by Richard W. Rahn | Feb 16, 2021
Should taxpayers be forced to spend approximately 1 million dollars to protect each member of the House and Senate in the absence of specific threats to justify such expenditures? According to the AP, nearly a half-billion dollars of your money has been spent on the...
by Richard W. Rahn | Feb 8, 2021
In the next 50 years, what do you think is more likely to kill you: a pandemic; a major war, including the use of nuclear, biological or electronic weapons; the income-destroying effects of a global economic meltdown or the effects of global warming? If you really...
by Richard W. Rahn | Feb 1, 2021
It is rather ironic that those most active in trying to repress the freedom of speech and thought of others are most often found in the academy, high-tech information giants, and the press — or precisely those who ought to be the strongest defenders of liberty. Why is...
by Richard W. Rahn | Jan 26, 2021
It is unlikely that President Biden and his advisers dislike the young, uneducated and unskilled, but their proposal to double the minimum wage to $15 per hour is unspeakably mean. It pains me that once again I need to give a basic tutorial on supply and demand; but...
by Richard W. Rahn | Jan 19, 2021
The persistent myth is that government spending increases economic growth when, in fact, it slows growth beyond a certain point. The myth is based on an old Keynesian theory argument that if there are unemployed people, the government can boost employment by giving...