Minnesota’s Economic News – W/E 10/2/20
A round-up of the last week’s economic news stories in Minnesota.
A round-up of the last week’s economic news stories in Minnesota.
Since 2019, 10 states have enacted major occupational licensing reforms enabling more freedom in their economies. This a good sign that states are recognizing the harmful effects that occupational licensing…
Since the fourth quarter of 2019, GDP has fallen by 10.1% nationally and by 10.6% in Minnesota, making us the 32nd worst hit state.
A newly published study, which quantifies the relationship between poverty and economic freedom, found evidence showing that increasing levels of freedom are associated with lower levels of poverty. This is…
As the state looks to a post-Covid-19 future, what economic policies can help us get back on our feet?
The new Survey on Consumer Finances data shows that what helps low-income earners more than anything else is a strong and growing economy.
A round-up of the last week’s economic news stories in Minnesota.
While it is clear that the coronavirus pandemic has significantly impacted businesses, especially small businesses, it will be a long time before society can understand the full effect that the…
A group called of wealthy individuals called Patriotic millionaires has joined forces with other groups like Oxfam, Tax Justice, and many others, and is backing an ongoing project called “Millionaires…
When it comes to solving the affordable housing crisis, legislators most often exclusively suggest increased funding or rent control. What they seem to ignore, however, is that the housing market…
A round-up of the last week’s economic news stories in Minnesota.
It is safe to say that the coronavirus pandemic might offset some of the gains that the country has made. But regardless of that, the Census Bureau numbers point to…
Capacity limits for restaurants and bars have made it harder for establishments to operate, let alone make a profit. But things could get even worse if these rules persist through…
The coronavirus has exacerbated the already existent childcare crisis in Minnesota. To rebuild capacity, legislators should focus on repealing laws that increase costs for providers and make it harder for…
A round-up of the last week’s economic news stories in Minnesota.
A round-up of the last week’s economic news stories in Minnesota.
Apple, Google, and Amazon are big companies, whose services are constantly in high demand. For as long as this holds true, economic theory dictates that these corporations will likely respond…
The hospitality industry has greatly suffered from the shutdown. Now is the time for businesses in the industry to gain lost ground before it is too late. A lot of…
When rents rise we often hear people call for rent control - price ceilings. Now that they are falling will we hear people call for rent controls to enact price…
Zoom has seen tremendous growth in revenue due to an increase in the number of people using its video calling software during the shutdown. During the second quarter, Zoom saw…
Can you imagine what the lockdown would have been like without Amazon? That is the essence of free market capitalism: you make a profit by providing a good or service…
A round-up of the last week’s economic news stories in Minnesota.
Like the undermentioned parrot, Modern Monetary Theory fails to check three boxes.
Compared to states that instated a shutdown, states that stayed open did not have worse health outcomes from COVID-19. In fact, most of them were among the top states with…