by Richard W. Rahn | Dec 27, 2012
Even though some are predicting the end of the world in 2012, there is a possibility it could turn out better than 2011 (a low bar). Many people who are not part of the political class continue to advance civilization and make things better for us – like the...
by Richard W. Rahn | Dec 25, 2012
How is it possible that the government can spend almost twice as much as it takes in without having high inflation? The fact is that over a long period of time, it can’t. In the short run, which can be a few years, the government can paper over its fiscal...
by Richard W. Rahn | Dec 18, 2012
In times past, political leaders would lay out their domestic and foreign policies in clear, coherent terms. President Obama talks about getting our fiscal house in order but fails to propose any meaningful spending cuts. His proposals to increase the tax rate on the...
by Richard W. Rahn | Dec 11, 2012
Last week, Christine Jacobs, the CEO of Theragenics Corp., a public company listed on the New York Stock Exchange that makes medical devices and is involved in cutting-edge cancer cures, wrote a letter to President Obama explaining why it was necessary to “begin...
by Richard W. Rahn | Dec 4, 2012
If you are a member of Congress and you wish to be re-elected, do you increase your chances of winning by voting for or against raising taxes on the “rich”? In decision theory, “regret” is defined as the difference between the actual payoff and...
