by Richard W. Rahn | Sep 30, 2019
The International Monetary Fund staff just concluded their mission to Ukraine. Upon reading the report, a colleague, who is a very good economist and student of IMF programs, immediately quipped, “Haven’t they suffered enough?” — with the added statement, “The...
by Richard W. Rahn | Sep 23, 2019
Miami – Every few years, some self-proclaimed prophet comes along with the announcement that the world is going to end on some specific date (usually because of mankind’s sins). These religious doomsayer prophets receive less publicity than in times past, only to be...
by Richard W. Rahn | Sep 16, 2019
Recent reports indicate that almost 300 people are leaving the New York metropolitan area each day, with the majority moving to Florida. Florida does not have a state or local income tax. In New York, state and local income taxes may exceed 12 percent. A number of...
by Richard W. Rahn | Sep 9, 2019
If the government had not spent any tax dollars trying to mitigate climate change during the last 30 years, how much warmer would it have been and how much higher would the sea level be? The correct answer is, no measurable change. To the extent that mankind has an...
by Richard W. Rahn | Sep 2, 2019
When will the next recession start? No one knows despite the very confident talking heads on TV who speak with great certainty about things they cannot know. Economic and weather systems both share the attribute of being exceedingly complex. They both have almost...
