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<title>Richard W. Rahn (Author at The Cato Institute)</title>
<atom:link href="http://www.cato.org/rss/author.xml?auth_id=222/" rel="self" type="application/rss+xml" />
<link>http://www.cato.org/people/richard-rahn</link>
<managingEditor>amast@cato.org (Andrew Mast)</managingEditor>
<description>
The Cato Institute seeks to broaden the parameters of public policy debate to allow consideration of the traditional American principles of limited government, individual liberty, free markets and peace. Toward that goal, the Institute strives to achieve greater involvement of the intelligent, concerned lay public in questions of policy and the proper role of government.
</description>
<language>en-us</language>

<item>
				<title>Intellectual And Policy Corruption (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=14081</link>
				<description><![CDATA[Government corruption can take many forms. Last week, most of those forms could be seen in the actions of the Obama administration &#8212; everything from government officials taking simple bribes, to covering up wrongdoing, to using taxpayer money to pay off political supporters, to using governmen...]]></description>
				<pubDate>Mon, 06 Feb 2012 00:00:00 EST</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=14081</guid>
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				<title>Obama's Odd Sense of Fairness (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=14061</link>
				<description><![CDATA[President Obama keeps demanding that the rich pay more because &#8220;it is only fair.&#8221; In his State of Union address, he said millionaires should pay a minimum of 30 percent of their income in taxes. The 30 percent number seems to have come from divine inspiration rather than an exercise in l...]]></description>
				<pubDate>Mon, 30 Jan 2012 00:00:00 EST</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=14061</guid>
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				<title>Merchants of Misinformation (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=14040</link>
				<description><![CDATA[Last week, ABC News ran a story that led with the statement, &#8220;Mitt Romney has millions of dollars of his personal wealth in investment funds set up in the Cayman Islands, a notorious Caribbean tax haven.&#8221; What the reporters failed to mention was that ABC, a unit of the Disney Corp., also...]]></description>
				<pubDate>Mon, 23 Jan 2012 00:00:00 EST</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=14040</guid>
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				<title>Tale of Two Small Countries (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=14015</link>
				<description><![CDATA[Cayman is rich, and Belize is poor. Why? Both are small Caribbean countries with the same climate and roughly the same mixed racial heritage, and both were English-speaking British colonies. Belize (the former British Honduras) received its independence in 1981, while Cayman is still not fully indep...]]></description>
				<pubDate>Mon, 16 Jan 2012 00:00:00 EST</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=14015</guid>
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				<title>Snooker -- Democrats' Favorite Pastime (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=14002</link>
				<description><![CDATA[Despite pledges to cut spending by the new Republican House majority, it appears spending during the current fiscal year, which ends on Sept. 30, will actually be greater than in fiscal 2011. The House Republicans were filled with good intentions, but they got snookered by President Obama and Senate...]]></description>
				<pubDate>Mon, 09 Jan 2012 00:00:00 EST</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=14002</guid>
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				<title>Purveyors of Financial Destruction (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13974</link>
				<description><![CDATA[On Dec. 28, the Financial Times announced, &#8220;China has again outshone the U.S. as the top venue for initial public offerings.&#8221; How is it that since 2008, a self-proclaimed communist country raises more capital and has more new firms going public than the great bastion of free-market capit...]]></description>
				<pubDate>Mon, 02 Jan 2012 00:00:00 EST</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13974</guid>
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				<title>Good News for the New Year (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13954</link>
				<description><![CDATA[Even though some are predicting the end of the world in 2012, there is a possibility it could turn out better than 2011 (a low bar). Many people who are not part of the political class continue to advance civilization and make things better for us &#8212; like the late Steve Jobs.

