American Experiment spurs stiffer restrictions against the Federal Reserve’s lobbying
On Monday and Tuesday this week, I wrote about how the number of people employed in Minnesota has been falling since June. This is bad news. As I noted in…
A powerful U.S. Senator rebukes the Minneapolis Fed for playing politics with issues outside its ‘statutory mandate.’
U.S. Senate Banking Committee Ranking Member Pat Toomey sent a letter to Federal Reserve Bank of Minneapolis President Neel Kashkari calling on him to cease the bank’s aggressive political lobbying…
The Fed’s lobbying for the Page Amendment undermines its independence.
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…
Economic growth St. Peter Herald: Minnesota’s clean-energy jobs rebound from COVID punch WIZM: Some rural bankers worried drought will threaten operations, including in Minnesota Bemidji Pioneer: Other View: Federal infrastructure…
Last weekend, the Star Tribune reported: This was going to be the big comeback summer for Minnesota’s tourism business. Freed from the limits placed on them last year during the…
I have commented a few times recently on the puzzle of elevated numbers of unemployed Minnesotans at a time when there are large numbers of jobs available. This puzzle becomes…
Minnesotans remember Alan Page as one of the Purple People Eaters who helped lead the Vikings football team to four Super Bowls back in the 1970s. After his football career,…
Rent control disincentivizes investing in the maintenance of existing housing units. It also discourages investment in the production of new housing. Ultimately, this hurts low-income individuals the most in the…
We cannot expect the economy to return to normal while restrictions remain.
Lockdowns may have health benefits. These may, in turn, bring economic benefits. But it would be neglectful to make policy only by looking at the benefits of a measure. We…
The initial lockdown made sense as long as good use was made of the time to analyze data and formulate an effective policy. Now, though, the raw numbers do not…
Even before the COVID-19 pandemic, most major cities in the country were grappling with a lack of affordable housing. But with growing increasing unemployment, there is a possibility a lot…
A round-up of the last week’s economic news stories in Minnesota.
The April jobs report is terrible and when Minnesota's numbers come out they are unlikely to be any better. Indications are that poorer counties and lower paid occupations will have…
Aspirational Page-Kashkari constitutional amendment will fail.
I do applaud the new direction the Fed is taking to possibly focus on the supply side. During the America's Rental Housing Report Release, Neel Kashkari emphasized the need to…
This article was originally published by the Star Tribune. Minnesota schools, like schools across the nation, have been striving for decades to shrink the stubborn racial learning gap. The frustration…
I respect that the conversation on how to solve the gap is at least started by this proposal, but I don't believe it will result in the lasting change our…
As educational disparities continue to plague Minnesota students across race, ethnicity, and socioeconomic status, it’s clear the state needs to take a different approach to solving education shortcomings.
A round-up of the last week’s economic news stories in Minnesota.
The economy we should want for Minnesota should be one of high investment driving rising wages. It is the economic model Germany had so much success with in the post-war…