To think that new intervention will cure the ill effects of previous intervention is the triumph of hope over experience. At the very least, the new intervention will have unintended consequences of its own and to soothe these will require further interventions in turn....
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Should we persist with policies like increased minimum wages and 'Ban the box' laws because their intentions are noble, or do we junk them because their outcomes are harmful?...
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The point of an energy industry is to generate energy, not to generate jobs. If it was, we could hire people to stand in front of wind turbines blowing at them to make them turn faster. The effect on energy generation would be non existent but the effect on employment need only be limited by how many blowers we can fit in a field....
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Do the regulations which hold back Minnesota's craft brewers exist to protect consumers from more choice and higher quality or large competitors who can afford the lobbyists to push them?...
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All too often, the same legislators who raise taxes to discourage some behavior fail to apply this logic to other taxes. At the capitol this week, Rep. Lesch was a victim of this confusion....
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"Gotta pump those numbers up. Those are rookie numbers in this racket" - Mark Hanna...
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When it comes to tax rates, Minnesota's Democrats seem to be animated by the spirit of The Wolf of Wall Street's Mark Hanna; "Gotta pump those numbers up. Those are rookie numbers in this racket". ...
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The only way to boost wages is to boost worker productivity....
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Socialists don’t intend for socialism to be oppressive and economically inefficient, it just works out that way every single time. Why? Kristian Niemietz of the Institute of Economic Affairs explains....
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"MN jobless rate ticks up to 3.1 percent; jobs down from a year ago"; "Snow, cold wiped out nearly 9,000 Minnesota jobs last month, may signal a bigger turn"; "Aging population leaves jobs unfulfilled." These were some of the headlines last week following the release of data from the Bureau of Labor Statistics. What was behind them?...
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