by Richard W. Rahn | Jan 12, 2021
Do you have freedom of speech if you have no means of distributing your ideas to large numbers of others? An unprecedented attack on freedom of speech is now underway, primarily by private oligopolists working in concert with their political allies. Before the fall of...
by Richard W. Rahn | Jan 5, 2021
Will inflation in the U.S. return in a big way? Inflation is a rise in the average price level, caused by an increase in the supply and/or velocity of money. If a central bank like the Fed increases the money supply at a faster rate than the economy is producing...
by Richard W. Rahn | Dec 28, 2020
The pandemic will be over when the U.S. reaches herd immunity. Herd immunity is the level of individual immunity where the spread of the disease from person to person becomes unlikely, and results in the whole community becoming protected, even those who are not...
by Richard W. Rahn | Dec 21, 2020
The year 2020 has been horrible — but it could have been worse. Approximately one-tenth of 1% of the population of the U.S. has died as a result of the COVID-19 virus — which is a great tragedy — but by historical standards it is barely measurable. During the Black...
by Richard W. Rahn | Dec 15, 2020
Two decades ago, most economists — including me — believed that as a country became richer it would likely become more democratic and more protective of basic human rights and liberty. After all, we had seen South Korea, Taiwan, Singapore, Chile and most of the...