Abraham Lincoln

Pinkerton: The American System for a More Perfect Union

The aspirational nature of the entire American Experiment is made plain in the words in the Constitution’s Preamble: “a more perfect union.”  We’re always striving to make a more perfect union, which is why it is important to understand the the economic theory that did the most to expand prosperity and greatness. It was called the American System.

Pedro Solorzaro, of Mexico, Nola Davis, of Nigeria, and Hanna Simic, of Bosnia, from left, wave their flags during the 19th annual Fiesta of Independence after they were sworn in as new American citizens at South Mountain Community College, Wednesday, July 4, 2007, in Phoenix. The event had 350 residents …

Pinkerton — The Presidential Comeback: How Reagan’s First Term Recovery Offers Hope for Trump

What they say about the weather is also true of politics: If you don’t like what’s happening now, wait a bit—because things will change. The same point holds true for presidential politics. What happens to a president early on is not automatically dispositive to what happens to that president later on. History is full of examples of presidential comebacks, and President Reagan’s first term is a case in point.

WASHINGTON, DC - APRIL 24: (AFP OUT) U.S. President Donald Trump speaks along with his daughter Ivanka Trump (R) and NASA Astronaut Kate Rubins, during a video conference with NASA astronauts aboard the International Space Station in the Oval Office at the White House April 24, 2017 in Washington, DC. …

Virgil: Trump Connects to the Taproot of American Economic Nationalism with Henry Clay’s ‘American System’

In his March 20 speech in Louisville, Kentucky, President Trump sounded many familiar and important themes, including the importance of jobs, manufacturing, trade, and the need to revive the coal industry. And yet he also added a new and larger “meta-theme,” namely, the urgency of building up our industrial strength for the sake of economic and national security. That meta-theme, we might observe, is the essence of the “American System” of Henry Clay.

Virgil
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