We hear a lot of generalities about the potential disruption of the supply chain of goods and materials that businesses rely on to produce and market products to consumers. But…
In data released for October, Nebraska records the nation’s lowest unemployment rate, at 1.9 percent. Last week, unemployment figures also were released for the state of Minnesota, showing an unemployment…
State and local taxes and spending Pioneer Press: Adopt tax policies that attract people to Minnesota, not repel them Minn Post: Spending Minnesota’s share of the infrastructure bill is likely…
Yesterday the Minnesota Department of Employment and Economic Development (DEED) published new employment numbers showing how the Minnesota labor force fared in October. According to the data, job growth has…
Quite recently the Minnesota Department of Employment and Economic Development (DEED) released a report showing the number of job vacancies and unemployment in Minnesota. According to the report, as of…
Every year American Experiment produces a report on Minnesota’s economy. The report analyzes how Minnesota’s economy is doing both in historical terms and compared with other states. In recent years,…
Lack of high-quality affordable childcare is one of the biggest issues facing Minnesotans and the country as a whole. Parents in Minnesota pay some of the country’s highest costs for…
Labor market KNSI: How Will the Vaccine Mandate Impact an Already Tight Labor Market? KSTP: DEED reports highest number of job openings in at least 20 years Star Tribune: Study…
Prior to the passing of rent control in the Twin Cities, American Experiment published a report detailing the harmful effects of rent control and why it should not be passed.…
Over the last few years, I have written a fair bit about the minimum wage hikes in the Twin Cities of Minneapolis and St. Paul. Simply put, all a minimum…
Earlier today, the Bureau of Labor Statistics (BLS) released the newest update on inflation for the month of October. According to the new numbers, over-the-year inflation, i.e., October 2020 to…
Xcel Energy recently requested approval to increase electricity rates from the Minnesota Public Utilities Commission (PUC). This rate increase, if approved by the PUC, would increase residential customer bills by…
Over the weekend, the Star Tribune reported the following, Less than 24 hours after St. Paul voters approved one of the country’s most stringent rent control policies, Nicolle Goodman’s phone…
State and local taxes and spending Star Tribune: White House promises array of benefits for Minnesota in latest Build Back Better framework Labor market Star Tribune: Job vacancies in Minnesota…
Forget about whether the kids will get what they want from Santa next month — many toys and other products in limbo due to a shortage of shipping containers and…
Good news: Minneapolis residents on Tuesday voted no on the proposal to defund its Police Department. Unfortunately, both Minneapolis and St. Paul residents voted yes on the proposals to enact…
If you live around the Twin Cities area, chances are you have seen the ad with a rich corporate landlord urging you to vote no on the rent control ballot…
Economic development Bemidji Pioneer: Other View: Thanks to Line 3, a windfall was felt by some Minnesota communities this summer Grand Forks Herald: Airports in North Dakota, Minnesota look toward…
In the market, prices are determined by the actions of buyers and sellers. In economics, this process is illustrated by the demand-supply curve. The demand curve has a downward slope…
Earlier today, President Joe Biden presented an updated version of his trimmed-down Build Back Better spending plan. The plan, which originally proposed $3.5 trillion spending on numerous government projects has…
I wrote recently that slashed growth forecasts showed that inflation isn’t rising because the economy is booming. Members of the Biden administration have blamed rising consumer prices on the economy’s…
Generally, economic theory and evidence have no support for any kind of price control that seeks to limit individuals from engaging in mutually beneficial transactions. But going beyond the basics,…
Minnesota should learn from California’s failed rent control policies that exacerbated housing shortages Center of the American Experiment issued a timely report on the ineffectiveness of rent control policies as…
Minnesota’s high tax burden is the top reason more people leave the state each year than choose to move here. It’s a costly problem.