Richard W. Rahn

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Richard H. Rahn is an "economic columnist, public policy executive, and business entrepreneur. His current public policy activities include serving as a member of the Board of Directors of the Cayman Islands Monetary Authority (which regulates the world's fifth largest financial center), as a senior fellow of the Discovery Institute, and as an adjunct scholar at the Cato Institute." [1]

Rahn is "director general of the Center for Global Economic Growth, a project of the FreedomWorks Foundation." [2] He is also an Adjunct Scholar at the Cato Institute.


His Cato Institute profile states that: "In the 1980s, Dr. Rahn served as 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 as the editor-in-chief of the Journal of Economic Growth. Previously, he was the Executive Director of the American Council for Capital Formation. He has advised senior government officials on tax and monetary policy matters in a number of countries, including Russia, Estonia, and Hungary. He served as the U.S. co-chairman of the Bulgarian Economic Growth and Transition Project in 1990. In 1982, President [Ronald] Reagan appointed Dr. Rahn as a member of the Quadrennial Social Security Advisory Council. During the 1988 Presidential campaign, he served as an economic advisor" to President George H.W. Bush.

"Dr. Rahn is the founder of the Novecon companies, which include Sterling Semiconductor (now owned by Dow Corning), and Novecon Financial Ltd. which he still chairs. In the 1970's he was the Washington economic consultant for the New York Mercantile Exchange.

"He taught at Florida State University (and at their US Air Force program), George Mason, George Washington, and Rutgers Universities; and at the Polytechnic University of New York, where he served as head of the graduate Department of Management.

"Dr. Rahn is a member of the Mont Pelerin Society. He serves as a member of the Board of: the American Council for Capital Formation, the Small Business Survival Committee, the Southeastern Legal Foundation, and the Institute for Research on the Economics of Taxation. In addition, he serves as a member of the Board of Visitors of the Pepperdine University School of Public Policy.

"Dr. Rahn has written hundreds of articles for newspapers and magazines such as the Wall Street Journal, the Washington Times, the New York Times, American Spectator and the Weekly Standard, and has contributed to numerous books and professional journals. As an economic commentator, he has appeared on such programs as the Today Show, Good Morning America, Wall Street Week, MacNeil-Lehrer Newshour and Crossfire, and was a weekly commentator for Radio America. He is the author of the book The End of Money and the Struggle for Financial Privacy (Discovery Institute Press, 1999), and has testified before the U.S. Congress on economic issues more than seventy-five times.

"Dr. Rahn earned his B.A. in economics at the University of South Florida (1963) from which he received the 'Distinguished Alumnus Award,' an M.B.A. from Florida State University (1964), and a Ph.D. in business economics from Columbia University (1972). He was awarded an honorary Doctor of Laws by Pepperdine University (1993)."

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  1. Directors, American Council for Capital Formation, accessed May 9, 2010.