The flood of obituaries that noted the passing of Paul Volcker (1927–2019) last week have almost all lauded his achievement as Fed chair (1979–1987) in reining in the double-digit inflation that ravaged the US economy during the 1970s. Volcker was referred to as the...
A recent nightmare is still vivid in my mind: I dreamt that I had just begun a new job as a public relations executive for a big corporation and had gotten a note from the CEO that he wanted me to work with local government and nonprofit organizations to address the...
On FPF #427, I explain how the shooting at the US base in Flordia was a part of the war the US is fighting in the Middle East. The shooter was a Saudi officer who was training at the base. Before the shooting, the Saudi posted about American crimes against Muslims...
The New Cold War Putin said the US is rapidly developing military technology. [Link] Putin says Russia will extend the New Start Treaty without any preconditions or discussions. [Link] North Korea Trump and Kim Jong-un return to name-calling as North Korea’s year-end...
US News A US sailor killed two civilians Department of Defense employees before killing himself at the Pearl Harbor Shipyard. [Link] The New York Times publishes drawings by CIA torture victim Abu Zubaydah of the abuse inflicted on him. [Link] The Mexican President...
Farm exports to China are down, manufacturing job growth has stalled, and prices are up for many goods Americans are about to enter the third full year of President Donald Trump’s aggressive tariff regime, which aims to promote US manufacturing, protect key...
US News Trump says the US is working on a deal with the Taliban. [Link] An FBI official is being investigated for changing a document related to Russiagate. [Link] The Navy is pushing back against Trump’s decision to restore the pay and rank of war criminal Navy Seal...
One of the most groundbreaking characteristics of a developed economy is the freedom entrepreneurs and firms have to develop their companies as they see fit. It was precisely this freedom that allowed Henry Ford to experiment with the 40-hour workweek in an age when...
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