by Richard W. Rahn | Sep 29, 2020
Successful countries are characterized by a fidelity to long-lasting traditions and institutions, including the rule of law. Jurisdictions characterized by few constructive traditions, weak institutions and failures to maintain the rule of law are prone to chaos. The...
by Richard W. Rahn | Sep 21, 2020
Several European countries and Japan have negative interest rates — which means borrowers receive interest rather than pay interest on their loans. Federal Chairman Jerome Powell of the Federal Reserve said again this past week that the Fed will keep interest rates...
by Richard W. Rahn | Sep 15, 2020
The good news is that through 2018 the world had slowly become more economically free. For more than two decades, a country ranking of economic freedom has been produced by the Fraser Institute in Canada and many other cooperating policy organizations around the...
by Richard W. Rahn | Sep 8, 2020
Bad data cause bad conclusions which cause bad decisions. The medical, political and media classes have much to be embarrassed about when it comes to their statements about COVID-19. There has been endless revisionism and denial rather than forthright discussions of...
by Richard W. Rahn | Sep 1, 2020
Is skin color a good predictor of income and other success among Americans? Take a look at the enclosed table, and you will notice that the highest per capita income among the large ethnic groups in the United States is from those of Asian Indian origin. Some Asian...
