Committee for Economic Development: Difference between revisions

Revision as of 14:17, 30 January 2022

Revision as of 14:26, 30 January 2022

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== History ==

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=TheHill[[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}}

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== Stated aims ==

CED's stated aims are to sustain and promote [[free enterprise]], improve [[education]] and [[health care|healthcare]], reform [[campaign finance in the United States|campaign finance]], enhance [[corporate governance]], and improve the fiscal health of the [[United States]].<ref name="About CED" />{{Better source needed|reason=The current source is insufficiently reliable ([[WP:NOTRS]]).|date=January 2022}}

== Reception ==

The organization has been called "the capitalists who cared enough about the system to save it."<ref name=":0" />

== References ==