Last week, the Bureau of Labor Statistics (BLS) announced that: The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent on a seasonally adjusted basis in August, after…
Yesterday, the Bureau of Labor Statistics (BLS) announced: The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis in July, after rising 0.3…
Yesterday, I wrote about a questionable “fact check” by KSTP which said that a Minnesota Congressional candidate’s claim of “20% inflation” was misleading. I noted that: Inflation is calculated as…
In April, KSTP news reported that “Although abortion remains a top issue…the economy is the most important issue influencing voters in 2024.” It continues: “According to our new KSTP/ SurveyUSA…
As we close out another week of the trial in Minneapolis, prosecutors have featured many of the (alleged) ill-gotten gains of the free-food scheme. A survey of recent headlines: ‘The…
The news that Minnesota’s state government is forecast to run a budget surplus of $17.6 billion in the 2024-2025 biennium prompted some to ask where all that money came from.…
Evaluating the Fed’s post-COVID policies.
Letter to Federal Reserve Board Chairman Jerome Powell outlines illegal grass roots lobbying Center of the American Experiment sent a letter to the head of the Federal Reserve Board in…
When I started studying for my economics degree in 2007, people’s eyes would glaze over when I told them what I studied. By the time I started my second year…
In June, the Bureau of Labor Statistics (BLS) announced that inflation rose 5.4 percent in the last 12 months. Despite the claim that inflation was transitory, prices have continued to…
The article below originally appeared in the Washington Post. – I know, I was as surprised as you are. Federal Reserve Chair Jerome H. Powell said Tuesday that the U.S. economy…
After a prolonged period of wage stagnation, the recent rise in wages is to be welcomed. But it won't help folks much if rising prices cancel out the benefits.