“What I shall argue”, writes Lorenzo Forni in The Magic Money Tree, “is that the main principles of economics remain unchanged; it is only the circumstances in which they operate…
While writing a recent post about how Minnesota’s economic growth is below average, I was struck by the diverging post-COVID-19 growth rates of our neighbors. As Figure 1 shows, from…
In an article summarizing the economic policies of Tim Walz and Scott Jensen — candidates in tomorrow’s gubernatorial election — Dave Orrick writes for the Pioneer Press: The Federal Reserve…
Last week I submitted an op-ed to two of the state’s major opinion platforms correcting some of the egregiously false statements made recently about Minnesota’s economy. Both declined to run…
Last week I submitted an op-ed to two of the state’s major opinion platforms correcting some of the egregiously false statements made recently about Minnesota’s economy. Both declined to run…
I submitted an op-ed to two of the state’s major opinion platforms last week correcting some of the egregiously false statements made recently about Minnesota’s economy. Both declined to run…
In our new report ‘The Cost of Lockdowns and Shutdowns: Part I: Counting the economic costs of government policy responses to COVID-19‘, my colleague Martha Njolomole and I write: In…
In March 2020, COVID-19 hit Minnesota. State and local governments enacted several measures intended to slow the spread of the virus, chief among these being “lockdowns” of individuals and shutdowns…
A couple of weeks ago, I saw a post in a Facebook group for residents of my neighborhood where a desperate mother was asking if anyone knew a store that…
Shortly after moving to Minnesota in 2017, my wife and I went to see a Saint Paul Saints game. Arriving early, we went for a walk around Lowertown. We loved…
Yesterday, I wrote about employment growth in Minnesota since the trough of the COVID-19 recession in April 2020. Despite a period of below average employment growth, we still have a…
Gov. Walz gave his state of the state address Sunday night and in it, noted that, Nationally, we have the fifth lowest unemployment rate among states, the third highest job…
In March, the Bureau of Labor Statistics (BLS) reported that the Consumer Price Index had risen by 7.9% over the previous year, the fastest year-on-year rate since January 1982. Stripping out volatile…
Census Bureau data show that, in 2021, Minnesota lost 13,453 residents to other states, its biggest net loss of domestic migrants to other states in at least 30 years. Data…
A new report from the Minnesota Department of Health lays bare a looming problem for our state’s hospitals: a staffing shortage. The report — Three Key Trends for Minnesota Community…
Minnesota’s unemployment rate has fallen in recent months, but this is entirely due to Minnesotans leaving the labor force. Our state actually ranks 8th in the United States for the…