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Richard W. Rahn

Richard W. Rahn

Richard W. Rahn is a senior fellow at the Cato Institute and chairman of the Institute for Global Economic Growth.

Articles by Richard W. Rahn

Illustration by Mark Weber

The global monetary disaster

We are in the early stages of a global money meltdown. The money meltdown, mainly stemming from governments spending and borrowing irresponsibly, has been underway for some time. Published April 11, 2022

Pekid Putin Illustration by Greg Groesch/The Washington Times

What is Putin’s life expectancy?

Many of the world's political leaders and even some of the business leaders who should know better seem to have forgotten "stage two." Published April 4, 2022

This coveted space is effectively shrinking, however, because economic articles are exploding in size. According to an academic study, the median length of an article in five of the nation's most prestigious economic journals has tripled since the 1970s, when thinkers such as Milton Friedman were revolutionizing the discipline. (AP Photo/Eddie Adams, File)

Economists are strange people

Would you take a college seriously if some geography department professors argue that the world was flat? Published March 28, 2022

George Washington the Patriot Illustration by Greg Groesch/The Washington Times

What would George Washington have done?

George Washington, whose 290th birthday we are now celebrating, is often and probably correctly viewed as the "indispensable man" of the American Revolution more than any of the American Founders. Published February 21, 2022

Burning Money over Inflation Illustration by Greg Groesch/The Washington Times

The curse of inflation

This past week, the Bureau of Labor Statistics reported that consumer prices rose by seven percent during this past year, the highest in 40 years. Published January 17, 2022

FILE - Russian President Vladimir Putin addresses an extended meeting of the Russian Defense Ministry Board at the National Defense Control Center in Moscow, Russia, Dec. 21, 2021. Putin has described the Soviet collapse as "the greatest geopolitical catastrophe of the 20th century." Speaking at his annual news conference, Putin held Soviet founder Vladimir Lenin responsible for handing Russian lands to Ukraine, helping "create a country that had never existed before." (Mikhail Tereshchenko, Sputnik, Kremlin Pool Photo via AP, File)

Why is Putin threatening Ukraine?

Ukraine is much smaller than Russia in geography, population, per capita economic wealth and military power. Published December 27, 2021

FILE - Federal Reserve Board Chair Janet Yellen, second from left, oversees an open meeting of the board with board members; Vice Chair Stanley Fischer, Yellen, Daniel Tarullo, Jerome Powell, and Lael Brainard, in Washington, Thursday, Dec. 15, 2016. President Joe Biden announced Monday, Nov. 22, 2021 that he’s nominating Powell for a second term as Federal Reserve chair, endorsing his stewardship of the economy through a brutal pandemic recession in which the Fed’s ultra-low rate policies helped bolster confidence and revitalize the job market. Biden also said he would nominate Brainard, the lone Democrat on the Fed’s Board of Governors and the preferred alternative to Powell for many progressives, as Vice Chair. (AP Photo/Cliff Owen, File)

Team Biden is killing the economy

Inflation comes from one source -- and that source is incompetent and politically driven government officials and bureaucrats who, through overregulation and taxation, drive up the cost of most everything. Published December 13, 2021

Artificially Inflated GDP Illustration by Greg Groesch/The Washington Times

How big can government get?

The socialists and communists explicitly say they want bigger government, while most free-market and libertarian-leaning people claim they want smaller government. Published December 6, 2021