Continuing his discussion of prices, Howard Baetjer explains what can go wrong when outside interference prevents genuine market prices from emerging.
An industrial wind facility in Kewaunee County, Wisconsin has been decommissioned after just 20 years of service because the turbines are no longer cost effective to maintain and operate. The decommissioning…
Prices, explains Howard Baetjer, are a powerful tool for getting people the knowledge they need to cooperate with one another in the market.
Minnesota’s new teacher licensure reforms bring effective improvements to a previously badly broken and complex licensing system. Finally, after a seven-year effort, the state’s teacher licensing system has been overhauled…
It has been decades since Congress addressed retirement plans in a comprehensive way; the Left is capitalizing on that by getting states to offer defined benefit plans for low-income private…
Minnesota faces a severe shortage of firewood. But why?
Having discussed supply and demand separately, Howard Baetjer explains how, together, they describe the way markets operate.
Howard Baetjer explains the “supply” half of “supply and demand.”
“How much hotter is your hometown than when you were born?” That’s the inflammatory headline of the New York Times interactive tool designed to demonstrate on a personal level that…
Howard Baetjer explains the “demand” half of “supply and demand.”
Angry anti-pipeline protesters crashed the party at The Theater of Public Policy Monday evening, as eco-activists who oppose building new pipelines to safely and efficiently transport oil decided the show…
Minnesota teachers pay dues to two national unions, the NEA and AFT, as well as the state union, Education Minnesota. In fact, the bulk of teachers’ dues goes to national…
Coming out of Election Day two weeks ago, much has been said and written about how conservatives and Republicans generally did lousy in suburbs across the country, and how they…
Building on the concept of opportunity cost, Howard Baetjer explains how specialization and trade make us richer.
Patrick J. Michaels is the director of the Center for the Study of Science at the Cato Institute. Michaels is a past president of the American Association of State Climatologists…
If they keep this up, the rabble-rousers opposed to the Enbridge 3 pipeline replacement project may yet prove there’s something to the layman’s definition of insanity. The hard-core group of…
Minnesota is now on track to spend $2.03 billion for about 15 miles of track. Note that you can add road lanes for about 10% of that cost. My theory…
All economic behavior occurs at the margin. The decisions of economic actors are “bit by bit” decisions, not all-or-nothing ones.
Wind energy is a $14 billion industry made up of wind facilities, turbine manufacturers, and financiers. While the industry grew over the past few decades, the American Wind Energy Association (AWEA) and…
Did you know that Minnesota has the highest population of wolves of any state in the country? The growing population has led to efforts from Minnesota Congressman Collin Peterson to…
Howard Baetjer explains scarcity, the problem that any given good of finite supply can only ever be put to some of the many ends for which we might use it,…
As leadership positions for both parties took place yesterday, Minnesota's three term Rep. Tom Emmer was elected NRCC Chair after having run unopposed for the position. Set to replace Rep.…
MPR ran a piece about the efforts of Citizens Utility Board (CUB) of Minnesota to educate people on how to lower their utility bills. Among the brilliant, energy-saving insights provided…
With charter school enrollment on the rise, the hunt for building facilities to accommodate student body growth is a challenge. But charters’ facility problems are not due to a lack…