, 2020—The traditional ceremonies in New York City honoring Alexander Hamilton on the date of his murder by Aaron Burr on July 11, 1804 have necessarily been cancelled this year. We must honor […]

by July 11, 2020 Commentary, News
Factory closures like these point to the real crisis behind the crisis.

Unmask Wall Street! Build Infrastructure!

By Angela Vullo July 9, 2020–Much has been hypothesized lately on the current crisis that faces our country.  With all the attention on COVID-19, the deeper underlying crisis has gotten buried.  It’s time to pull back the mask. Unmask Wall Street, and build infrastructure. What we will uncover is an […]

by July 9, 2020 Commentary, Infrastructure
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)

New Deal Credit Policies in Rural America

Increasing Productivity, Expanding Farm Output, Eliminating Poverty  By Stuart Rosenblatt July 5, 2020–As the nation confronts the expanding COVID-19 crisis and the collateral economic damage caused by the pandemic—the most severe economic crisis since the Great Depression—a consensus is emerging that any recovery effort include a commitment to employ millions […]

by July 5, 2020 History, Infrastructure
Why We Declared the Right to Happiness

Why We Declared the Right to Happiness

by Nancy Spannaus July  3, 2020—On the occasion of this Fourth of July, which is bound to be fraught with virulent attacks on the Declaration of Independence, I was tempted to simply repeat Abraham Lincoln’s stirring refutation (which I featured last year). But there was a deeper philosophical point to […]

by July 3, 2020 Commentary, History
Albert Einstein playing his violin.

Creativity Is the True Source of Economic Wealth

A Book Review by Lawrence Freeman (The following book review is published with permission from Freeman’s blog Africa and the World where it appeared on June 26.  Patrick Kabanda, a native of Uganda, is an accomplished organist who also serves as what he describes as a “well-tempered non-economist,” consulting internationally on […]

by June 28, 2020 Review
Depiction of Jackson inauguration (Wikipedia Commons)

The Pathway to “A More Perfect Union”

The Growth and Collapse of One American Nation, The Early Republic 1790-1861 By Donald J. Fraser Fraser & Associates, Roseville, California, 2020, 605 pp.   A Book Review by Nancy Spannaus June 21, 2020—In examining the question of what defines an American identity, author Donald Fraser has chosen one of […]

by June 21, 2020 History, Review
FDR and the American System

FDR and the American System

By Nancy Spannaus June 16, 2020—Over 100 days in 1933, newly inaugurated Franklin Delano Roosevelt took a giant step toward the revival of the American System of Economics. The core of that system, as reflected in the Preamble to the U.S. Constitution, is the Federal government’s responsibility for energetically promoting […]

by June 16, 2020 Commentary
The new Tappan Zee Bridge across the Hudson River.

Finally, a Hamiltonian Infrastructure Bank Bill

By Nancy Spannaus June 14, 2020—On March 31, Representative Danny Davis (D-Ill) introduced a new bill calling for the creation of a National Infrastructure Bank. H.R. 6422 is cosponsored by Rep. Seth Moulton (D-Mass); it has been referred to a several Congressional Committees for deliberation. The bill’s magnitude and import […]

by June 14, 2020 Infrastructure Bank, News
Bobby Kennedy on his poverty tour in 1968

“A Time of Sorrow and Shame”

By Nancy Spannaus June 4, 2020—Tomorrow will be the anniversary of the June 5, 1968 assassination of Robert F. Kennedy, the third in a series of murders which decapitated the most promising political leadership of the United States. One by one, they fell: President John F. Kennedy, Martin Luther King, […]

by June 4, 2020 Commentary, History
Martin Luther King and Robert Kennedy

George Floyd’s Murder Was the Trigger:

Lessons Still to Be Learned By Angela Vullo May 31, 2020–Those of us who never bought into the last 50-year economic shift into de-industrialization and financial speculation should not be shocked at the social unrest which has been unleashed in our country. The murder of George Floyd, a Minneapolis black […]

by June 1, 2020 Commentary, News