Minnesota’s Economic News – W/E 8/14/20
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.
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.
A round-up of the last week’s economic news stories in Minnesota.
Offering economic development subsidies to a company is a common practice among US states and Cities. Research, however, shows that subsidies have very little impact on economic development and they…
American 'liberals', who claim to be so much more worldly than their 'conservative' countrymen and women, can be thoroughly parochial themselves. Blaming the Trump administration for the record economic collapse…
Our economy has suffered terrible damage this year. When you shut large chunks of it down to combat a virus, that can only be expected. Other countries have experienced similar…
In June, American Experiment released a groundbreaking new report taking a look at the lack of affordable housing in Minnesota. One of the findings of that report found that government…
How government regulation strains families and our economy.
Turns out it is not so easy for small businesses to rebuild from scratch after losing everything. Who would have thought?
A round-up of the last week’s economic news stories in Minnesota.
The budget crunch facing local governments due to the economic impact of COVID-19 may not be all bad if it leads cities to get out of businesses they probably had…