by Richard W. Rahn | Jan 26, 2016
Do you know what socialism is? Hillary Clinton struggled to find an answer when recently asked. Socialism is a system in which the government owns or controls the means of production, and allocates resources and rewards. Sen. Bernie Sanders proudly proclaims himself a...
by Richard W. Rahn | Jan 19, 2016
There will be a recession in the United States and much of the rest of the world in 2016. After reading the above sentence, you should be thinking, what possibly could the writer know that the International Monetary Fund, the Federal Reserve and the Obama...
by Richard W. Rahn | Jan 12, 2016
Do you know what type of person the various presidential candidates would appoint to the Supreme Court? The next president is likely to be able to pick several Supreme Court justices, and those decisions will influence the direction of the American republic for...
by Richard W. Rahn | Jan 5, 2016
If McDonald’s suddenly cuts the price of its French fries in half, would its store profits fall or rise? If the price cut caused more people to come to its stores and spend more on other items, such as Big Macs, revenues and profits might rise, provided that...