by Richard W. Rahn | Jan 23, 2024
An Englishman, a Welshman and a Pakistani arrive at a London hospital to pick up their newborns. The doctor comes out and says, “I am terribly sorry, but the paperwork was mixed up, and we do not know which baby belongs to which father, so each of you must choose a...
by Richard W. Rahn | Jan 16, 2024
THOSE WHO SEE THE CRISIS COMING WILL USE GOVERNMENT TO SHIFT THEIR RISK TO OTHERS There will be a financial meltdown because the present course is unsustainable. As Herb Stein, former chairman of the president’s Council of Economic Advisers, told us half a century...
by Richard W. Rahn | Jan 9, 2024
HUNDREDS OF BILLIONS IN ‘IMPROPER PAYMENTS’ MADE BY FEDERAL GOVERNMENT The Government Accountability Office just announced that the government made $236 billion in “improper payments” in 2023 and more than $2.4 trillion in improper payments since 2003 — or about...
by Richard W. Rahn | Jan 2, 2024
It has become acceptable, if not entirely fashionable, for major institutions — such as universities, churches and governments — to not only tolerate but to encourage discrimination based on skin color, ethnicity, religion. It is a long way from a colorblind society...
by Richard W. Rahn | Dec 26, 2023
WORLD’S 1999 AGREEMENTS COLLAPSE It was the best of times. It was 1999. The U.S. and world economies were booming, and the U.S., for the first time in decades, was running a budget surplus. The European Union was succeeding better than expected, and the common...
