Committee for Economic Development: Difference between revisions

Revision as of 15:50, 30 January 2022

Revision as of 15:53, 30 January 2022

Line 19:

== History ==

According to ''[[Fortune (magazine)|Fortune]]'' the organization "originated in the Commerce Department" and was created to encourage collaborative research among business leaders, economists, and New Deal politicians "to promote free enterprise and full employment, paying particular attention to the needs of small business".<ref>{{Cite web|last=Mudge|first=Stephanie L.|date=30 May 2019|title=Commentary: An Alliance Between Big Business and Democratic Socialists Isn’t as Unlikely as It Sounds|url=https://fortune.com/2019/05/30/capitalism-democratic-socialists/|access-date=2022-01-30|website=[[Fortune (magazine)|Fortune]]|language=en}}</ref>

CEDThe was founded in 1942 by a group offirst business leaders ledon board bywere [[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>

In January 2015, the Committee for Economic Development merged with [[The Conference Board]].<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}}