by Richard W. Rahn | Apr 18, 2017
Kinder and gentler governments use market-based price incentives and less coercion. But all too many government officials forget about the superiority of the price system, and resort to the threat of or actual violence to get the people to do what they want. Business...
by Richard W. Rahn | Apr 11, 2017
The administrative state began in earnest 130 years ago with the creation of the Interstate Commerce Commission in 1883, which was a major power giveaway by Congress to an independent agency. From that time, Congress has continued to delegate law and rulemaking to...
by Richard W. Rahn | Apr 4, 2017
April 6 marks the 100th anniversary of the U.S. entry into World War I — a war that claimed the lives of about 38 million people. It is correctly known as the “war about nothing,” so why was it fought? The United States entered the war near the end, after much of...
by Richard W. Rahn | Mar 28, 2017
President Trump has said he is going to move on to tax reform after the debacle with Obamacare repeal. Is there any reason that we can expect greater success with the tax reform effort? I argue no, unless the rules in the House and Senate are modified, and those in...
by Richard W. Rahn | Mar 21, 2017
Do you think the federal government spends too much? Taxes too much? And should reduce the deficit? Most Americans agree except when it comes to specific spending programs they like. The people “hire” members of Congress to make these difficult choices. Much of what...