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Tax Reform for the Real World Government revenue forecasts fail to account for human behavior

by Richard W. Rahn | Jun 27, 2017

There is an old adage that entrepreneurs often find to be true, and that is that things take three times as long and cost three times as you much as you thought. The Republicans claim they are going to get tax reform done this year — but this is not going to happen...

Breaking the Monopoly on Money The federal government shouldn’t block digital funds

by Richard W. Rahn | Jun 20, 2017

If mankind can figure out how to give everyone instant communication and all the world’s knowledge via the smartphone, why are we not smart enough to figure out equally convenient, quick, low-cost and secure ways of paying for goods and services to everyone on the...

Destroying Financial Privacy Overzealous money laundering rules subject the innocent to suspicion

by Richard W. Rahn | Jun 13, 2017

Do you want your relatives, friends, business competitors and government bureaucrats to know precisely how much wealth you have, in what form, and how you spend all of your money? Most people were appalled when they learned the extent of monitoring of telephone and...

The Real Deniers Elites dismiss the costs of their climate policies borne by the less fortunate

by Richard W. Rahn | Jun 6, 2017

No one knows what is going to happen 100 years from now — what problems human beings will face and what advances they’ll make. Are you willing to double your electrical bill — to European rates — to reduce global temperatures by two-tenths of 1 degree 100 years from...

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