Last month, CNBC sent out this tweet: It isn’t often that I’m stunned into silence, but this did it. One of the basic confusions that people can fall into when…
As the pandemic passes and national and state economies reopen, what is in store for the economy? Some basic macroeconomics might tell us. Theory The macroeconomics of a pandemic When…
Sen. Jason Isaacson's comments in a Senate committee showed a disregard for minority students trapped in failing public schools.
The problem is not that Minnesota's politicians don't get enough of your money to spend, it is that they spend the huge amount they do get badly.
The link between wages and productivity is currently one of the most hotly contested issues in political economy. The evidence shows, in fact, that the link holds. To raise wages,…
We are on the brink of inter-generational strife. We have the political shortsightedness of decades past to thank for that.
The article below originally appeared in the Inforum, and it’s spot on. Xcel’s decision is about padding its ratebase, and thus its corporate profits, and if they have to team…
Wages have been rising in nominal terms in Minnesota, but inflation has taken much of that increase. Fortunately, if the Federal Reserve does its job, the prospects look better.
Governor Mark Dayton recently unveiled his proposal for Minnesota's state budget. On Wednesday, Morgan Scarboro of the Tax Foundation gave her take on it.
Productivity drives earnings. Arguments that it doesn't are based on the selection of poor variables, incomplete data, and misleading measures of inflation.