by Richard W. Rahn | Dec 29, 2015
The economist and philosopher F.A. Hayek warned us about the limits to knowledge and forecasting. What we do know, however, based on past behavior is that some future events have a much higher probability of occurring than others — so, now for 2016: There will be a...
by Richard W. Rahn | Dec 22, 2015
Why do billions of people, Christians and non-Christians alike, look forward to Christmas? It is a holiday that makes almost all children, and most adults, happy. Globally, it has evolved into a non-threatening holiday that non-Christians can embrace with good cheer....
by Richard W. Rahn | Dec 15, 2015
The chance of dying in a terrorist attack in any year in the United States is less than one in a million (even including the terrible attack of the approximately 3,000 killed on Sept. 11, 2001). Many in the media over-hype the chances of dying in a terrorist attack...
by Richard W. Rahn | Dec 8, 2015
When you hear politicians speak (the president or members of Congress) and they tell you that the science or facts are settled, do you tend to believe them or treat their comments with skepticism? Those who survey such things show that faith in government and...
by Richard W. Rahn | Dec 1, 2015
Why has Honduras lagged behind its neighbors and much of the rest of the world? It is resource-rich, has deep-water ports both on the Caribbean Sea and the Pacific Ocean, is very scenic and, because of its mountain terrain, has sub-climates that meet most...
