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Opinion/Middendorf: When the Soviet Union nearly became a democracy


Former Secretary of the Navy and Ambassador to Holland J. William Middendorf is the author of The Great Nightfall: How We Win the New Cold War. He lives in Little Compton.
In 1991, as communism was collapsing in the Soviet Union, President Boris Yeltsin invited a team from the Heritage Foundation to help draft a constitution for the new Russia. The team was headed by Dr. Edwin J. Feulner, president of the Heritage Foundation, and included key members of the Heritage Foundation. As a member of the board of trustees of the Heritage Foundation, I was invited to participate.
Relations between Yeltsin and the Duma (Russian Parliament) had been deteriorating for some time. The chief cause of Russia’s low standard of living was the inefficiency of its government-owned and managed enterprises, which misused the country’s skilled workforce, scarce capital and raw materials. Yeltsin realized that privatization, the process of transferring state-owned facilities to private-sect ....

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The GameStop Saga and the Incoherent Politics of the Stock Market


The GameStop Saga and the Incoherent Politics of the Stock Market
Republicans have long encouraged stock ownership in the belief that it will turn Americans conservative, but does the evidence bear that out?
Spencer Platt/Getty Images
The recent furor regarding speculation in the stock of GameStop which soared far beyond its fundamental value, due to a technique known as a short squeeze has focused attention on the nature of the stock market and what it means both politically and economically. CNN’s Chris Cillizza sees the bipartisan hostility toward hedge funds so far, the big losers in the GameStop imbroglio as a manifestation of Trumpian populism. But critics of market manipulation, such as Senator Elizabeth Warren, see it as another reason to ramp up government regulation. ....

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Christie's announces Americana Week 2021


Christie s announces Americana Week 2021
A Pair of Famille Rose Roosters Qianlong Period (1736-1795). Estimate: $20,000-30,000. © Christie s Images Ltd 2020.
NEW YORK, NY
.-Christie’s presents Americana Week 2021, a series of three live and online sales comprised of Outsider Art on January 21, In Praise of America: Important American Furniture, Folk Art, Silver, Prints and Broadsides on January 21-22, and an online-only sale of Chinese Export Art Featuring Property from the Tibor Collection open between January 7-20.
Standout objects across the week of sales include a 1776 broadside edition of the Declaration of Independence (estimate: $600,000-800,000) as well as a fine copy of Paul Revere’s iconic engraving of the Boston Massacre (estimate: $200,000-300,000) from the Collection of Ambassador J. William Middendorf II; a Newport card table made by John Townsend (estimate: $150,000-250,000); a selection of works by Bill Traylor from The William Louis-Dreyfus Fo ....

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