My Blue Ribbon Father: An Addendum | The American Spectator | USA News and Politics
My Blue Ribbon Father: An Addendum
by

Dear Aram,

Thank you humbly. In further answer to your kind letter noting that my father was a beer drinker, as revealed in my Father’s Day Essay

In 1944, when my father was a U.S. Navy LTJG, Pabst Blue Ribbon had a contest for the best essay on how to keep the U.S. from sliding back into Depression after WWII. Every economist in the country entered. My father, age 28, sent in a short essay composed on a portable typewriter while in his tiny quarters. He won first prize, which was $25,000, a staggering sum in 1944. This earned him the undying hatred of the more well-known economists of the day.

Under the laws of the day, he had to pay more than half in income taxes. To show his patriotism, he invested the rest in 2 Percent U.S. War Bonds. Had he put it in a diversified way in the stock market, he would by, say, 1966, have been a well-to-do man. But he was a patriot and he never regretted his decision, And our fridge was always well stocked with Pabst Blue Ribbon.

Love, Ben

 

Ben Stein
Follow Their Stories:
View More
Ben Stein is a writer, actor, economist, and lawyer living in Beverly Hills and Malibu. He writes “Ben Stein’s Diary” for every issue of The American Spectator.
Sign Up to receive Our Latest Updates! Register

Notice to Readers: The American Spectator and Spectator World are marks used by independent publishing companies that are not affiliated in any way. If you are looking for The Spectator World please click on the following link: https://thespectator.com/world.

Be a Free Market Loving Patriot. Subscribe Today!