by Richard W. Rahn | Jul 29, 2014
Do you want the Obama administration sharing all of your financial information with the Russian, Chinese and Saudi Arabian governments? You may be thinking, not even President Obama would go that far. Not so, read on. This past week, the Organization for Economic...
by Richard W. Rahn | Jul 22, 2014
The Obama administration is arguably the most corrupt administration in U.S. history. Corruption destroys civil society and economic growth by undermining the rule of law and protection of private property. Corruption takes many forms, from the simple payment to a...
by Richard W. Rahn | Jul 15, 2014
Did you know that the portion of the federal budget that Congress actually votes on (the discretionary budget) has been falling for years? The so-called “entitlements,” such as Social Security, Medicare, Medicaid, food stamps and Obamacare, take a larger...
by Richard W. Rahn | Jul 8, 2014
July 1 might go down in history as the beginning of the end of the comprehensive, progressive income tax. A progressive income tax, in which the government attempts to tax all labor income and capital income, such as interest, dividends and capital gains more than...
by Richard W. Rahn | Jul 1, 2014
Do you know why the U.S. economy shrank almost 3 percent in the first quarter of this year? When the news of the dreadful gross domestic product (GDP) number came out last week, many were surprised, but none were more surprised than the folks in the Obama...
