Mining jobs pay more than hospitality jobs because they are more productive. Why is that?
Mining workers earn more because their jobs are much more capital intensive than jobs in the leisure industry.
Mining workers earn more because their jobs are much more capital intensive than jobs in the leisure industry.
Heartland’s Donald Kendal, and Jim Lakely are joined by Isaac Orr in episode #187 of the In The Tank Podcast. Today’s episode features work from the Center of the American Experiment, and…
The Rochester Post Bulletin argues that high taxes are what makes Minnesota great. It makes this argument in contradiction of the facts and, even, to the studies it cites in…
Have the bosses of Target, Wal Mart, and now Amazon, have all suddenly been struck with a bout of generosity? Or that they are reacting as you would expect when…
A round-up of the last week’s economic news stories in Minnesota.
Since 2015, Minnesota has fallen from the top of CNBCs ranking of America's Top States for Business to 6th this year, down three spots from 2017. The fall was driven…
Faced with wage hikes, one way employers can respond is by switching to use capital instead of labor inputs. As prices of machines fall and their reliability increases, this becomes…
It’s been years since I have watched CNN anywhere except (involuntarily) at an airport gate, with one exception: I work out at a Life Time Fitness gym near my house,…
Rising wages are a good thing when, like Target's, they come from market forces and the competition between firms for labor.
Minnesota has some strong cards in its economic deck. As CNBC's rankings show, its Big Government economic policies aren’t among of them.
CNBC's latest Top States for Business rankings give Minnesota a good grade overall, but economic policy gets a fail
There they go again. CNBC just ranked Minnesota as the nation’s fourth best state for business in the financial network’s 2016 annual rankings. In a state where being above average…
Center of the American Experiment recently released a report documenting that, year after year, Minnesota on net loses thousands of people and hundreds of millions of dollars to migration. Between…