Even if your house price has risen by 6%, there is nothing to say your income has too, and it is that cash which you pay property taxes with.
A round-up of the last week’s economic news stories in Minnesota.
One of the most decisive and dramatic events in American history gets a blockbuster retelling.
The Minnesota Gophers football team sold out against Penn State last weekend for the first time since 2015. Is this down to the U of M? Or is it down…
The same arcane, rent seeking laws which have hindered Minnesota's craft brewers are also holding back its distilleries. It is time for them to go.
Politicians who argue that we can fund vast new spending programs by hiking taxes on 'the rich' are arguing in ignorance of the evidence. It will be the middle class…
A round-up of the last week’s economic news stories in Minnesota.
Kiplinger has released its 2019 ranking of the Least Tax-Friendly States for Retirees. Minnesota comes in fifth
Beneath the surface Minnesota's economy shows inherent weakness.
Between 2010 and 2018, the US economy grew by 19.5% while Minnesota’s economy grew by 17.2%. Our state's growth matched that of the United States generally from 2010, but diverged…
The purpose of tax is to raise money to pay for government functions. On this score, Minnesota's estate tax is a loser and it should be repealed.
This op ed appeared in the Duluth News Tribune on November 1st, 2019 In a column on Twin Metals’ planned sulfide ore copper mine (Local View: “Arrowhead better served without…
A round-up of the last week’s economic news stories in Minnesota.
Carl Solberg’s excellent biography of Hubert Humphrey – the liberal Mayor of Minneapolis, Senator for Minnesota, and vice president to Lyndon Johnson – contains the following story. Until he became…
Mr. Albosaad arrived in Minneapolis from Iraq in 1994 and built a successful business. Now, the city council is strangling it with regulations.
“In many cases rent control appears to be the most efficient technique presently known to destroy a city—except for bombing.” - Assar Lindbeck
Prohibition became law 100 years ago today. It was one of the greatest pubic policy failures in US history.
A round-up of the last week’s economic news stories in Minnesota.
Krushchev: "You can't get production without incentive." Humphrey: "That's rather capitalist." Krushchev: "Call it what you will, it works."
Data show that, as a share of income, the lowest quintile of income earners spent roughly 7 times that of the highest quintile on utilities. The shift away from coal…
Events in Portland are one more warning for those who push for higher taxes on businesses: Be careful what you wish for.
Data show that Minnesota lags national averages on capital per worker, venture capital per worker, new and young businesses as a share of all businesses, and research and development spending…
Last week I gave a talk in St. Cloud Minnesota about the findings of our report, Doubling Down on Failure, as part of our Morning in Minnesota Breakfast series to about…
A round-up of the last week’s economic news stories in Minnesota.