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...
by Richard W. Rahn | Apr 27, 2021
Yes indeed, many of our political leaders are ignorant who unnecessarily damage both our pocketbooks and even our lives. The Biden administration has just lifted the 11-day “pause” on the use of the Johnson & Johnson COVID-19 vaccine. Approximately 7 million...
by Richard W. Rahn | Apr 20, 2021
Last week, an ad appeared in The New York Times, The Wall Street Journal and perhaps elsewhere, “signed” by 100 companies and several thousand individuals. The ad was titled: “We stand for democracy” as if that statement required great courage. The operative sentence...
