Statement of President Ferdinand Marcos on disposition of his worldly goods through the Marcos Foundation

DECEMBER 31, 1969 DRAFT I have today given away by general instrument of transfer all my worldly possessions to the Filipino people through a foundation to be organized known as the Marcos Foundation. Moved by the strongest desire and the purest will to set the example of self-denial and self-sacrifice for all our people, I…

If the Marcos economy was so bad, why is his economic tsar Virata so respected?

IN its vitriolic anti-Marcos manifesto, the Ateneo de Manila pontificated: “The Marcos regime’s economics of debt-driven growth was disastrous for the Philippines.” An earlier column–but reposted in some Facebook pages recently–by UP economist Noel de Dios, an Oscar M. Lopez professor at the School of Economics, makes the same point, that the economy had a…