by Richard W. Rahn | Nov 28, 2017
Why is it that those who have been right in the past are often ignored, while great attention is paid to those who have been wrong? Many “politically correct” forecasters’ words are accepted as gospel by the media despite dismal records. New York Times economic...
by Richard W. Rahn | Nov 21, 2017
If your income remains constant but the prices of many things you buy decline, you are richer. There are many articles and books asserting that the inflation-adjusted incomes for the middle- and lower-income groups in the U.S. and some of the other developed countries...
by Richard W. Rahn | Nov 14, 2017
The folks in Washington have a knack for almost always asking the wrong question, and then coming up with an answer that makes things worse. The current debate about tax reform is a prime example. Many Democratic critics, some Republican critics (mainly from the...
by Richard W. Rahn | Nov 7, 2017
On Nov. 4, a conference was held in London to commemorate the 100th anniversary of the Bolshevik Revolution, which occurred in October 1917. Rather than learn from the untold human misery which stemmed from that event, many of those who participated were celebrating...
