by Richard W. Rahn | Mar 27, 2012
The Supreme Court last week ruled against the Environmental Protection Agency (EPA) in a unanimous decision. The EPA had charged a couple with violating the Clean Water Act. It claimed their property was a “wetland” and said it would fine them up to $75,000 per day...
by Richard W. Rahn | Mar 20, 2012
This city is one of the oldest on earth, as humans lived here at least as early as the 12th century B.C. Now, it is rapidly becoming one of the most modern cities on the planet. Its setting at the eastern end of the Black Sea coast is spectacular, with orange groves...
by Richard W. Rahn | Mar 13, 2012
Despite the encouraging U.S. jobs-report data last week, the fiscal situation in the United States and most of the rest of the world continues to deteriorate. The European Central Bank said the eurozone’s economy is likely to contract this year. Greece finally...
by Richard W. Rahn | Mar 6, 2012
Most people intuitively understand that job creation requires capital investment, but many in the Obama administration and in Congress seem to have missed this basic fact of economic life. As the late Jack Kemp used to say, “How many truck drivers would you have if...