Wage mandates drive investment toward machines, away from labor
New research shows that higher minimum wages lead to more automation.
New research shows that higher minimum wages lead to more automation.
The phrase 'A fair day's wage for a fair day's work' has a long history. From an economic standpoint, the maxim ought to be a fair day's wage for a fair day's production.
A “politically incorrect” sign posted by an owner of a Dairy Queen franchise in Kewaskum, Wisconsin has generated a blizzard of attention on social media after an out-of-town customer complained…
The Guthrie Theater debuted a new production of Romeo and Juliet over the weekend. It premiered on Saturday night, and I saw it on Sunday. The play’s greatness is, I…
New research shows that it isn't intra-state competition that has been driving capital taxes down, but changes in tax rates and input costs abroad, U.S. macroeconomic conditions, the capital income share,…
A prominent DFL donor and key witness in an unfolding Indonesian corruption scandal committed suicide last month after a nine-hour standoff with a SWAT team in Los Angeles. Johannes Marliem,…
A prominent DFL donor and key witness in an unfolding Indonesian corruption scandal committed suicide last month after a nine-hour standoff with a SWAT team in Los Angeles. Johannes Marliem,…
Earlier this year I wrote a piece (Government, Not Wall Street, Caused Financial Crisis) that showed that the Trump administration was right to call the Dodd-Frank legislation passed in the…
As its population ages, Minnesota needs a more productive labor force more than it needs a larger one
John Phelan wrote here about Amazon’s plan to develop a second corporate headquarters that will employ 50,000 people with average incomes of more than $100,000. Governor Dayton has vowed to…
American Experiment has long warned taxpayers and legislators to the threat posed to taxpayers and recipients by Minnesota’s underfunded public pension system. But a new Bloomberg analysis of our state…
State’s system is losing ground fast, relative to others. Here’s why. This op-ed originally appeared in the Star Tribune on Sunday, September 10, 2017. Bloomberg Markets recently released a bombshell…
One might think that Minnesota would be one of the last places to pull down statues. The state joined the union just in time for the Civil War, in which…
The Star Tribune just published its own incredibly embarrassing “Dewey Defeats Truman” headline. Yesterday, the Minnesota Supreme Court issued an order in the ongoing dispute over Governor Mark Dayton’s line-item…
The Minnesota Association of Professional Employees (MAPE) plans to slash its 2018 budget and revamp operations in anticipation of the fallout from a case that hasn’t even reached the U.S.…
The Minnesota Association of Professional Employees (MAPE) plans to slash its 2018 budget and revamp operations in anticipation of the fallout from a case that hasn’t even reached the U.S.…
Gov. Dayton's offer to Amazon is likely to include tax breaks. If so, that would be an admission that low tax rates attract business.
After string of IT disasters, have state agencies learned any lessons?
Education excellence threatened by ideology in Edina Schools.
The much vaunted 'labor shortage' need not be a problem if we have sufficient investment and innovation to make the workers who remain more productive
Another multi-national corporation has fallen in line with Facebook, Twitter and Google, admonishing the Federal Communications Commission to drop plans to deregulate the internet. Apple has come out in favor…
Hurricane Harvey is and continues to be a human tragedy. Particularly in the regions affected, it will be an economic one as well.
The parking shortage in Minneapolis is a lot like the Twin Cities traffic congestion crisis American Experiment highlighted this summer. It’s self-inflicted by politicians, urban planners and environmentalists determined to…
It was not labor but invention and innovation that created the wealth which allows us to work less and our kids not at all. How about we have a day…