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A round-up of the last week’s economic news stories in Minnesota

Fifty years ago today, Milton Friedman gave the lecture which dealt the death blow to the so-called Phillips Curve. Despite this, central bankers continue to act as though it exists.

Economics is not the study of money but of human behavior. Specifically, it is about how people increase a sort of mental sense of well-being which economists call 'utility'. Money…

In 1980, Nobel prize winning economist Milton Friedman turned TV presenter. Over ten episodes, his PBS program Free to Choose explored the workings of the market economy and explained how…

A round-up of the last week’s economic news stories in Minnesota.

The Republicans in Washington D.C. have passed the biggest overhaul of the federal tax code since Huey Lewis and the News were top of the Billboard Hot 100 with Stuck…

Minnesota scores a low rank for economic freedom. Its high tax burden is to blame.

A round-up of the last week’s economic news stories in Minnesota.

Why did SAB Miller and Molson Coors have to get permission to merge from the Department of Justice? Monopoly. Why was that a problem? It wasn't.

Minnesota needs productive workers. Evidence suggests that, over the last few years, we have been losing them. This is not good for our state's economy. Assuming that our high personal…

If Minnesota is to solve its looming workforce talent shortfall, the state’s employers will have to explore new talent pools and push for a higher workforce participation rate. The Minnesota…

Good news on Minnesota’s workforce development crisis: Innovative high schools are setting the stage for a revolution in career education. A recent Star Tribune article surveyed this burgeoning movement. “The…

A major factor in our state’s workforce development crisis is a mismatch between the skills workers have and those required by in-demand jobs. But there’s good news: A vocational exploration…

If immigration is going to be used as a policy tool to boost Minnesotans per capita incomes, the focus will have to be on attracting skilled immigrants.

Minnesota's workforce is set to shrink as a share of its population. To keep GDP per person growing, our state will need to improve worker productivity.

Between now and 2035, Minnesota's declining Labor Force Participation is going to slow GDP per capita growth. 

The laws of economics applied just as much in 1946 as they do now. Here, in Newsweek from this day in 1946, the great economic writer Henry Hazlitt explains some…

A round-up of the last week’s economic news stories in Minnesota.

Minnesota has low unemployment but creates jobs at a lower rate than the nation generally. And the jobs it does generate have been in lower productivity sectors of the economy.

In 1980, Nobel prize winning economist Milton Friedman turned TV presenter. Over ten episodes, his PBS program Free to Choose explored the workings of the market economy and explained how…

The laws of economics applied just as much in 1946 as they do now. Here, in Newsweek from this day in 1946, the great economic writer Henry Hazlitt explains some…

A round-up of the last week’s economic news stories in Minnesota.

With the looming closure of Whiskey Junction in Minneapolis, we can start to see the victims of the city's job killing $15 minimum wage

Whiskey Junction has been Minneapolis watering hole since the 1880s, but no longer: the bar is closing at the end of this month. The Pioneer Press reports: Owner Tom O’Shea…