Freeman

IN BRIEF

Fed Chief Promises to Prevent Persistent Inflation

APRIL 05, 2011

“Federal Reserve Chairman Ben S. Bernanke said he expects an increase in commodity prices to create a ‘transitory’ boost in U.S. inflation and that the central bank would act if he’s proven incorrect.” (Washington Post)

Don’t worry. Be Happy.

FEE Timely Classic
“‘F’ as in Fed” by Sheldon Richman

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For centuries, hierarchical models dominated human organizations. Kings, warlords, and emperors could rally groups--but also oppress them. Non-hierarchical forms of organization, though, are increasingly defining our lives. It's no secret how this has benefited out social lives, including dating, and it's becoming more commonplace even in the corporate world. But it's also now come even to organizations bent on domination rather than human flourishing, as the Islamic State shows. If even destructive groups rely on this form of entrepreneurial organization, then hierarchy's time could truly be coming to an end.
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