Price controls never work
It should not come as a surprise that a local St. Paul institution is citing the $15 minimum wage law as one of its reasons for going out of business.…
It should not come as a surprise that a local St. Paul institution is citing the $15 minimum wage law as one of its reasons for going out of business.…
We are on the brink of inter-generational strife. We have the political shortsightedness of decades past to thank for that.
You know it’s bad when a former New Yorker says the property taxes on his restaurant in Rochester, Minnesota make his tax bill from the empire state look good. But…
The same arcane, rent seeking laws which have hindered Minnesota's craft brewers are also holding back its distilleries. It is time for them to go.
Politicians who argue that we can fund vast new spending programs by hiking taxes on 'the rich' are arguing in ignorance of the evidence. It will be the middle class…
A newly launched study by the Center for the Study of Economic Liberty at Arizona State University has ranked Minneapolis 40th among 115 cities in North America on the overall…
A round-up of the last week’s economic news stories in Minnesota.
Kiplinger has released its 2019 ranking of the Least Tax-Friendly States for Retirees. Minnesota comes in fifth
I have recently joined the Center of the American Experiment as an economist to contribute to the Center’s research and analysis of Minnesota’s economy as well as various policy issues.…
Beneath the surface Minnesota's economy shows inherent weakness.
Between 2010 and 2018, the US economy grew by 19.5% while Minnesota’s economy grew by 17.2%. Our state's growth matched that of the United States generally from 2010, but diverged…
Olmsted County residents owe nearly $1.5 million in uncollected fees for services they received this year. But as 2019 winds down the chances of collecting most of those funds appears…
In Minnesota, groceries are fully exempt from the state’s sales tax base, but candy is treated differently than groceries and is therefore not included in the exemption.
A round-up of the last week’s economic news stories in Minnesota.
High school students can now find out about the viable, valuable and fulfilling career paths that the trades and manufacturing industries offer from those they trust: their peers.
Mr. Albosaad arrived in Minneapolis from Iraq in 1994 and built a successful business. Now, the city council is strangling it with regulations.
“In many cases rent control appears to be the most efficient technique presently known to destroy a city—except for bombing.” - Assar Lindbeck
Center of the American Experiment is deepening its focus on economic policy and analysis with the addition of economist Martha Njolomole to its policy staff. Martha earned a Master of…
A round-up of the last week’s economic news stories in Minnesota.
Events in Portland are one more warning for those who push for higher taxes on businesses: Be careful what you wish for.
Data show that Minnesota lags national averages on capital per worker, venture capital per worker, new and young businesses as a share of all businesses, and research and development spending…
A round-up of the last week’s economic news stories in Minnesota.
You never hear sellers complain about 'scalping', only buyers. There is a reason for that.
Labor is like anything: if its price rises employers will try to buy less of it.