As its population ages, Minnesota needs a more productive labor force more than it needs a larger one
John Phelan wrote here about Amazon’s plan to develop a second corporate headquarters that will employ 50,000 people with average incomes of more than $100,000. Governor Dayton has vowed to…
Gov. Dayton's offer to Amazon is likely to include tax breaks. If so, that would be an admission that low tax rates attract business.
The much vaunted 'labor shortage' need not be a problem if we have sufficient investment and innovation to make the workers who remain more productive
Hurricane Harvey is and continues to be a human tragedy. Particularly in the regions affected, it will be an economic one as well.
It was not labor but invention and innovation that created the wealth which allows us to work less and our kids not at all. How about we have a day…
BloombergMarkets releases study using more realistic assumptions about rate of returns on investments that blow a hole in the funding for Minnesota's government pensions.
The private sector can play a big part in alleviating the suffering of Hurricane Harvey's victims. It shouldn't be stopped from doing so by armchair moralists
Economists have had a number of theories for economic growth over the years. The most recent offers hope for the future.
Compared to its peers, the Twin Cities' economy is only middling
With Congress reconvening and tax reform in the offing, where do our state's legislators stand?
Minnesota's population is aging. The state will need the wealth generated by high productivity jobs, such as mining, to support its seniors
The vast burden of federal regulations is well known. But what's the picture at state level?
The pace of technological change is such that the skills you have at 20 are likely to be obsolete halfway through your working life. To keep pace, education must become…
Keith Ellison has been a vocal supporter of the campaign to raise the minimum wage to $15. Sadly, he won't put his money where his mouth is.
Once again, evidence shows what theory predicts. Raising the price of something, in this case labor, increases the demand for substitutes, in this case machines.
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
If government's take less money from individuals or businesses, that does not mean they are handing money out to them
Whichever party it is, subsidizing business is a bad idea. If 'progressives' have discovered that, the Foxconn money may have been well spent after all
Policymakers who see immigration as a tool to boost economic growth need to focus on skills
It's often said that the evidence in the minimum wage debate is clear. And it is.
Labor demand is growing in Minnesota causing wages to rise. Apparently, this is a crisis.
Data on metropolitan areas shows Minnesota's economic performance is increasingly mediocre
Some argue that there are goods and services which must by paid for by taxation simply because a particular group of people likes them. There is little merit in this…