by Richard W. Rahn | Nov 14, 2023
Many people, including virtually all Republicans, properly view President Ronald Reagan as a great success. The economy grew rapidly at an average rate of well over 4% for the last seven years of his presidency, with many millions of new high-paying jobs being...
by Richard W. Rahn | Oct 31, 2023
The good news was that the gross domestic product report came in higher than expected at 4.9% for the third quarter. The bad news was that too much of the GDP growth came from government spending. The old joke: Economists, to prove they have a sense of humor, provide...
by Richard W. Rahn | Oct 24, 2023
WHAT HAPPENS WHEN AMERICANS STOP PLAYING BY THE RULES “If, as it appears, the election will come down to Trump vs. Biden, the U.S. is headed for a constitutional crisis and the social and political chaos that implies. Like prisoners of the economists’ dilemma, there...
by Richard W. Rahn | Oct 17, 2023
A DOOMSDAY GUIDE Each morning, we wake up and turn on the news, thinking things cannot get worse — but they do. From the beginning of the COVID-19 pandemic, most things have gone downhill. So how do you protect your family when previously low-probability events such...
by Richard W. Rahn | Oct 11, 2023
IS AMERICA DESTINED TO STAGNATE AND COLLAPSE LIKE THE SOVIET UNION? Do all jobs have the same value? More people working should lead to higher real incomes, except when the jobs are destroying wealth. Wages have been rising, but prices are rising even faster. So the...