by Richard W. Rahn | Nov 24, 2015
Your Thanksgiving dinner is going to be less expensive. This year the average person will need to work 2 hours, 21 minutes and 57 seconds to pay for all the items in a standard Thanksgiving dinner for 10 people — a work reduction of one minute and 8 seconds from last...
by Richard W. Rahn | Nov 17, 2015
Do not expect to get a higher real rate of interest on your savings — ever. Traditionally, people could expect to receive 2 or 3 percent more than the rate of inflation on their savings or money market accounts. For instance, if inflation was 2 percent, many people...
by Richard W. Rahn | Nov 10, 2015
Are you aware that the American government has been slowly giving away its power to international bureaucrats to determine how its businesses and citizens are taxed? Most wars do not turn out the way the people who started them intended. Setting aside the hot military...
by Richard W. Rahn | Nov 3, 2015
There was good news for Argentina last week. It was expected that Daniel Scioli, the Peronist candidate and political heir of Cristina Fernandez de Kirchner, would win the presidential election. Much to most people’s surprise, Maurico Macri, the more...