By Nancy Spannaus Feb. 22, 2019—George Washington deserves to be celebrated in his own right, but I am going to devote this brief Washington’s Birthday post to the Washington-Hamilton alliance. The two men shared a vision of developing this vast country into a strong continental republic, committed to the “blessings […]
By Nancy Spannaus Feb. 15, 2019—Enraptured by the Hamilton musical? Eager to learn more about the Founding Father that many leftists love to hate? Or just downright disgusted with the fact that the U.S. Congress can’t seem to figure out how to rebuild our economy? If so, I have the […]
By Nancy Spannaus Oct. 17, 2018—After more than one year of study, a Defense Department task force set up by President Trump released a 139-page report on Oct. 5 entitled “Assessing and Strengthening the Manufacturing and Defense Industrial Base and Supply Chain Resiliency of the United States.” Not surprisingly, it […]
Sept. 21, 2018—An article in the monthly magazine Industry Week came across my desk this morning, and it was a pleasure to read. Under the title “How Financialization Is Starving Manufacturing,” author Michael Collins reviews the work of Rana Faroohar, who, in her book Makers and Takers, systematically laid out […]
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 […]
By Edward Spannaus July 25, 2018–Zack Carter’s attack on the doctrine of free trade as colonialism (HuffPost, July 22) might strike many contemporary readers as radical and over-the-top. But if it does, this is only due to Americans’ ignorance of their own history, as pointed out in a posting on […]
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 Nancy Spannaus Dec. 12, 2017—Ask any professional economist, or Congressman for that matter, about why the United States is facing a hundreds of billions of dollars deficit in basic infrastructure, and he will tell you that we “don’t have the money.” But how could that be true? Trillions of […]
By Nancy Spannaus Dec. 5, 2017—Today is the anniversary of the submission of First Treasury Secretary Alexander Hamilton’s most conceptual report on the science of economics, his Report on the Subject of Manufactures. That report, submitted to Congress Dec. 5, 1791, provided an in-depth refutation of the “free market” ideas […]
by Nancy Spannaus Sept. 7, 2019—Unfortunately, the illiteracy and irrational fear of nuclear power, with several key exceptions, was once again on display during the all-night CNN Climate Change debate on Sept. 4. Virtually all the candidates, pandering to an audience whose majority were anti-nuclear climate change advocates, either denounced […]
Aug. 13, 2019—A group of citizens representing an ad hoc coalition for a National Infrastructure Bank went to Capitol Hill during the last week of August, to lobby for the enactment of a National Infrastructure Bank (NIB). The more than a dozen citizens included activists from Ohio, South Carolina, Virginia, […]
Mathew Carey Revived Hamiltonian Economics
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 […]