By increasing barriers to entry into certain professions, occupational licensing tends to push out mostly low-income individuals out of lucrative professions into less lucrative professional and also makes it easier…
It’s hard to blame businesses considering rebuilding after the riots in Minneapolis for wanting to take additional security measures to protect themselves. They have little choice with the lack of…
A round-up of the last week’s economic news stories in Minnesota.
Economically, speaking there are a few possibilities that will come out requiring gig companies like Uber to classifying drivers as employees. Either a lot of drivers will go out of…
A lot of the decrease in unemployment has followed the loosening of shutdown orders. But most indoor service businesses like restaurants and bars are operating with restrictions like limited capacity.…
In an effort to push for policies that will redistribute wealth from the wealthy, politicians keep saying that the middle class is shrinking. According to these politicians, the middle class…
In 2015, Target's location zipcodes averaged a median income of $78,964 and Walmart Supercenters $63,488. The differing performances of the two chains illustrates the differing economic experiences of better-off and less-well-off…
It might be fun for some people to travel to a riot, smash some stuff up, and head home thinking they have struck a blow for some cause or other.…
Nearly three-quarters (22) of the top 30 Minnesota jobs currently in demand don't require an associate or bachelor's degree.
A round-up of the last week’s economic news stories in Minnesota.
Research continues to show that protectionist policies significantly hurt consumers and the economy more than they help protected industries.
Senator Bernie Sanders wants to impose a 60% tax on the wealth that billionaires made during the duration of the pandemic. But setting aside the damaging impacts of wealth taxation,…
Covid-19 and the policy responses to it tanked economies all over the world. Sen. Kamala Harris doesn't think her 'liberal' constituents know that.
Regulations are necessary, but overly burdensome rules impose huge costs on the economy. In 2019 the total cost from Federal regulation on the economy was nearly $2 Trillion.
The economic downturn has exposed the shaky financial underpinnings of several Duluth city-subsidized facilities whose existence depends heavily on tourism taxes. Not only to meet payroll, but also to make…
Generally, millennials are less wealthy compared to previous generations at their age and the shutdown has compiled on their economic hardships. For other young people (especially those just entering the…
Lockdowns may have health benefits. These may, in turn, bring economic benefits. But it would be neglectful to make policy only by looking at the benefits of a measure. We…
A round-up of the last week’s economic news stories in Minnesota.
Economically speaking, there is no good reason for states to keep and even expand already existing onerous occupation licenses. Multiple jobs are lost annually due to licensing laws. And this…
Yesterday the Minneapolis Star Tribune featured an article discussing how Minnesota Power, an investor owned electric utility in northern Minnesota, was relieved that the state’s iron ore mines were starting…
Providers have been able to ward off the risk of permanent closure by cutting their own pay or digging into their own savings. The government handouts provided later during the…
The high cost of childcare in Minnesota - caused chiefly by government regulation - strains families and our economy, especially in Greater Minnesota.
Energy policy in Minnesota is a mess. Liberal politicians, profit-seeking, government-approved monopoly utilities like Xcel Energy, and environmental groups are pushing for the closure of Minnesota’s reliable coal-fired power plants,…
With crime on the rise, there is evidence that business are starting to recognize Minneapolis as somewhere to be avoided.