by Richard W. Rahn | Sep 25, 2012
It’s difficult to say definitively which tax is the most destructive. The corporate income tax is a leading candidate for causing higher prices to consumers, lower wages to workers and lower returns to investors. It misallocates capital, resulting in higher...
by Richard W. Rahn | Sep 18, 2012
The annual Economic Freedom of the World report, including an index of country rankings, has just been released, and it should be a wake-up call. The United States was known as the bastion of economic freedom for more than two centuries, and it was because of its...
by Richard W. Rahn | Sep 12, 2012
Central banks are being pressured by their political masters to solve a problem they cannot solve. On Wednesday, a German court is going to rule whether the European Central Bank can buy an unlimited amount of debt from the national banks of the countries in the...
by Richard W. Rahn | Sep 5, 2012
Year by year, the current nine countries of Eastern and Central Europe that were controlled by the Soviets — Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania and Slovakia — become relatively more prosperous in comparison...