Richard Rahn

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Economic Liberty and Islam

Original Article DOHA, Qatar. Is there something inherent in Islam that has resulted in most Muslims living in poor countries, with the exception of the relatively few who live in the oil rich states? This was just one of the questions a group of American and Islamic scholars and experts were trying to answer in Doha, Qatar, last week. Qatar Read More ›

The Age of Reason?

Do you believe only those who consent through their elected representatives should be taxed? Do you think it improper for government to push tax rates so high tax revenues decline, because people aren’t willing to work, save and invest as much as before? Do you think it is improper for government to make someone else, such as an employer or Read More ›

The Imperial Congress

Quiz: How much to you think it costs U.S. taxpayers annually to support each member of the U.S. House of Representatives? Each senator? Well, according to the new U.S. budget, you, Mr. and Mrs. Taxpayer, spend $3.1 million to support each House member and $9 million to support each senator. Back in 1963 when John F. Kennedy was president, the Read More ›

Regulating the Unknown

What is a “hedge fund”? If you have trouble answering the question, you are not alone, because the term is commonly used to describe many types of pooled investments that may have little in common with each other. Despite the lack of agreement about what is meant by the term hedge fund, some politicians, commentators and financial regulators now advocate Read More ›

Collapsing Venezuela

If Venezuelan President Hugo Chavez deliberately intended to sabotage his nation’s economy, he would be hard-pressed to do anything different from what he is now doing to his country. It has been widely reported that Mr. Chavez has been increasingly taking control of the oil, telecommunications and energy sectors, as well as the media. What has not been reported is Read More ›

Tax Thralldom Network

This is a story about an international organization — The Tax Justice Network (TJN) — that advocates higher taxes, yet flies under the false label of “tax justice.” Its odd concept of tax justice includes: Increasing taxes on savings and productive investment, which will destroy jobs and economic opportunity. Demanding that more efficient and less corrupt governments increase their taxes Read More ›

Who Spends Your Money Better?

For charitable and educational spending, do you think you or the government can make a wiser decision on how your money should be spent? The question is important because Congress will soon again debate whether to abolish the estate and gift tax. The advocates for keeping the estate and gift tax are the normal big government types with socialist leanings, Read More ›

A Worthy Presidential Legacy

It is hard to get there if you don’t know where you want to go. Despite the Democrats gaining control of Congress and his own previous mistakes, President Bush still has the opportunity to leave a constructive economic legacy, but to do so he must first clearly define his goals and determine what is realistically doable. Over the last couple Read More ›

Avoiding a Thirty Years War

Will the entire Middle East descend into chaos? On Dec. 16, David Brooks, writing in the New York Times, presented a scenario whereby the Middle East became engulfed in a series of regional wars, resulting in the fall of most of the existing states and something close to anarchy in much of the region. His column has caused considerable comment Read More ›

Kosovo: Eternally Dependent?

PRISTINA, Kosovo. — This small European nonstate tucked between Albania, Serbia, Montenegro and Macedonia is a living testament to the inability of the U.N. to solve problems. As some will recall, eight long years ago NATO and the U.N. intervened to stop the war between Serbia and its province of Kosovo, largely inhabited by people of Albanian origin (more than Read More ›