The Royal Swedish Academy of Sciences has awarded the 2019 Nobel prize in economics to economists Abhijit Banerjee, Esther Duflo, and Michael Kremer for their research into tackling global poverty.
A round-up of the last week’s economic news stories in Minnesota.
Most citizens would be alarmed to learn how big of a problem cigarette smuggling represents in states with high cigarette taxes like Minnesota. Many realize the state’s taxes on cigarettes…
The very real challenges facing Minneapolis will not go away because Mayor Frey gets into a Twitter spat with President Trump.
Manufacturing in Minnesota is a bit of a success story and much of that is down to lower than average taxes. They helped the state weather the 'China Shock' comparatively…
A round-up of the last week’s economic news stories in Minnesota.
If you ever bought anything from Amazon, you chose to help make Jeff Bezos a billionaire.
New numbers from the Department of Employment and Economic Development's Job Vacancy Survey deal a severe blow to the case for a state minimum wage of $15 per hour.
1.3 million Minnesotans of working age are not in the labor force. 94% of them are cool with that, mostly because they are retired. Finding ways to get them into…
Almost all government regulations are sold as being in the public interest. Very few of them actually are. Always ask yourself, 'cui buono?'
Whether from old age or bad policy, the current economic expansion will end at some point, and we will want to be well-placed to cope when it does .Sadly, recent…
A round-up of the last week’s economic news stories in Minnesota.
An aging population and increased Social Security spending might mean that income from transfers will increase. But it is a source of concern that it is increasing so much faster…
Rent controls propose using government regulation to solve the symptom—high prices—of a problem—a shortage of housing—which government regulation created in the first place.
A round-up of the last week’s economic news stories in Minnesota.
Over the last year, Minnesota's working age population has grown faster than that of the United States generally, but employment has increase more slowly. As a result, while the number…
Minnesota employers in manufacturing and the trades continue to grapple with daunting workforce challenges. For example, while the construction industry in our state grew 20 percent from 2014 to 2018,…
As part of Great Jobs Without a Four-Year Degree, I’ve reviewed a lot of reports in recent years that blur into each other about why and how we must do…
A round-up of the last week’s economic news stories in Minnesota.
It’s a small thing which is why it’s such a big deal. The media’s infatuation with tiny houses turns out to be less than monumental with the public. It seems…
Minnesota's diverse economy is a great source of strength for the state. But, as the last boom and boost shows, we cannot afford to be complacent.
A round-up of the last week’s economic news stories in Minnesota.
New research finds that "[t]here is growing evidence that taxes can affect the geographic location of people both within and across countries"
Surely, when San Francisco's politicians passed rent control laws they didn't intend to increase income inequality in the city. But that is what happened. Once again, we see the truth…