IGEG
Institute for Global Economic Growth
What right do the financial fascists in Washington, who created the world's biggest financial Ponzi schemes (i.e., Social Security and Medicare) and the largest unsustainable debt in history, have to tell more than 99 percent of the rest of us what we can and cannot invest in?
by Richard W. Rahn
Governments rarely adequately police themselves, and international organizations, such as the United Nations, International Monetary Fund, Organization for Economic Cooperation and Development, World Bank, etc., not only fail to police their member governments, but often end up sanctioning some of their members' worst practices.
The French corruption
The Washington Times, August 24, 2010
by Richard W. Rahn
Former French President Jacques Chirac is almost certain to be accused in a major court proceeding in Paris of being part of a scheme to overcharge the kingdom of Saudi Arabia for French military equipment during his presidential term.
Juveniles in charge
The Washington Times, August 17, 2010
by Richard W. Rahn
Most clear-thinking adults, even without formal training in economics, can understand that if the government greatly increases regulations on business (not justified by serious cost-benefit analysis) and increases taxes on labor and capital, the cost of doing business will rise; hence, businesses will have to hire fewer workers.
An inconvenient economic history
The Washington Times, August 10, 2010
by Richard W. Rahn
One can go back 100 years, and there is no data to support the argument that bigger government leads to prosperity.
Evidence and denial
The Washington Times, August 4, 2010
by Richard W. Rahn
Last Friday, it was reported that economic growth was only 2.4 percent in the second quarter of this year - far below what the Obama administration had forecast.
Only high-tax adherents are surprised
by Richard W. Rahn
Many politicians lean toward accepting the big-government theory rather than the small-government model because more spending increases their power.
Abolish state income taxes
The Washngton Times, July 20, 2010
by Richard W. Rahn
Why is it that some of the states with the biggest fiscal problems have the highest individual state income tax rates, such as New York and California, while some of the states with the least fiscal problems have no state income tax at all?
Time to fire America's management
The Washington Times, July 14, 2010
by Richard W. Rahn
Congress by its actions is driving away foreign capital, new and existing companies and jobs; burdening the people with excessive debt - and even providing an incentive for murder.
Government taxes imaginary income
The Washington Times, July 7, 2010
by Richard W. Rahn
Most of the current problems facing America stem directly from the failure of our elected representatives to follow the Constitution.
Obama's fiscal fantasyland
The Washington Times, June 30, 2010
by Richard W. Rahn
The socialists have run hundreds of experiments around the world for the past 70 years, inducing governments to try to spend themselves into prosperity. It doesn't work.
Wars around Brussels
The Washington Times, June 22, 2010
by Richard W. Rahn
For the past 200 years, much of the fate of Europe has been determined near this lovely city.
Costs without benefits
by Richard W. Rahn
Very few regulations are subjected to a real and independent cost-benefit analysis; hence, there is every reason to believe that a very high percentage of regulations do not meet such a standard, let alone a human-liberty standard.
Athority, responsibility and accountability
The Washington Times, June 9, 2010
by Richard W. Rahn
If courtesy and efficiency can be managed by other countries and Wal-Mart, why not at TSA and CBP?
The irresponsible neighbor
The Washington Times, June 2, 2010
by Richard W. Rahn
Two of
The Washington Times, May 25, 2010
by Richard W. Rahn
Montenegro has made much progress toward a free and prosperous society, in part because of the extraordinary work of Mr. Vukotic.
Sidetracking the gravy train
The Washington Times, May 19, 2010
by Richard W. Rahn
Most public employees have been pampered, rarely getting fired, with wage and benefit packages steadily rising, so now many are paid far more than their private sector equivalents.
Taxaholics
The Washington Times, May 11, 2010
by Richard W. Rahn
When people are addicted to something, there are usually two alternative treatments.
Flaccid brains
by Richard W. Rahn
People with flaccid brains have a hard time understanding the consequences of actions, and they tend to treat variables as constants (e.g., I know how to drive, so I should be able to drive drunk).
Financial fascism
by Richard W. Rahn
Could the U.S. become Argentina?
by Richard W. Rahn
A century ago, Argentina was enjoying the fourth-highest per capita income in the world.
The rise of the job and savings killers
The Washington Times, April 14, 2010
by Richard W. Rahn
When governments run high deficits, they take away the capital that could be used to create economic growth and new jobs.
Saving Cayman: The Miller Commission
Cayman Financial Review, 2nd Quarter 2010
by Richard W. Rahn
The biggest single cost item in the Cayman budget is personnel. Government employee compensation consumes almost 50 per cent of the total government budget (about the highest in the world), as contrasted with the
Morality and the IRS
The Washington Times, April 6, 2010
by Richard W. Rahn
The tragedy is that too many at the IRS and in Congress have lost their moral sense, causing their fellow citizens to lose respect for the law.
Learning from what works
The Washington Times, March 31, 2010
by Richard W. Rahn
What can we learn from the Switzerlands of the world about how to do things right and what is wrong with the Haitis of the world?
