by Richard W. Rahn | Oct 21, 2019
If your favorite sports league had no rules to govern the game and the actions of the teams in the league, how long could it last? The rule of law, along with due process, is the cornerstone of civil society. Even communist countries, with an infinitely elastic...
by Richard W. Rahn | Oct 15, 2019
Last week, the Chinese restricted the National Basketball Association (NBA) because a team official praised the Hong Kong fight for liberty, and then they censored an episode of “South Park” because it spoofed the Chinese communist government. After some back and...
by Richard W. Rahn | Oct 8, 2019
Is the world going into a recession? And if so, can the United States avoid being dragged in? Even though there are many who speak with great certainty as if they did know, the short and correct answer to both questions is no one knows. The United States is still...
by Richard W. Rahn | Sep 30, 2019
The International Monetary Fund staff just concluded their mission to Ukraine. Upon reading the report, a colleague, who is a very good economist and student of IMF programs, immediately quipped, “Haven’t they suffered enough?” — with the added statement, “The...
by Richard W. Rahn | Sep 23, 2019
Miami – Every few years, some self-proclaimed prophet comes along with the announcement that the world is going to end on some specific date (usually because of mankind’s sins). These religious doomsayer prophets receive less publicity than in times past, only to be...