Newsmax RSS FeedWed, 22 May 2013 10:42:18 EDTEvery few years, at least from the time of President Franklin D. Roosevelt, there is a scandal involving abuse of power at the Internal Revenue Service. We are again in the midst of one of these periodic abuse scandals.Wed, 15 May 2013 10:46:14 EDTHow many new immigrants should the United States allow each year? How many guest workers? These are not easy questions, which is why there is as much fierce debate within the two parties as between them.Wed, 08 May 2013 11:04:47 EDTThere is considerable evidence that drinking one glass of red wine per day for most middle-aged men has more health benefits than costs. There is also considerable evidence that drinking three or more glasses of wine per day causes more health problems than benefits.Wed, 01 May 2013 12:00:35 EDTAs a mental challenge, try to think of all of the governmental activities — federal, state, and local — that could be privatized. Now, go a step further.Wed, 24 Apr 2013 11:45:59 EDTShould Americans be spending more on public security, or less? After a week of two horrific events, the Boston Marathon attack and the Texas fertilizer-plant explosion, most would probably answer the above question by saying, "We're not spending enough."Wed, 17 Apr 2013 13:30:24 EDTThe great tragedy of our time is that so few know economic history; thus we have been doomed to repeat the mistakes of a generation ago, and millions suffer.Tue, 09 Apr 2013 10:50:59 EDTDo you think you receive fair value for the money you spend on taxes? The fact is you don't, because there is excessive corruption in both the way your tax money is collected and in the way it is spent. Tue, 02 Apr 2013 18:18:14 EDTRichard Rahn's Perspective: It’s hard for believers to admit they’re wrong.Wed, 27 Mar 2013 11:28:17 EDTThere has been global outrage about the proposal from the Cyprus government to have a significant one-time tax on those who have deposits in Cypriot banks. It has been correctly called a theft of private capital.Thu, 21 Mar 2013 11:28:32 EDTWhich country will serve as the trigger for the next financial crisis? Given the continuing rise in debt-to-gross domestic product (GDP) ratios in many countries, it is apparent that a new financial crisis will occur.Tue, 19 Mar 2013 10:05:30 EDTPerhaps the most troublesome question that investors and business decision makers confront today is: “When will significant inflation and interest rate increases show up?” The next quarter, the next year, the next decade? Tue, 12 Mar 2013 12:28:44 EDTThe head of the Obama White House National Economic Council, Gene Sperling, who is a lawyer, has been claiming that "all economists" agree that sequestration will cost 750,000 jobs. I am an economist with a doctorate from Columbia University, and I don't agree.Wed, 06 Mar 2013 12:35:28 EDTIt is estimated that up to a quarter of all American households still owe more on their mortgages than their homes are worth. Many of these people have been able to refinance their home loans with much lower interest rates, but that does not solve the problem.Tue, 26 Feb 2013 11:24:32 EDTCan you name the worst tax? In recent weeks, there have been a slew of articles in major publications about how many multinational corporations have found legal ways to reduce their tax burdens by running some of their operations through low-tax jurisdictions.Wed, 20 Feb 2013 09:45:56 EDTAn upside down world. Here I am, in my London hotel room, watching an English-language financial program being broadcast from Moscow on RT (Russian TV). The program host is correctly berating the heads of the major Western central banks for acting like socialists.Tue, 12 Feb 2013 11:40:01 EDTFor at least the last 2,500 years, from the time of the Athenian republic, fragile islands of freedom have been under attack. Unfortunately, nothing has changed, except now some of the aggressor states cloak themselves in the mantle of compassionate democratic countries.Wed, 06 Feb 2013 11:33:27 EDTWhat do you do if the facts don't support your beliefs? If you are honest, you will rethink what you previously believed. If you are a Keynesian economist, though, like New York Times columnist Paul Krugman, you make silly assertions.Thu, 31 Jan 2013 12:11:01 EDTDid you know that there are more than 6,000 think tanks globally, and about 2,000 in the United States? In the past two weeks, two major rankings of think tanks have been released.Tue, 22 Jan 2013 15:22:17 EDTThe current debate about the debt vote is minor league compared to what will happen when the government literally cannot spend more than it is taking in. That time may be nearer than you think.Tue, 15 Jan 2013 17:52:00 EDTWill 2013 be a better year? A number of economic commentators have been saying the worst is behind us. I think they are wrong, and here is why.