Dr. Ito Briones...]]></description>
				<pubDate>Wed, 28 Dec 2011 00:00:00 EST</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13954</guid>
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				<title>Government Spending Jobs Myth (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13945</link>
				<description><![CDATA[Do increases in government spending increase or decrease the number of jobs? Conventional wisdom is they will increase jobs, and a few left-wing economists, such as Paul Krugman of the New York Times, frequently are trotted out by reckless politicians and some in the news media to argue that we need...]]></description>
				<pubDate>Mon, 19 Dec 2011 00:00:00 EST</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13945</guid>
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				<title>How the Debt Crisis Will End (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13930</link>
				<description><![CDATA[It became increasingly clear last week how the debt crisis will end &#8212; and it is not going to be comfortable. The latest phony solution is for the large, "responsible" countries to demand more fiscal responsibility from the smaller and purportedly "less responsible" countries. In Europe, German...]]></description>
				<pubDate>Tue, 13 Dec 2011 00:00:00 EST</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13930</guid>
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				<title>Democracy versus Bureaucracy (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13915</link>
				<description><![CDATA[The financial crisis in Europe has resulted in the appointment of new prime ministers in both Greece and Italy, in reality, by the Germans and French, rather than through the ballot box in Greece and Italy. This raises the question, "Is it possible to have both a bureaucratic welfare state and a dem...]]></description>
				<pubDate>Mon, 05 Dec 2011 00:00:00 EST</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13915</guid>
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				<title>High-Tax Advocates Are Either Credulous or Envious of Wealthy (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13892</link>
				<description><![CDATA[President Obama said last week that we need to increase tax rates on the wealthiest Americans to obtain an extra $100 billion in tax revenue, and he blamed the failure of the supercommittee on the unwillingness of the Republicans to increase tax rates. Do you agree?

If you think increasing tax ra...]]></description>
				<pubDate>Mon, 28 Nov 2011 00:00:00 EST</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13892</guid>
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				<title>Making Money Disappear (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13878</link>
				<description><![CDATA[The major world governments are in the process of destroying the value of the money their citizens hold. On Nov. 16, the Cato Institute held its annual monetary conference. Speakers included high-ranking officials from the Federal Reserve and monetary experts from the academy, think thanks and finan...]]></description>
				<pubDate>Tue, 22 Nov 2011 00:00:00 EST</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13878</guid>
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				<title>Rich China, Poor China (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13862</link>
				<description><![CDATA["Air in many China cities remains highly polluted." No, this is not a headline in the Onion (satirical newspaper), but the front-page lead headline in the Shanghai Daily on Nov. 8. Shanghai is a city of 23 million people, which at first glance appears to be, perhaps, the most modern city on the plan...]]></description>
				<pubDate>Tue, 15 Nov 2011 00:00:00 EST</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13862</guid>
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				<title>Joining the Chorus for Tax Cooperation (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13832</link>
				<description><![CDATA[How much pressure would it take before you would sell out your intellectual integrity? Those who are given responsibilities for developing and promoting sound public policy are subject to never-ending pressure by those in the political class to serve them rather than the public.

An extraordinaril...]]></description>
				<pubDate>Tue, 08 Nov 2011 00:00:00 EST</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13832</guid>
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				<title>William Niskanen, Wise and Principled (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13815</link>
				<description><![CDATA[If only we had followed his recommendations, the United States and the rest of the world would not be in the present mess. On Oct. 26, the world lost one of its wisest, most competent and principled economists, William Niskanen. Bill did his undergraduate work at Harvard and earned a doctorate from ...]]></description>
				<pubDate>Wed, 02 Nov 2011 00:00:00 EDT</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13815</guid>
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				<title>Abolish Central Banks (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13798</link>
				<description><![CDATA[Should the Federal Reserve be abolished as Rep. Ron Paul and others have demanded? The Republican presidential candidates have agreed that they would like to replace Ben S. Bernanke as chairman of the Fed, and many have been equally critical of former Fed Chairman Alan Greenspan. The view that both ...]]></description>
				<pubDate>Tue, 25 Oct 2011 00:00:00 EDT</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13798</guid>
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				<title>When Will Your Time Come? (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13776</link>
				<description><![CDATA["Real per capita incomes stagnate, and it may be many years before we see any recovery," the headlines say. Yes, it is true that for decades, most Americans experienced a rise in their real income after inflation of a little more than 2 percent per year and that now the average American is experienc...]]></description>
				<pubDate>Tue, 18 Oct 2011 00:00:00 EDT</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13776</guid>
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				<title>Unthinking Financial Regulators (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13758</link>
				<description><![CDATA[Imagine what life would be like if you did not have a bank account and a credit or debit card. It would be much harder to pay your bills, take trips on airlines, which normally require a credit or debit card, and receive payments, just to start. The shocking thing is that more than one-quarter of al...]]></description>
				<pubDate>Tue, 11 Oct 2011 00:00:00 EDT</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13758</guid>
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				<title>Thoughts on Liberty (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13738</link>
				<description><![CDATA[How free is Turkey? Turkey is almost entirely Muslim but lacks most of the repressive characteristics of many of the Arab Muslim countries. It has a largely free market with a high rate of economic growth. But it ranks in the middle among other countries in terms of economic freedom and per capita i...]]></description>
				<pubDate>Tue, 04 Oct 2011 00:00:00 EDT</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13738</guid>
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				<title>Obama's Tax Falsehoods (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13711</link>
				<description><![CDATA[Mr. President, what is the maximum rate of tax you think any American should be forced to pay? I asked those in the White House press office this question last week, and I have yet to receive an answer. I am willing to bet they will never give me or any other American the number.

