by Richard W. Rahn | Aug 29, 2022
Over the period from 1980 and 2018, “the world’s population rose by 71.2 percent, yet the average working time to earn enough money to buy 50 kinds of energy, food, raw materials, and metals fell by 71.6 percent. Put differently, the amount of effort required to buy 1...
by Richard W. Rahn | Aug 22, 2022
The good news is that the world will be awash with clean and inexpensive energy; the bad news is that utopia may be up to a century off due to government drag. All too many people think you can just wish or legislate outcomes, such as “zero-carbon emissions by 2050,”...
by Richard W. Rahn | Aug 15, 2022
If you had been aware of the following facts, would you have voted for the just-passed climate and health care bill? The bill includes major tax increases (including tax increases on people at all income levels), greatly increases government spending and will provide...
by Richard W. Rahn | Aug 8, 2022
An economic and/or hot war between China and Taiwan will be a global economic and political disaster. Upon taking office, President Biden took actions to implement his promised war against the oil and gas industry. He shut down the Keystone Pipeline, restricted oil...
by Richard W. Rahn | Aug 1, 2022
What is a recession? Who is to say? What is an economist, and who is to say? For many years after completing my graduate education, I called myself an economist with a certain pride — but these days not so much. I thought I was following in the footsteps of many great...
