Committee for Economic Development: Difference between revisions

Revision as of 17:21, 30 January 2022

Revision as of 22:21, 4 February 2022

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== History ==

According to ''[[Fortune (magazine)|Fortune]]'' the organization "originated in the [[United States Department of Commerce|Commerce Department]]" in 1942 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 name=":1">{{Cite web|last=Mudge|first=Stephanie L.|date=30 May 2019|title=Commentary: An Alliance Between Big Business and Democratic Socialists Isn’tIsn'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>

The first business leaders on board were [[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>

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== Further reading ==

{{Cite book|last=Schriftgiesser|first=Karl|url=https://www.worldcat.org/title/business-comes-of-age/oclc/911692573&referer=brief_results|title=Business Comes of Age. The Story of the Committee for Economic Development and Its Impact Upon the Economic Policies of the United States, 1942-1960|date=1967|publisher=[[Harper and Brothers]]|___location=New York|language=English|oclc=911692573}}

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