As the economist Assar Lindbeck put it, "In many cases rent control appears to be the most efficient technique presently known to destroy a city—except for bombing."...
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The “gender wage gap” is as real as unicorns and has been killed more times than Michael Myers....
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In their write up of our new report The State of Minnesota’s Economy: 2018, the Pioneer Press gets the distinction between per capita and per worker numbers badly wrong....
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Yesterday, we released our new report The State of Minnesota’s Economy: 2018. After finding Minnesota's economic performance to be 'lackluster' last year, we had to raid the thesaurus again. Our state's economic performance continues to be unimpressive. Furthermore, looking at key drivers of future growth, there is cause for concern. ...
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Howard Baetjer illustrates the harmful effects of economic regulations and argues that we ought to instead prefer economic liberty....
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Howard Baetjer argues that the incentives inherent in market institutions outperform the incentives inherent in state institutions in getting people to properly consider the well-being of others when they act....
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The trial-and-error based profit and loss mechanism, says Howard Baetjer, is an indispensable tool for guiding discovery and innovation in the economy....
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Continuing his discussion of prices, Howard Baetjer explains what can go wrong when outside interference prevents genuine market prices from emerging. ...
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Prices, explains Howard Baetjer, are a powerful tool for getting people the knowledge they need to cooperate with one another in the market....
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Having discussed supply and demand separately, Howard Baetjer explains how, together, they describe the way markets operate....
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