by Richard W. Rahn | Feb 25, 2020
Assume you wish to buy a new toaster oven. You have narrowed your selection to one made in California and one made in Texas. It is unlikely that you care about which state the toaster oven was made in. Most likely you will base your decision on which one you believe...
by Richard W. Rahn | Feb 18, 2020
For many decades, Virginia had a well-deserved reputation as a highly civil place where people of different viewpoints accommodated each other and got along, and as a state with a relatively honest and competent government. It is the last place that people expected to...
by Richard W. Rahn | Feb 10, 2020
President Trump has nominated distinguished economist, Judy Shelton, to be a member of the Federal Reserve’s (Fed) seven-person board of governors. Mrs. Shelton is under attack for her alleged “unorthodox views.” Elizabeth Warren — who advocates adding trillions of...
by Richard W. Rahn | Feb 4, 2020
The stock market (Dow 30) dropped by more than 600 points this past Friday — allegedly because of greater concerns about the coronavirus outbreak which is centered in China. How big of an economic impact is it likely to have in the United States? A few are arguing,...