38 items
Banks are among the oldest businesses in American history—the Bank of New York, for example, was founded in 1784, and as the recently renamed Bank of New York Mellon it had its 225th anniversary in 2009. The banking system is one of...
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A History of the Thanksgiving Holiday
Thanksgiving stands as one of the most American of holidays, an autumnal ritual fixed in the imagination as honoring the piety and perseverance of the nation’s earliest arrivals during colonial days. But what were the origins of this...
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The New Deal, Then and Now
Well before Barack Obama’s election in 2008, the New Deal was emerging as an instructive model for those trying to understand, and address, what is now known as the "worst financial crisis since the 1930s." But is the New Deal in fact...
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FDR and Hitler: A Study in Contrasts
The Great Depression and World War II were events in world history, but they touched different countries in sometimes dramatically different ways. To paraphrase Tolstoy, many peoples suffered, but every unhappy people was unhappy in...
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Franklin Delano Roosevelt—Four-Term President—and the Election of 1944
When President Franklin Delano Roosevelt decided to seek a fourth term in 1944, his campaign would come to mark a major moment in the history of presidential elections for several reasons. No president had run for a fourth term prior...
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The Hundred Days and Beyond: What Did the New Deal Accomplish?
There wasn’t anybody in that entire Brains Trust apparently that had given any thought—they had absolutely no plans—or any real study to the problem created by this banking situation. —Walter Wyatt, Federal Reserve official, amazed at...
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Sandra Day O’Connor: A Life of Action
Sandra Day O’Connor still has a lot of work to do. The first woman on the United States Supreme Court who recently described herself as "a retired cowgirl" continues to break new ground as an advocate for judicial independence and...
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Labor Day: From Protest to Picnics
In the 1880s a surge in growth of the American labor movement led to the creation of two workers’ holidays, Labor Day and May Day. May Day soon spread abroad, as European unions and socialist groups adopted it as an occasion to...
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Economic Policy through the Lens of History
The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be...
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The History of Women’s Baseball
From 1943 to 1954, "America’s pastime" was a game played in skirts. At its peak in 1948, the All-American Girls Professional Baseball League (AAGPBL) fielded ten teams in midwestern towns like Rockford, Illinois (Peaches); South Bend,...
FDR’s First Inaugural Address
Several years ago when I was researching a very different subject at the Franklin D. Roosevelt Presidential Library in Hyde Park, New York, I happened across several archival documents related to FDR’s first inaugural address. As a...
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