by Richard W. Rahn | Jul 30, 2013
There has been much discussion about which banks and other financial institutions are “too big to fail.” In reality, no institution is too big to fail, including any private company or political entity, whether it is Detroit or the former Soviet Union. The...
by Richard W. Rahn | Jul 26, 2013
If you knew nothing else about President Obama other than looking at the data, you might conclude that he was insensitive to blacks, given that they have done far worse economically under his administration than Hispanics or whites. What is striking is that the...
by Richard W. Rahn | Jul 23, 2013
Most people who work in government have no problem giving their real names and telling you what they do, but there are exceptions. Those who are engaged in real undercover work for government intelligence agencies or certain law enforcement agencies have a legitimate...
by Richard W. Rahn | Jul 16, 2013
What type of tax reform do you want? Simplification of the existing progressive income tax system? A flat tax? A sales tax? A value-added tax? Tax professionals, economists, elected officials and others heatedly debate the pros and cons of each. However, it is...
by Richard W. Rahn | Jul 9, 2013
Stall speed is the airspeed at which an aircraft stops producing lift. Unless immediate corrective action is taken, such as reducing the wing’s angle of attack or the weight of the aircraft, the results are not likely to be good. An economy can hit “stall speed” when...