By Nancy Spannaus Nov. 8, 2019—The coincidence of recent extravagant claims about the sterling performance of the American economy (highest stock market ever, lowest unemployment rates, etc.) and the persistent decline of key demographic indicators (increased mortality rate, increasing rates of suicide and other deaths of despair), should provoke some […]
By Nancy Spannaus June 19, 2019—The seminal role of Mathew Carey (1760-1839) in promoting and advancing the American System of political economy is a long and important story, mostly obscured in the United States. In this post, I concentrate on re-introducing him, with emphasis on one crucial aspect which is […]
By Nancy Spannaus June 16, 2019—Today, this blog turns two years old. Over the past two years, we have published 333 posts, ranging from reprints of key historic documents, to in-depth analyses of FDR’s New Deal and war mobilization, to more pithy analyses of current economic developments from the standpoint […]
By Nancy Spannaus May 15, 2019—On May 8, the House Transportation and Infrastructure Committee, under Chairman Peter DeFazio, took a baby step toward increasing Federal spending on vital national infrastructure. It passed out of Committee HR 2440, a bill which would allow the Army Corps of Engineers to utilize the […]
By Nancy Spannaus April 28, 2019—I am very happy to announce that my book Hamilton Versus Wall Street has received a new thoughtful endorsement from another veteran economic scholar. On April 20, Neil C. Hughes wrote the following: In an age in unbridled individualism and banking system greed, Nancy Spannaus […]
Part 2 of a series By Nancy Spannaus March 25, 2019—The most compelling historical argument for the need to restore the Hamiltonian American System is the fact that Hamilton’s economic system could have prevented the U.S. Civil War. I develop this argument in Chapter 10 of my book Hamilton Versus […]
Part 1 By Nancy Spannaus March 21, 2019—In Chapter 10 of my book Hamilton Versus Wall Street, I insist that the commitment to economic progress which Hamilton’s American System policies represent, is essential to hold the United States together as a nation. The relevance of this argument to curing the […]
By Nancy Spannaus March 13, 2019—My book, Hamilton Versus Wall Street, has an urgent message for the American population: Our nation needs to take up Hamilton’s American System in order to save the nation. Once you read the book, you will understand why. A little background on how the concept […]
by Nancy Spannaus Nov. 1, 2018—It should be no surprise that at its Oct. 31 (Halloween) meeting, the Federal Reserve decided to loosen regulations not only for the banks with a $250 billion net worth, but also for those with assets up to the $700 billion level. This decision reflects […]
By Nancy Spannaus Nov. 30, 2019—On November 26, the American Medical Association issued a dramatic new wake-up call to Americans about the rising death rates which have made the United States the only industrialized country in the world with a declining life expectancy. The AMA’s “Special Communication” was an article […]
By Nancy Spannaus Nov. 21, 2019–“We Must Save America’s Manufacturing Sector, Prosperity in the post-industrial service economy is a myth,” read the headline of an article in Industry Week yesterday. The article presents a solid argument about the disastrous results for empires which have relied on their financial power, rather […]
Federalist No. 11: The American System
By Nancy Spannaus Nov. 22, 2019–“Let Americans disdain to be the instruments of European greatness! Let the thirteen States, bound together in a strict and indissoluble Union, concur in erecting one great American system superior to the control of all transatlantic force or influence and able to dictate the terms […]