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 […]
Aug. 11, 2018–At a meeting July 29, the Northern Virginia chapter of Our Revolution passed a resolution endorsing a new National Bank for Industry and Infrastructure. The resolution text reads as follows: Whereas, The American Society of Civil Engineers has reported that the United States needs a minimum of $4.6 trillion […]
Aug. 7, 2018—The Virginia Commonwealth Transportation Board, now under mandate to come up with a plan to deal with highway congestion on Interstate 81 through the Shenandoah Valley, plans to consider an innovative rail solution to the problem. That is the report from David Foster, chairman of the non-profit lobby […]
Aug. 6, 2018—Six years after Hurricane Sandy, the Army Corps of Engineers has begun to present options for protecting the New York-New Jersey harbor area from future devastating storms. At stake is the fate of 16 million people living in the area; three airports; five major rail networks; the largest […]
By Stuart Rosenblatt July 31, 2018–It is time for the nation to embark on a bold national mission, akin to the Kennedy Space Program of the 1960s and the Franklin Roosevelt New Deal and WWII economic mobilizations. We are in the paradoxical situation where nominal job creation is continuing to […]
July 19, 2018—The issue of the nation’s crumbling infrastructure literally exploded this morning in New York City, when a steam pipe under Fifth Avenue exploded, leaving toxic asbestos on the street and a huge crater in the middle of the street. Fortunately, it appeared that no one was seriously hurt. […]
By Edward Spannaus Part One- Marshall’s Supreme Court Affirms American System Part Two- Creating Legal Infrastructure for a National Economy Part Three- Virginia’s Assault on the Marshall Court Part Four- Steamboat Case Clears Way for the American System Part Five – Marshall Defends the American System against Jacksonian Populism. […]
By Stuart Rosenblatt May 30, 2018–Over the past year, a new initiative to guarantee a job to anybody who wants or needs one has been making its way through progressive Democratic Party circles, and provoking a debate on what a competent jobs program should be. Sen. Cory Booker’s (D-NJ) bill, […]
by Edward Spannaus Fourth in a series on The Supreme Court Affirms the American System It is not immoderate to say that no other judicial pronouncement in history was so wedded to the inventive genius of man and so interwoven with the economic and social evolution of a nation and […]
Aug. 11, 2018–Lori Wallach, the Director of Global Trade Watch, a division of Public Citizen, addressed a very attentive and engaged meeting of citizens from the District, Maryland, and Virginia at Cleveland Park Library on August 9. Wallach was joined by macro-economist Alphecca Muttardy in the dialogue with approximately 35 […]
By Nancy Spannaus July 30, 2018—In dealing with the issue of tariffs which the Trump Administration has put on the front burner, I have consistently argued that an American System approach to reviving American manufacturing demands a comprehensive policy of which tariffs may only be a small part. Specifically, the […]
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. […]