Committee for Economic Development: Difference between revisions

Revision as of 14:26, 30 January 2022

Revision as of 14:27, 30 January 2022

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CED was founded in 1942 by a group of business leaders led by [[Paul G. Hoffman]], president of [[Studebaker|Studebaker Corporation]]; [[William Benton (senator)|William Benton]], co-founder of [[Benton & Bowles]] advertising firm; and [[Marion B. Folsom]], treasurer of [[Kodak|Eastman Kodak Company]].{{Citation needed|date=January 2022}} CED was first formed to help the [[Economy of the United States|U.S. economy]] transition from a wartime to peacetime economy.<ref name=":0" /> At the end of [[World War II]], CED worked to garner support among the American business community for the [[Marshall Plan]].<ref name=":0">{{Cite web|last=Allott|first=Daniel|date=2020-01-21|title=Capitalism must meet the challenge: Prosperity for all Americans|url=https://thehill.com/opinion/finance/479179-capitalism-must-meet-the-challenge-prosperity-for-all-americans|access-date=2022-01-30|website=[[The Hill (magazine)|The Hill]]|language=en}}</ref><ref name="About CED">{{Cite web|title=About|url=https://www.ced.org/about|access-date=2022-01-30|website=Committee for Economic Development of The Conference Board}}</ref>

Since its inception, CED has aimed to promote policies that its trustees believe will foster economic growth and development to benefit all Americans. The organization conducts research and outreach efforts in the U.S. and abroad to change policy at the local, state, and national levels. In recent decades, CED has increased access to [[pre-kindergarten]] and [[college]], advocated [[Campaign finance reform in the United States|campaign finance reform]] nationally, placed more women in corporate leadership, and reduced government spending.<ref name="About CED"/>{{Better source needed|reason=The current source is insufficiently reliable ([[WP:NOTRS]]).|date=January 2022}}

In January 2015, the Committee for Economic Development merged with [[The Conference Board]], given the many synergies between the two organizations.<ref>{{Cite web|last=|first=|title=The Conference Board to Merge with the Committee for Economic Development|url=https://www.prnewswire.com/news-releases/the-conference-board-to-merge-with-the-committee-for-economic-development-300020593.html|access-date=2022-01-30|website=[[PR Newswire]]|language=en}}</ref>{{Better source needed|reason=The current source is insufficiently reliable ([[WP:NOTRS]]).|date=January 2022}} Both are non-partisan, non-lobbying, and have trustees drawn mainly from the business community.{{Citation needed|date=January 2022}}

== Work ==

The CED has been credited with helping to create the [[Bretton-Woods Agreement|Bretton Woods Agreement]], the [[Employment Act of 1946]], (and therefore the [[Council of Economic Advisers]] and the [[Joint Economic Committee]]) and the [[Marshall Plan]].<ref name=":0" />

Since its inception, CED has aimed to promotepromoted policies that its trustees believe will foster economic growth and development to benefit all Americans. The organization conducts research and outreach efforts in the U.S. and abroad to change policy at the local, state, and national levels. In recent decades, CED has increased access to [[pre-kindergarten]] and [[college]], advocated [[Campaign finance reform in the United States|campaign finance reform]] nationally, placed more women in corporate leadership, and reduced government spending.<ref name="About CED" />{{Better source needed|reason=The current source is insufficiently reliable ([[WP:NOTRS]]).|date=January 2022}}

== Stated aims ==