Some occupational licenses can be justified in terms of improved outcomes, but many others cannot. The trick is to tell which is which and design an appropriate regime where licenses…
A round-up of the last week’s economic news stories in Minnesota.
Finland doesn't raise more tax revenue than the US by taxing the rich, it does it by taxing everybody as though they're rich. Even in Finland, there is no such thing…
Minnesota’s microdistilleries are under threat from laws designed to protect the indefensible three-tier distribution system, an obsolete bit of rent seeking legislation which exists solely to preserve the market share…
While D.C. fiddles, federal tax cuts for microdistillers are set to expire. That is going to hurt small operations in our state.
Is the forecast surplus a nice little bonus for Minnesota's politicians? Or should it be left with the hardworking taxpayers who earned it?
Brexit was voted on by U.K. citizens. We need to respect the voice of the people.
A round-up of the last week’s economic news stories in Minnesota.
When Congress tried to 'tax the rich' and it raised no revenue.
Today Minnesota Management and Budget released their biannual Budget and Economic Forecast. The state’s economist projected a $1.332 billion state surplus, and that’s after sending $284 million to the budget…
In response to the Budget and Economic Forecast projecting a $1.332 billion surplus, Center of the American Experiment Economist John Phelan released the following statement: “We can attribute this budget surplus…
Minnesota's youth employment ratio has declined more than the national rate since 2000; minimum wages have been found to disproportionately impact youth employment; and our minimum wage has been especially…
It is the easiest thing in the world to spend someone else's money. Juggling all these many pressures, as these restaurateurs and other entrepreneurs have to, is rather harder.
Center of the American Experiment released new research today that analyzes current trends in Minnesota’s labor market and predicts the future of the state’s workforce for the next two decades.…
A round-up of the last week’s economic news stories in Minnesota.
It doesn't seem as though Rep. Alexandria Ocasio-Cortez actually knows what Public Goods are.
Liberty is something to be fought for. It is also something to be thankful for.
New research suggests that the average net social value of occupational licensing is negative: The social cost of reduced labor supply exceeds the social benefit from consumers higher willingness to…
The Twin Cities’ ‘affordable housing’ shortage was caused by their politicians and their taxes, fees, and regulations, not by mythical 'free enterprise'. It is optimistic at best to think that…
There is no link between high tax burdens and a state being a nicer place to live or having a better education system.
A round-up of the last week’s economic news stories in Minnesota.
By the time of his death in 1989, Sugar Ray Robinson, the best pound-for-pound boxer who ever lived - suffered from Alzheimer's disease and lived in relative poverty. Just as…
Recently, I had the pleasure of speaking to a local city council about the obstacles to the construction of affordable housing which state and local governments erect in terms of…
“Why should we have to now jump through all these hoops and pay thousands of dollars to be able to do what we were already doing over here?” Good question.