Stephen Moore on Trumponomics
Yesterday, Center of the American Experiment was delighted to have economist Stephen Moore address our quarterly lunch forum. In an informative and entertaining talk, he discussed recent US economic events,…
Yesterday, Center of the American Experiment was delighted to have economist Stephen Moore address our quarterly lunch forum. In an informative and entertaining talk, he discussed recent US economic events,…
A new organization, the Restaurant Workers of America, has been founded to fight for their rights to negotiate their own terms of employment.
Saint Paul's mayor Melvin Carter is committed to following Minneapolis in enacting a $15 an hour minimum wage. Economic theory and empirical evidence indicate that this would be bad public…
Changes in the federal tax bill to the State and Local Tax deduction and estate tax exemptions should prompt Minnesota's legislators to act in the coming session.
A round-up of the last week’s economic news stories in Minnesota
Minnesota's budget forecast is due out this month. With the growth effects of tax reform factored back in, will it show a surplus for the state?
Plans to extend the light rail look ever more uncertain. But, then again, mass transit use in Minneapolis did fall by 5.9% between the third quarter of 2014 and the…
GDP per person is what matters for the economic well-being of Minnesotans. An immigration policy focused on increasing that will have to prioritize skilled immigrants.
Minimum wages are bad public policy which hurt the very people they are meant to help. New research illustrates one more avenue in which this works. Minimum wages push teenagers…
The Chinese authorities want fewer foreign players coming into the country and a tax on foreign player purchases is their chosen tool. Even in communist China, taxes are recognized as…
The high productivity jobs provided by mining are vital to Minnesota's economic future. A way can be found to square this in northern Minnesota without ruining the environment. With increased…
Newly elected Saint Paul mayor Melvin Carter is seeking to copy Minneapolis in its job killing $15 minimum wage. But declaring what the wage will be from the comfort of…
Super Bowl LII is in the history books now and it was a lot of fun. But, looking at the cost in the cold light of day, was it worth…
A round-up of the last week’s economic news stories in Minnesota
Americans are on the move to economically freer states. This means Minnesota, with its high taxes and regulations, is losing out.
Minnesota's policymakers impose lower business tax rates on craft brewers to stimulate their growth. Why not apply this logic across our state's economy?
Burger chain Red Robin responds to minimum wage increases by cutting low skilled staff. This is exactly what theory and evidence suggests would happen, so why do policymakers ignore it?
Wages are driven by worker productivity. Minimum wages don't boost productivity so they don't boost wages, all they do is outlaw low productivity jobs.
A round-up of the last week’s economic news stories in Minnesota
Capitalism has lifted more people out of poverty than anything else in human history. Countries which remain poor need more of it, not less. And, to become rich themselves they…
Minnesota's policymakers use high tax rates on cigarettes to discourage smoking. Won't the high tax rates they levy on labor discourage work?
California's policymakers seem to recognize that high tax rates incentivize individuals to move to jurisdictions with lower rates. But, for some reason, they think that if they impose higher rates…
We wrote about Amazon’s plans for a massive second corporate headquarters, and the Twin Cities’ bid to be considered for its location, here, here, here and here. The last linked…
As demand for Minnesotan labor continues to expand relative to supply, wages are starting to rise. To maintain increases in income per capita in the future, we need to focus…