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Richard W. Rahn
Richard W. Rahn, ekonomista. Autor teorii Rahna o ograniczonym rządzie. Opinie autora blogu nie powinny być utożsamiane z oficjalnym stanowiskiem NBP w omawianych kwestiach.
Artykuły
Obamanomics vs Reaganomics
Last Friday, it was reported that economic growth was only 2.4 percent in the second quarter of this year – far below what the Obama administration had forecast. Yet the administration and its supporters continue to be in denial about the fact that their policies are not working. Psychologists refer to the refusal to change [...]
Big government stops growth
Do you think more government spending helps economic growth or harms it? On Friday, the White House again increased its federal budget deficit forecast and reduced its economic growth forecast for 2011. It is abundantly clear that the economic program the administration and Democratic Congress instituted 18 months ago – [...]
Free market is the answer
Of all the people you know, friends, family and acquaintances, who has done the most to benefit his country and/or the world? I ask this question because here in Montenegro, there is a man who already has done much to benefit his country, and yet his real impact will not be [...]
Government employees golden dates are over
If you are an elected official, and you have to make a choice between raising taxes on your constituents or cutting the number of government employees and their salaries, what would you do? For most of the last few decades, in most places, the politicians would just raise taxes. Now that is changing, and here [...]
Tax-hikers do not think clearly as drunken drivers
If government spending is growing faster than gross domestic product (GDP), can the resulting deficit problem be solved by: (A) decreasing the rate of growth of government spending, (B) increasing tax rates, (C) decreasing the rate of growth of government spending and increasing tax rates? If you answered A, you have a strong brain and [...]
Fixing the US Economy
The U.S. has served as the primary engine of global economic growth for decades, but its recent failures now depress global growth. The Obama administration and Congress have been doing all the wrong things – but not all is lost. The forces of economic sanity seem to be making a [...]
Global debt bomb
The question is often asked: “What happens if governments continue to pile on more and more debt?” We are beginning to get an answer to that question as the markets are reacting to the Greek government’s unwillingness to make the hard choices necessary to put its fiscal house in order.
First a little background. Eurozone [...]
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