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Wrong Questions, Wrong Measures Government must measure spending effectiveness by what is accomplished, not by how much is spent

by Richard W. Rahn | May 30, 2017

Which portion of government spending provides little or no value? The president just released his budget proposal, and the predictable chorus of complaints immediately began from those who want more spending for “whatever.” A quarter of a century ago, I was leading an...

Population Death Spiral High social insurance taxes cause a drain of productive citizens

by Richard W. Rahn | May 23, 2017

Vilnius, Lithuania It is hard to succeed if everyone is leaving. Some of the former communist countries are suffering from a population death spiral, with double-digit population declines over the last 25 years, as can be seen in the enclosed table. The problem is not...

The Problem of European Divergence Nations with freer economic systems prosper while others lose ground

by Richard W. Rahn | May 16, 2017

Zurich, Switzerland “It was the best of times, it was the worst of times” (with apologies to Dickens). Despite the attempts to unify Europe into an economic and partial political whole over the past 70 years, the grand experiment is unraveling, and it increasingly...

Why the Revenuers are Always Wrong High-tax advocates fail to acknowledge that tax cuts stimulate growth

by Richard W. Rahn | May 2, 2017

If you were really hungry and given the choice of half of an eight-inch pizza or a third of a twelve-inch pizza, which would you choose? Already, the normal group of know-nothings among the political class and the press are proclaiming that President Trump’s proposed...

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