Richard Rahn


Richard W. Rahn


  • Ph.D., Business Economics, Columbia University (1972).
  • Honorary Doctor of Laws, Pepperdine University (1993).
  • M.B.A., Florida State University (1964).
  • B.A., economics, University of South Florida (1963).

Source: [1]


Richard Rahn is an economist and the current chairman of the Institute for Economic Growth (IGEG). He sits on the advisory boards of numerous think-tanks and advocacy groups. Rahn is also the founder of Novecon companies, and currently sits as the chair of Novecon Financial Ltd. [2]

According to his profile at the IGEG, Rahn served for two terms (2002-2008) as the first non-Caymanian member of the Board of Directors of the Cayman Islands Monetary Authority. In the 1980s he 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 the editor-in-chief of the Journal of Economic Growth.

In 1990, Dr. Rahn founded the Novecon companies including Sterling Semiconductor (now owned by Dow Corning) and he still serves on the boards of private companies. [3]

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 served as an economic advisor to President G.H.W. Bush.

The American Council for Capital Formation (ACCP) is a DC-based free market think tank that has received over $1.6 million from oil-giant ExxonMobil.

Current board members include representatives of the Nuclear Energy Institute, American Petroleum Institute, National Association of Manufacturers, National Rural Electric Cooperative Association and the Alliance of Automobile Manufacturers.

Former board members include representatives of Texaco Oil, Enron Corp. and Potomac Electric Power Company.

Stance on Climate Change

“Despite the prediction of all the major climate models, the Earth has been getting cooler since 1998.” [4]

Key Quotes

“There is almost no agreement about the rate of [global] warming. There is also considerable disagreement about how much of the warming is man-made – by increasing CO2 emissions from burning fossil fuels – and dispute about how much of the additional CO2 will be absorbed by faster vegetation growth and the ocean…

The big question, at least for me as an economist, is whether moderate global warming will be good or bad for mankind. Most evidence strongly suggests modest global warming will be beneficial.” [5]

Key Deeds

March, 2008

Rahn was a speaker at the Heartland Institute's First International Conference on Climate Change (ICCC1). [6]



Richard W. Rahn has published some articles in economics journals, however he has never published in a peer-reviewed scientific journal in any area directly related to climate change.

Many of Rahn's articles openly denying climate change were originally published in the Washington Times.


  1. Richard Rahn,” Discovery Institute. Accessed February, 2012. Archived with WebCite February 8, 2012.

  2. About us,” Institute for Global Economic Growth. Accessed February, 2012.

  3. Richard W. Rahn, Ph.D.: Chairman,” Institute for Global Economic Growth. Accessed February, 2012.

  4. Richard W. Rahn. “Real intelligence failures,” The Washington Times, May 18, 2008. Archived with WebCite, February 8, 2012.

  5. Richard Rahn. “Who’s afraid of scientific methods?”, The Washington Times, August 20, 2005.  Archived February 8, 2012, with WebCite.

  6. ICCC1: Speakers,” International Conference on Climate Change ( Accessed February, 2012.

  7. Directors,” American Council for Capital Formation. Accessed February 8, 2012.

  8. About us,” Institute for Global Economic Growth. Accessed February, 2012.

  9. Richard W. Rahn,” Cato Institute. Accessed February, 2012.

  10. About Discovery,” The Discovery Institute. Archived September 1, 2005.

  11. Richard Rahn,” Profile at the Brussels Journal. Accessed February, 2012. Archived with WebCite February 8, 2012.

  12. Richard W. Rahn,” Center for Global Economic Growth. Archived April 10, 2007.

  13. Heartland Experts: Richard Rahn,” The Heartland Institute. Accessed February, 2012.

  14. Richard W. Rahn,” SourceWatch profile.

  15. Richard W. Rahn,” Wikipedia entry.

  16. ExxonSecrets Factsheet: Richard W. Rahn.