by Richard W. Rahn | Oct 16, 2018
All of us are subject to many thousands of federal, state, and local laws and regulations, many of which are needlessly oppressive. Who makes these rules, and who enforces them? And at what point are there so many rules that we are no longer free? James Madison, the...
by Richard W. Rahn | Oct 9, 2018
Edinburgh, Scotland This historic and most interesting city has never looked better, even during its earlier pre-eminence in the late 1700s when Adam Smith lived and died here. The current economy is largely based on financial services, research and tourism — all of...
by Richard W. Rahn | Oct 2, 2018
Las Palmas, Canary Islands This small group of volcanic islands off the African coast is one of the more interesting places on Earth with almost ideal temperatures. The name comes from the Latin, meaning islands of the dogs, not the birds. The Spanish gained control...
by Richard W. Rahn | Sep 25, 2018
Montreal, Canada Good news — the United States is becoming a bit more economically free. The “Economic Freedom of the World 2018 Annual Report,” published by the Fraser Institute of Vancouver, Canada, and co-operating think tanks around the world, is released today....
by Richard W. Rahn | Sep 18, 2018
Many problems exist because the activity is mispriced and/or the key decision makers lack the proper incentives. Argentina is going through another financial crisis which occurs almost like clockwork every few years. The country spends more than it receives in taxes;...
