by Richard W. Rahn | Jan 30, 2023
“Note: This column was written by an actual person and not an artificial intelligence program.” Such disclaimers might well become common in the near future — with the advent of Open-AI’s ChatGPT, which can write essays or even term papers. Robots are rapidly taking...
by Richard W. Rahn | Jan 23, 2023
What happens to a family whose yearly spending rises faster than its income? A painful day of reckoning arrives, requiring drastic cuts in its spending or a declaration of bankruptcy. What happens to a business whose debt burden grows to the point where the interest...
by Richard W. Rahn | Jan 16, 2023
NO LOCKDOWNS, EVER AGAIN The pandemic-induced “lockdowns” were a huge mistake. There has been an enormous surge in excess deaths since the advent of COVID-19, but fewer than half of these excess deaths are due directly to COVID-19, except among the elderly. According...
by Richard W. Rahn | Jan 9, 2023
In June 2021, a 12-story beachfront condominium in the Miami suburb of Surfside, Florida, collapsed without warning, causing the deaths of 98 people. It made headlines around the world for weeks, because the event was so rare. Mankind has been constructing multi-story...
by Richard W. Rahn | Jan 3, 2023
THE RISE AND FALL OF EMPIRES The history of the world is in good part the history of the rise and fall of empires. The USA (American) empire is the latest, and even though it is only a little more than 200 years old, it is already showing signs of decay, which may be...
