American Experiment Releases Groundbreaking New Study on the High Cost of Renewable Energy Mandates in Minnesota

American Experiment is pleased to announce we are releasing a groundbreaking new study detailing the high cost renewable energy mandates in Minnesota. On the 2018 campaign trail, many DFL candidates, including Governor Tim Walz, said they would make obtaining 50 percent of Minnesota’s electricity by 2030 a top priority in their policy platform. Now DFL’ers in Minnesota are pushing their own version of the Green New Deal, mandating that Minnesota must get 100 percent of its electricity from “carbon free” resources by 2050. Our study found that attempting to achieve a 50 percent renewable energy mandate would cost Minnesota $80.2...

Minnesota’s economic news, w/e 3/22/19

A round-up of the last week’s economic news stories in Minnesota.

(Partial) Book Review: Unprofitable Schooling

A book I am in the process of reading is doing an exceptional job of explaining the dismal reality of higher education from the perspective of both economics and history.

AMERICAN EXPERIMENT BOOK SHELF

Editorial Counterpoint: Concerns About Wind Energy Aren’t Overblown

Gov. Walz’s 100 percent carbon free energy proposal is a government-mandated wealth transfer from Minnesota families to the monopoly utilities that helped write the legislation. This is crony capitalism at its worst.

Doubling Down on Failure Installment 1: Comparing the Costs of Wind and Solar, Nuclear, and Coal

As you probably know by now, American Experiment has released a new study entitled Doubling Down on Failure, How a 50 percent by 2030 Renewable Energy Standard Would Cost Minnesota $80.2 Billion.   The study is more than 80 pages, including appendices and citations, so I will be breaking down the key findings in more manageable bites on the website. Today, I'll break down the four main energy scenarios we examined and why we chose them.

The three stages of socialism: From Brave New World to ‘It wasn’t real socialism’

In an excellent new book 'Socialism: The failed idea that never dies', Kristian Niemietz of the Institute of Economic Affairs explains the three stages of socialism, from initial, apparent success, to eventual, inevitable, failure.

Myth: Educational choice programs exacerbate racial segregation

There are numerous myths concerning educational choice programs. But in order for parents and students to make well-informed education decisions, these myths must be debunked.

Trump Mocks Wind Power: ‘When the Wind Doesn’t Blow, Just Turn Off the Television’

It's good to see President Trump calling out wind and solar for what they truly are, unreliable, expensive, and unnecessary.