The Bureau of Labor Statistics (BLS) released its inflation numbers for November this morning and they did not make for happy reading over breakfast. The Consumer Price Index (CPI) rose…
Last week, The Globe carried a story titled ‘Southwest Minnesota sees labor shortage, including Nobles County‘: The numbers in southwest Minnesota still add up to a labor shortage, the Nobles…
The Trump administration was punctuated by a string of “explosive” books — mostly composed of unsourced tittle-tattle — which were published, “exploded,” and disappeared. You’re Hired! Untold Successes and Failures…
Getting out of the way of the economy.
Recently, I had an op-ed in the Star Tribune in which I argued that increased federal unemployment benefits were one factor behind the phenomenon of record numbers of job openings…
The April jobs report was bad news for the post-COVID-19 economic recovery. Across the United States, employers added just 266,000 jobs and the unemployment rate ticked up to 6.1%. This…
Recently, I wrote an op-ed for the Star Tribune that argued that increased unemployment benefits are preventing employers from hiring. Most agree that there is an unusual situation in Minnesota’s…
Apart from preparing children for their future, k-12 education also frees parents to do paid work. School closures, in addition to harming children, have disrupted this central role of schools…
Presumptive Democratic Presidential candidate, Joe Biden, recently released his Biden-Sanders Unity Task Force Recommendations, a document spanning 110 pages and covering issues like “combating the climate crisis and pursuing environmental justice.” To…
It makes everyone richer.
Creating value does not hurt the poor; it makes everyone richer. This counterpoint originally appeared in the Star Tribune on August 23, 2019. The Star Tribune missed an opportunity to…
British journalist and politician Daniel Hannan recently wrote a smart defense of high CEO pay in the Washington Examiner. His are arguments rarely heard among the leftist shouts to “abolish…
Last week's blockbuster jobs report showed that sound economic policy can enable strong growth and reveal the bankruptcy of notions of stagnation.
Federal tax cuts are already benefiting Minnesota’s economy.
In late June, the American Enterprise Institute released a study by three scholars which found “more than one-in-two black men (57%) have made it into the middle class or higher…
The Congressional Budget Office (CBO) released their much-anticipated fiscal analysis of the House bill to repeal and replace Obamacare yesterday. The two headline data points show that the bill would…