Committee for Economic Development

According to Fortune the organization "originated in the 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".{{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|language=en}}

The first business leaders on board were Paul G. Hoffman, president of Studebaker Corporation; William Benton, co-founder of Benton & Bowles advertising firm; and Marion B. Folsom, treasurer of Eastman Kodak Company.{{Citation needed|date=January 2022}} CED was first formed to help the U.S. economy transition from a wartime to peacetime economy. At the end of World War II, CED worked to garner support among the American business community for the Marshall Plan.{{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|language=en}}{{Cite web|title=About|url=https://www.ced.org/about|access-date=2022-01-30|website=Committee for Economic Development of The Conference Board}}

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

The CED has been credited with helping to create the Bretton Woods Agreement, the Employment Act of 1946 (and therefore the Council of Economic Advisers and the Joint Economic Committee) and the Marshall Plan.

Since its inception, CED has promoted policies that its trustees believe will foster American economic growth and development and indirectly benefit the country and people. The organization conducts research and outreach efforts in the U.S. and abroad to change policy at all levels of government. More recently CED has also advocated to increase access to pre-kindergarten and college, for campaign finance reform nationally, for more women in corporate leadership, and for reduced government spending.{{Better source needed|reason=The current source is insufficiently reliable (WP:NOTRS).|date=January 2022}}

As of 2022 CED's stated aims are to sustain and promote free enterprise, improve education and healthcare, reform campaign finance, enhance corporate governance, and improve the fiscal health of the United States.

The organization has been called "the capitalists who cared enough about the system to save it."

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{{Cite book|last=Schriftgiesser|first=Karl|url=https://www.worldcat.org/oclc/911692573|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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Category:Think tanks based in Washington, D.C.

Category:Non-profit organizations based in Washington, D.C.

Category:1942 in Washington, D.C.

Category:1942 establishments in Washington, D.C.

Category:Economic development organizations in the United States