How the Fed was foisted on the U.S. by Europe’s Central Bankers America’s Bank, The Epic Struggle To Create the Federal Reserve Roger Lowenstein, Penguin Books, New York, NY. 2015. A review by Stuart Rosenblatt April 5, 2019 Despite the fact that America’s Bank, the story of the founding of […]
By Nancy Spannaus Feb. 13, 2019–The U.S. Congress lost one of its most honorable members on February 10, when Congressman Walter B. Jones, who represented Eastern North Carolina in Congress for 34 years, died in Greenville. While elected as a Republican, Jones was well-known as an independent voice, who was […]
By Stuart Rosenblatt Aug. 16, 2018–The following is part 5 of a series devoted to “Lessons for a Recovery: The WWII Economic Mobilization.” Click the following titles for the previous parts: Part One , Part Two , Part Three , and Part Four . As the Allies shifted to the […]
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 […]
By Stuart Rosenblatt The following is part 4 of a series devoted to “Lessons for a Recovery: The WWII Economic Mobilization.” Click the following titles for the previous three parts: Part One, Part Two , and Part Three . July 18, 2018—The evening of December 7, “the day that will […]
The following is part 3 of a series on Lessons for a Recovery: The WWII Economic Mobilization. Part 2 appeared June 19. Part 1 was published May 18. By Stuart Rosenblatt Thanks to the foresight and efforts of President Roosevelt, Jesse Jones, and others, the United States was already in a […]
By Stuart Rosenblatt June 19, 2018—The following is part two of a series dedicated to “Lessons for a Recovery: The WWII Economic Mobilization.” Part one appeared on May 18, and can be found here . The summer of 1940 witnessed a dramatic escalation of the U.S. war effort, thanks to the […]
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, […]
May 18, 2018–The following article kicks off a series documenting the extraordinary qualitative leap in American economic productivity during the World War II mobilization. Part One: FDR and Jesse Jones Prepare the Way By Stuart Rosenblatt The United States finds itself hopelessly mired in an economic crisis of its own […]
By Nancy Spannaus May 20, 2019–George Washington’s “Grand Idea” of uniting the country through developing the Potomac River as the gateway to the West, was the subject of a lively book talk last night. Author Joel Achenbach spoke to a group of approximately 30 people about his book The Grand […]
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 […]
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. […]