by Richard W. Rahn | May 28, 2019
People are easily taken in by scientific, literary, financial and political hoaxes, particularly when they want to believe. When we search for “truth,” we tend to rely on authority and whether information supplied by the source has been accurate in the past. Serious...
by Richard W. Rahn | May 21, 2019
Sensible people make sure they understand the exit strategy when making an investment. Too often, people lock themselves into investments, like timeshares, vehicle loans, real estate purchases, etc. for far longer than they wish they had. The same is also true for...
by Richard W. Rahn | May 14, 2019
For most people, particularly in the United States, things have never been better. Yet, the newspapers and airwaves are filled with stories of impending disaster. Many of the doomsday scenarios have been around for some time but doomsday has yet to arrive. We were...
by Richard W. Rahn | May 7, 2019
Athens: Europe’s most significant contribution to the world economy at the moment is serving as a bad example. Much of Western culture and law can trace its origin back to this city of 2,500 years ago. The ancient Athenians learned that democracy is fragile and can...