Richard W. Rahn
is an economist, syndicated columnist, and entrepreneur. Currently he is Chairman of Improbable Success Productions and the Institute for Global Economic Growth. He also writes a syndicated weekly economic column which is published in The Washington Times, Real Clear Markets and many other places.
Dr Rahn served for two terms (2002-2008) as the first non-Caymanian member of the Board of Directors of the Cayman Islands Monetary Authority, which regulates the world’s largest offshore financial center. In the 1980s, Dr. Rahn was the Vice President and Chief Economist of the Chamber of Commerce of the United States, Executive Vice President and Board member of the National Chamber Foundation, and was the editor-in-chief of the Journal of Economic Growth. Previously, he was the Executive Director of the American Council for Capital Formation. In 1990-1991, he served as the U.S. co-chairman of the Bulgarian Economic Growth and Transition Project. In 1982, President Reagan appointed Dr. Rahn as a member of the Quadrennial Social Security Advisory Council. During the 1988 Presidential campaign, he was an economic advisor to President G.H.W. Bush.
In 1990, Dr. Rahn founded the Novecon companies, which included Novecon Financial Ltd., Novecopter, and Sterling Semiconductor (now owned by Dow Corning).
Professor Rahn has taught at Florida State, George Mason, George Washington, and Rutgers Universities, at the Institute of World Politics, and the Polytechnic University of New York, where he was head of the graduate Department of Management. He also was an instructor for the U.S. Air Force and the Washington economic advisor for the New York Mercantile Exchange.
Dr. Rahn is a member of the Mont Pelerin Society, and is a member of the board of: the American Council for Capital Formation and the Small Business & Entrepreneurship Council and the editorial board of the Cayman Financial Review. He has served as a senior fellow at the Cato Institute, the Hudson Institute, and the Discovery Institute; as a visiting fellow at the Heritage Foundation; and as a National Executive Director of the Ripon Society.
Dr. Rahn has written more than a thousand articles for newspapers, magazines, and professional journals, including the Wall Street Journal, The New York Times, USA Today, Forbes, The American Spectator, The Weekly Standard, National Review, and The National Interest. He is the author of the book The End of Money and the Struggle for Financial Privacy (1999). As an economic commentator, he has appeared on such programs as the Today Show, Good Morn