by Richard W. Rahn | Dec 27, 2022
Congress just passed a $1.7 trillion (that is trillion with a T) budget that President Biden has signed. Those who voted for it claimed it was a Christmas gift to the American people, when in actuality it was a stocking full of coal (and most people had not even been...
by Richard W. Rahn | Dec 19, 2022
THE CURRENT MADNESS SHALL PASS, AS IT ALWAYS DOES This is the time of year for good cheer and optimism. Most everything will get better — health, life spans, economic prosperity, etc. For the past three years, most of mankind has suffered directly or indirectly from...
by Richard W. Rahn | Dec 12, 2022
BIGGER ISN’T ALWAYS BETTER There is an adage: In any organization, 20% of the people do 80% of the work, and 80% of the people do 20% of the work. Elon Musk is testing this out — in that he has been reported to have fired 80% of Twitter’s workforce. Twitter is...
by Richard W. Rahn | Dec 5, 2022
Part of being a child is partially living in fantasyland — which makes the pain of growing up much easier. Believing in Santa Claus and the Easter Bunny brings a certain amount of joy. The Disney Corp. became very rich by catering to children’s fantasies (before it...