by Richard W. Rahn | May 17, 2021
Did you receive 4.2% interest (the inflation rate) on your bank account this past year? More likely it was under 2%, on which you had to pay “income” tax, even though you lost money in inflation-adjusted terms. The Constitution gives Congress the power: “To coin...
by Richard W. Rahn | May 11, 2021
Bad perceptions can lead to very poor public policy. As reported by Health Care News, a recent poll found that young adults “overstated their risk of dying from COVID-19 by as much as 10 times. Those 24 and under believed they had a 7.7 to 8.7 chance from dying form...
by Richard W. Rahn | May 4, 2021
The principled are often ridiculed as not being pragmatic, when in fact most often, over the long run, sticking with solid principles is highly pragmatic. Those who represent large numbers of people or organizations with conflicting goals or self-interest quickly find...
