John Phelan joined Jon Justice this morning to chat about how Minnesota’s left lives in a fantasy land, discuss the recent shift in population growth from rural to urban areas,…
A couple of weeks ago I wrote about a new study which found that remote work is allowing people to move to cheaper, rural areas. This is behind the faster…
Economic growth Star Tribune: Minnesota med-tech startups on pace to raise more than $1B again this year Star Tribune: Minnesota factories, dealerships brace for trickle-down effects from UAW strike Twin…
John Phelan joined Jon Justice this morning to chat about how the Biden administration’s energy policies are hurting Americans and helping Vladimir Putin, discuss Gov. Walz’s hypocrisy about working from…
Yesterday, I wrote about how “supply shocks” can generate inflation independently of whatever the central bank might be doing to the money supply. A classic example is the “oil shock”…
As inflation has spiked over the last three years, I’ve often quoted the economist Milton Friedman, who argued that: Inflation is always and everywhere a monetary phenomenon in the sense…
Economic growth Minn Post: To create growth and equity, empower entrepreneurs in historically disinvested neighborhoods Star Tribune: Minnesota household income continues to decline, putting more families in need Axios: Inflation…
I have written a lot about why people decide to move from one place to another. I generally discuss taxes because, for one thing, research shows that they are one…
Back in January, the Center For Rural Policy and Development reported that: Was this a one-off or will it continue? Will the populations of “rural” counties continue to grow more…
As downtown Minneapolis struggles with crime and an exodus of businesses, those who are left are pleading with Target, a major downtown employer, to get its workers back to the…
State and local taxes and spending Star Tribune: Ramsey County proposing 6.75% property tax levy hike as part of 2024-25 budget plan MPR News: Filmmakers see expanded Minnesota tax credits…
Back in July, I asked what Minnesotans could expect to follow the state’s legalization of marijuana. Looking at the research across a range of outcomes, the answer was “Not much,”…
The idea that our state should spend, or as politicians like to say, “invest,” more of our tax dollars on childcare was not only prevalent in this year’s legislative session,…
Illinois has long been a byword for bad governance and Illinoisans have been getting out in huge numbers: in 2021-2022, the state lost 141,656 residents to other parts of the…
Last year, I wrote about a paper by economists by economists James Cloyne, Joseba Martinez, Haroon Mumtaz, and Paolo Surico which found that: A corporate income tax cut leads to a…
Most of the consequences of any action are unintended consequences. Hiking the minimum wage, for example, is intended to raise the wages of workers, but other — unintended — consequences…