A new report commissioned by a group of scientists appointed by the UN Secretary-General claims capitalism, as we know it, is over. The team from the BIOS Research Unit in…
A round-up of the last week’s economic news stories in Minnesota.
After 20 years of teaching middle school language arts and elementary fine arts, Miriam Shuros decided to pursue her long-held dream of being a carpenter.
A report from economists at Harvard asserts that mining in northern Minnesota will lead to losses of jobs in "recreational employment". But no support is offered for this assumption. A…
Comparisons of Minnesota's and Wisconsin's economies are interesting but shouldn't be pushed too far. The states have similarities, but they have many differences, too. As yet, neither state is beating…
"I'm a billionaire. Please raise my taxes" So wrote Tom Steyer, president of the left wing advocacy organization NextGen America in an op-ed for the LA Times last year. But the U.S. Treasury…
A majority of Minnesotans from around the state appear ready to embrace the prospect of developing Minnesota's massive copper, nickel, gold, platinum, and titanium resources through expanded mining. Support for…
In the year since Sunday liquor sales were legalized in Minnesota, alcohol tax revenue has increased at an above average rate. Is this another example of how regulations can impact…
This weekend the Fergus Falls Daily Journal carried an opinion piece by its editorial board titled ‘Minimum wage increase good for economy’. Sadly, both economic theory and the empirical evidence…
Minnesota’s workforce shortages are encouraging employers to reach out to a previously often-overlooked group—people with disabilities. A recent MinnPost article highlights the success of Minnesota Diversified Industries (MDI), a nonprofit…
Two members of the Harvard Business School faculty, Joseph B. Fuller and Manjari Raman, write about a four-year degree inflation problem in a 2017 report, "Dismissed by Degrees: How Degree…
Before our legislature or local governments try anything new, or tap more taxpayers dollars, they should first analyze how state and local regulations drive the costs of building and maintaining…
A round-up of the last week’s economic news stories in Minnesota.
Mining opponents often talk about tourism as a "sustainable" form of economic activity. However, based on the fact that the population of Upper Michigan continues to decline, the so-called "sustainable…
Both Minnesota and Michigan have rich traditions of mining. Iron mines operate in both states, and both have significant reserves of copper and nickel. However, Michigan is mining these resources,…
Good jobs in the skilled trades are going begging because students are almost universally being steered towards bachelor’s degrees. So what is going on here? Why are kids stepping over…
Mining opponents throughout the country cite tourism and recreation industries as "sustainable" alternatives to mining, including in Minnesota. However, what these arguments miss is that people who live in areas…
In doing research for a new book inspired by Great Jobs Without a Four-Year Degree, I recently conducted a roundtable with five young adults at which we talked about a…
Ronald Reagan once said the best welfare program was a job. Turns out it may be the best college loan policy, as well.
A round-up of the last week’s economic news stories in Minnesota.
Minnesota’s workforce reality requires increased talent recruitment and retention to tackle a worker shortage expected to explode the number of unfilled technical positions from the current 60,000 to close to…
Sen. Warren's "Accountable Capitalism Act" fundamentally misunderstands business and the free market system. That is why it is such a rotten bit of legislation. Let us hope it doesn't make…
In terms of per capita incomes, what matters is productivity. Immigration will help boost per capita GDP to the extent that it boosts productivity. From an economic standpoint, we want…
A recent paper from the Federal Reserve shows that we can expect states with high corporate tax rates to perform poorly on entrepreneurship. Minnesota has high corporate tax rates and…