by Richard W. Rahn | Dec 20, 2011
Do increases in government spending increase or decrease the number of jobs? Conventional wisdom is they will increase jobs, and a few left-wing economists, such as Paul Krugman of the New York Times, frequently are trotted out by reckless politicians and some in the...
by Richard W. Rahn | Dec 13, 2011
It became increasingly clear last week how the debt crisis will end – and it is not going to be comfortable. The latest phony solution is for the large, “responsible” countries to demand more fiscal responsibility from the smaller and purportedly “less...
by Richard W. Rahn | Dec 6, 2011
The financial crisis in Europe has resulted in the appointment of new prime ministers in both Greece and Italy, in reality, by the Germans and French, rather than through the ballot box in Greece and Italy. This raises the question, “Is it possible to have both a...