by Richard W. Rahn | May 29, 2012
Many in the political class, including President Obama and many members of Congress, have an interest in confusing, rather than enlightening, the public. The effort to misinform about the growth in spending and the impact of government spending on job creation reached...
by Richard W. Rahn | May 22, 2012
If you are a nonimmigrant American reading this, do you know why your ancestors came to America? The fact is, a large percentage of immigrants were trying to escape various forms of government persecution, including religious and tax persecution. The American...
by Richard W. Rahn | May 15, 2012
Last week, Jamie Dimon, CEO of the nation’s largest bank, JPMorgan Chase, revealed that the bank had made a $2 billion-plus trading mistake. The bank has more than $2 trillion in assets and made a profit of about $20 billion last year. So it lost one-tenth of 1...
by Richard W. Rahn | May 8, 2012
Denial is leading to collective economic suicide in Europe and the United States. The French on Sunday elected a socialist president who wants to raise taxes on those elusive rich and keep spending as if there is no tomorrow. Many on the left, including European...
by Richard W. Rahn | May 1, 2012
What would you think of a secretary of the Treasury who failed to do serious cost-benefit analysis about regulations that could cost millions of Americans their jobs and cause innocent people to be subject to political abuse or worse and yet have almost no benefit to...