In last week's c...]]></description>
				<pubDate>Tue, 27 Sep 2011 00:00:00 EDT</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13711</guid>
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				<title>Stealth Wealth Tax (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13689</link>
				<description><![CDATA[The stealth wealth tax may be the single-largest tax ever imposed on the American people, yet virtually no one knows about it. What is particularly unconscionable about this tax is that it has been imposed upon the most responsible citizens and the elderly in a most disproportionate way, and the rea...]]></description>
				<pubDate>Tue, 20 Sep 2011 00:00:00 EDT</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13689</guid>
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				<title>Devoid of Reality (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13664</link>
				<description><![CDATA[President Obama's speech this past week should have been labeled, "Believe what I say, not what I do." All too much of the speech was devoid of reality. At one point he said, "And I agree there are some rules and regulations that put an unnecessary burden on businesses at a time when they can least ...]]></description>
				<pubDate>Tue, 13 Sep 2011 00:00:00 EDT</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13664</guid>
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				<title>Jobs-Creation Lesson from the Past (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13642</link>
				<description><![CDATA[The Obama administration and others on the left seemed to be stunned when the Bureau of Labor Statistics reported no new net jobs last month. When President Obama makes his "jobs speech," the American people will see whether he and his advisers have learned anything from the three years of Obamanomi...]]></description>
				<pubDate>Wed, 07 Sep 2011 00:00:00 EDT</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13642</guid>
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				<title>Growing the Economy for Dummies (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13627</link>
				<description><![CDATA[Did you know that in Denmark, the poorest 30 percent pay 14.1 percent of all taxes and the richest pay 48.7 percent, while in the United States, the poorest 30 percent pay just 6.1 percent of all taxes and the richest 30 percent pay a whopping 65.3 percent? The surprising thing is not that the riche...]]></description>
				<pubDate>Wed, 31 Aug 2011 00:00:00 EDT</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13627</guid>
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				<title>Empower the Regulated (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13602</link>
				<description><![CDATA[It is widely recognized that excessive regulation is unnecessarily killing jobs. The question has been what to do about it. President Obama may inadvertently have helped lead to a solution in his debate last week with an Iowa farmer who was complaining about excessive costly regulation. In his reply...]]></description>
				<pubDate>Tue, 23 Aug 2011 00:00:00 EDT</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13602</guid>
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				<title>Time for a Constitutional Fix (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13579</link>
				<description><![CDATA[Can an amendment to the U.S. Constitution fix the deficit problem? Polls show most Americans think we need a balanced-budget amendment. Yet serious scholars of the issue understand that the deficit is merely a symptom of the problem; people want more benefits from government than they wish to pay fo...]]></description>
				<pubDate>Tue, 16 Aug 2011 00:00:00 EDT</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13579</guid>
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