by Richard W. Rahn | Oct 30, 2018
The good news is that the U.S. economy is now on track to grow more than 3 percent this year for the first time in 13 years. The bad news is that the economy would be growing even faster if it were not for policy mistakes. Business people and investors hate...
by Richard W. Rahn | Oct 23, 2018
As I write this, there is a caravan of several thousand people coming north, primarily from El Salvador, Guatemala and Honduras, with the intent of illegally entering into the United States. Honduras has roughly a tenth of the per capita income of the United States,...
by Richard W. Rahn | Oct 16, 2018
All of us are subject to many thousands of federal, state, and local laws and regulations, many of which are needlessly oppressive. Who makes these rules, and who enforces them? And at what point are there so many rules that we are no longer free? James Madison, the...
by Richard W. Rahn | Oct 9, 2018
Edinburgh, Scotland This historic and most interesting city has never looked better, even during its earlier pre-eminence in the late 1700s when Adam Smith lived and died here. The current economy is largely based on financial services, research and tourism — all of...
by Richard W. Rahn | Oct 2, 2018
Las Palmas, Canary Islands This small group of volcanic islands off the African coast is one of the more interesting places on Earth with almost ideal temperatures. The name comes from the Latin, meaning islands of the dogs, not the birds. The Spanish gained control...
