by Richard W. Rahn | Feb 28, 2012
There is a growing consensus that the Federal Reserve is broken – because it is. The Fed was established to provide price stability and prevent periodic banking crises. It has accomplished neither. The wholesale price level in the United States was at almost the...
by Richard W. Rahn | Feb 21, 2012
Of those who are running for president, who has the best and worst tax plans? The worst plan is easy: President Obama’s. By way of disclosure, I was part of the small team that developed and helped market President George H. W. Bush’s economic platform back in 1988....
by Richard W. Rahn | Feb 14, 2012
President Obama has just presented his new budget, which again ignores reality. It contains another trillion-dollar deficit, which assumes a large increase in revenue resulting from a tax-rate increase on “the wealthy” and corporations. He knows, and so does everyone...
by Richard W. Rahn | Feb 7, 2012
Government corruption can take many forms. Last week, most of those forms could be seen in the actions of the Obama administration – everything from government officials taking simple bribes, to covering up wrongdoing, to using taxpayer money to pay off...
