Benjamin M. Anderson’s Economics and the Public Welfare: A Financial and Economic History of the United States, 1914—1946, first appeared in 1949. Anderson was in a unique position to observe, record, and analyze this history. He had three professions: professor, practicing economist, and writer-journalist. For 20 years (1920—1939), he was economist for the Chase National Bank. "During these years, he was in intimate contact with bankers, investment bankers, brokers, and industrialists throughout the world, with the Federal reserve System and with foreign central banks, with government officials and leading journalists of many countries, as well as with academic students in … Continue reading Those Who Do Not Understand History