Richard W. Rahn

Weighing ego and money against real science

"Science is the pursuit and application of knowledge and understanding of the natural and social world following a systemic methodology based on evidence."

June 7, 2021

When ignorant, biased ‘fact checkers’ strike

According to The Babylon Bee: "World-renowned fact-checking website Snopes has unveiled a brand new fact check rating called 'False For Now.'

May 31, 2021

Rewarding Americans to not work

Should all able-bodied adults take whatever jobs are available? At the moment, there are more job openings than there are people willing to take them.

May 24, 2021

Biden’s capital gains tax rate plan a formula for economic suicide

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.

May 17, 2021

Mainstream media misinformation and the high cost of COVID-19 ignorance

Bad perceptions can lead to very poor public policy. As reported by Health Care News, a recent poll found that young adults "

May 10, 2021

Chamber of Commerce’s misguided support of Democrats’ costly economic agenda

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.

May 3, 2021

Deadly ignorance runs afoot in the Biden administration

Yes indeed, many of our political leaders are ignorant who unnecessarily damage both our pocketbooks and even our lives.

April 26, 2021

Corporations pretending to have principles condemn Georgia voter law

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.

April 19, 2021

Joe Biden and Janet Yellen’s nutty corporate tax rate plan

In 2020, a great global pandemic not only affected people's bodies, leading to death in many of the elderly, but also caused the global political class to lose a non-negligible number of IQ points.

April 12, 2021

Biden’s proposed infrastructure spending is wasteful, destructive and corrupt

How much should the U.S. spend on infrastructure projects? President Biden has just proposed to have the government spend approximately $2 trillion dollars on "infrastructure" projects.

April 5, 2021

Americans will suffer from Biden and Democrats’ latest uninformed decisions

Why would an insurance company pay a private meteorological company a fee to provide them with information when the Weather Bureau provides the information for free?

March 29, 2021

World has paid a terrible price for the tyranny of COVID-19 ‘experts’

On average, people live longer in richer and freer countries than they do in poor ones. Knowing this, does it make sense to deliberately make a country poorer?

March 22, 2021

Latest ‘COVID relief bill’ filled with destructive and odious provisions

The new Congress seems intent on passing laws that will result in massive civil disobedience.

March 15, 2021

Heritage Foundation confirms Americans losing economic freedom

The numbers show -- feeling that you are less free is not an illusion.

March 8, 2021

Inflation cruelty and the evil capital gains tax

One needs to be very ignorant of economics or mean-spirited to think it is permissible to tax people on real wealth losses.

March 1, 2021

How an increase in inflation affects the average American

Will inflation increase, and if so, how will it affect you? The short answer is that many economists, including yours truly, expect inflation to increase.

February 22, 2021

How much should taxpayers be forced to spend to militarize D.C.?

Should taxpayers be forced to spend approximately 1 million dollars to protect each member of the House and Senate in the absence of specific threats to justify such expenditures?

February 15, 2021

The ‘non-crisis’ reality of climate change

In the next 50 years, what do you think is more likely to kill you: a pandemic; a major war, including the use of nuclear, biological or electronic weapons; the income-destroying effects of a global economic meltdown or the effects of global warming?

February 8, 2021

How ‘social justice’ stopped the Keystone XL pipeline

It is rather ironic that those most active in trying to repress the freedom of speech and thought of others are most often found in the academy, high-tech information giants, and the press.

February 1, 2021

Raising the minimum wage: The cruelest tax on job growth

It is unlikely that President Biden and his advisers dislike the young, uneducated and unskilled, but their proposal to double the minimum wage to $15 per hour is unspeakably mean.

January 25, 2021