The necessity of failure
The Washington Times, March 24, 2010
by Richard W. Rahn
When government becomes a player and tries to prevent the failure of market participants, its decisions are almost invariably corrupted by the political process.
Political plunder -- again
by Richard W. Rahn
Many have come to believe that government plunder is proper and right because it is so common.
Waging war on black teens
The Daily Caller, March 11, 2010
by Richard W. Rahn
Teenaged black males' unemployment rate is currently 44.9 percent, up from 39.2 in July when the minimum wage hike took effect.
by Richard W. Rahn
Mr. Obama's economic advisers find the elixir of being close to the seat of power more intoxicating than avoiding economic disaster over the next decade.
Fraudulent tax revenue forecasts
by Richard W. Rahn
If corporate executives can be sued for misrepresentation, should the people not have the right to sue government officials for providing phony tax revenue and spending numbers?
Wasting taxpayers' money is silly
by Richard W. Rahn
Stimulus money was used to pay some researcher $28,900 to study how methamphetamine affects the sex lives of rats.
Poland versus Greece
The Washington Times, February 18, 2010
by Richard W. Rahn
Poland's prime minister, Donald Tusk, said last month: "Who would have thought we would see the day when the Polish economy is talked about with greater respect than the German economy?"
Where is the inflation?
The Washington Times, February 10. 2010
by Richard W. Rahn
But what happens if people see a rise in inflation and at the same time are unable to obtain sufficiently high interest rates on their savings to cover the inflation and then some?
Challenging the rule of law
by Richard W. Rahn
Do you think the General Electric Co., which owns NBC, should have freedom of speech, but not FedEx, which does not own a media company?
Recouping the golden quarter
The Washington Times, January 27, 2010
by Richard W. Rahn
In the nine quarter-century periods since the American republic was founded in 1789, the one with highest economic growth and job creation was the period from 1983 through 2007.
Deaf to deficit warnings
The Washington Times, January 20, 2010
by Richard W. Rahn
History has shown time and time again that when the government sector gets bigger, economic growth slows, there is less job creation, and people become relatively poorer.
The problem with spending
The Washington Times, January 13, 2010
by Richard W. Rahn
The
OTHER PUBLICATIONS
BY RICHARD. W. RAHN
“Countries which have a strong rule of law, protect private property, engage in relatively free trade, have free markets, use a sound currency, and maintain relatively low levels of government spending, taxing, and regulation, will grow much more rapidly than those countries that do not follow these constructive policies.”
- Dr. Richard W. Rahn
Chairman
SEE PUBLICATIONS BY DR. RICHARD W. RAHN
The U.S. Colossus with Feet of Clay
The Globalist, July 28, 2010
by Norman A. Bailey
If we are an empire, we must behave as such — or suffer terminal decline. If we are not, then we must return to our founding principles — or suffer terminal decline. Those are our choices.
THE CORPORATE STATE
by Norman A. Bailey
The Obama administration has been accused by opponents of moving towards socialism, but the measures taken so far are much closer to the corporate state model.
THREATS IN THE HEMISPHERE
The Washington Times, September 4, 2008
By Norman A. Bailey
It is high time the
ECONOMIC STATECRAFT
By Norman A. Bailey, Ph.D.
In recent decades economic statecraft, that is, the use of economic measures to contribute to the achievement of foreign policy goals, has practically been reduced to the use of trade sanctions and/or financial aid. The economic strategy arsenal, however, holds many weapons beyond these two.
NATIONAL INTEREST
VERSUS NATIONAL SECURITY?
THE CASE OF IRAQ
By Norman A. Bailey, Ph.D.
The national debate over the war in Iraq, which began with the invasion of April, 2003 and is still raging in the form of an active insurrectionary movement, has illustrated once more the prevalent confusion over the concepts of national interest and national security.
AFTER THE END OF HISTORY
By Norman A. Bailey, Ph.D.
As the twenty-first century proceeds on its way, there are only three possible developments: either (a) chaos will continue and deepen, and with it insecurity and disintegration of society, or (b) the United States will become truly imperialistic or alternatively will abandon its exceptionalism and give in to the most recent form of Westphalianism – supra-national bureaucratic rules trumping the organs of democratic governance, or (c) the American vision will eventually triumph, leading to a true new world order, the outlines of which are now visible only in embryonic form.
SECURITY FOR WHOM, BY WHOM AND WITH WHOM?
By Norman A. Bailey, Ph.D.
The discussion of security issues, at least since 9/11/01, has fluctuated among three modalities: strategic/theoretical, tactical/technical and ideological/emotional. Little attention is paid to such fundamental considerations as definitions. In fact, there is no generally-accepted definition of even such a constantly-used concept as “national security”. The most common confusion is that of national security with national interest.
THE BATTLE OF THE YARMUK
by Norman A. Bailey, Ph.D.
On September 11, 2001, one thousand three hundred and sixty-six years later, the latest battle in this never-ending war was fought, and it may be that the number of casualties was about the same as at a dry riverbed in
