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.
Economists agree; rent control is a bad policy. In 1992, when economists were polled on whether rent control reduces the supply of housing, 93 percent agreed. Similarly, in a 2012…
Consequences eclipse good intentions or favorable PR.
Labor market Kare 11: Retailers ramp up hiring for the holiday shopping season KEYC: Childcare shortage impacts southern Minnesota families, economy Bemidji Pioneer: Minimum wage set to increase 2.5% as…
On Nov. 1, residents of St. Paul and Minneapolis will vote on whether to give local bureaucrats the power to limit the rates at which landlords can raise their rents.…
One of the biggest decisions that parents have to make is how to raise their young kids. While it may not look like it, there is variation in child-rearing preferences…
As taxes skyrocket, quality of life plummets.
Last week, the Financial Times reported: The pace of US consumer price growth pushed higher in September, hovering at a 13-year high as inflationary pressures drove up the cost of…
The September jobs report was disappointing. According to the Bureau of Labor Statistics (BLS), the nation only added 194,000 jobs. Not only that, but the Labor force participation rate has…
State and local taxes and spending KSTP: State of Minnesota considering ways to cover unemployment fund debt Hometown Focus: Minnesota counties receive $36.3 million in PILT revenue Labor market KAAL…