As the date for Uber and Lyft’s exits from the Twin Cities approaches, competitors are waiting in the wings. And so far “waiting” is the operative word. The Minnesota Reformer…
Minneapolis city council is applying some insights from Econ 101. Associated Press reports: Smokers in Minneapolis will pay some of the highest cigarette prices in the country after the City…
The 2023 legislative session saw a torrent of mostly bad policy passed into law. Gov. Walz, among others, called the session “Transformational” and I would not disagree. As I wrote…
Price floors and ceilings — Minimum wages and rent controls Public policymakers often intervene in economies using “price floors,” such as government-mandated minimum wages, or “price ceilings,” like rent controls.…
A year ago, I wrote about twin examples offered by one of Minnesota’s Twin Cities, St. Paul, of the principles of Econ 101 in action. The Saint Paul City Council passed a minimum…
There is good reason that 81% of economists agree that rent controls are bad policy. The harmful consequences of Berlin's rent controls are just one more example.
Who will bear the burden of Minnesota's proposed 70% gas tax hike, sellers or consumers? That depends on what alternatives the consumers have.