Macro, Micro, Minnesota
What ‘Econ 101’ arguments misunderstand about taxes
Yes, it’s possible to oppose Trump’s tariffs and support raising Minnesota’s gas tax.
Louis D. Johnston
Articles by this author:
Macro, Micro, Minnesota
Paper, plastic, neither, both? Assessing a grocery-bag fee in Minneapolis
A grocery bag fee probably would reduce their use — but that has some side effects.
Macro, Micro, Minnesota
Vice President Pence is in Minnesota Thursday to promote the administration’s income redistribution policies. (He might not frame it that way.)
Talking tariffs.
Community Voices
Deaths of despair hit home
Mental illness doesn’t discriminate. It afflicts every group, regardless of education, race, gender, or region.
Macro, Micro, Minnesota
1973: The year Minnesota became above average (and stayed there)
Minnesota grew faster than the national average during the 1950s and 1960s and passed the national average in per-person income in 1973, when Gov. Wendell Anderson appeared on TIME’s cover.
Macro, Micro, Minnesota
The U.S. economy has changed a lot over the last two centuries. The contribution immigrants make to it hasn’t
Current political debates about immigration rarely place the issues at hand into a broader, historical context.
Macro, Micro, Minnesota
Low soybean prices are bad for Minnesota’s soybean farmers. But that doesn’t mean they’re bad for Minnesota’s economy overall
Trade policy will always create winners and losers. The key is to mitigate the harms to the losers.
Macro, Micro, Minnesota
President Trump went on a media tour boasting about the economic effects of his tax cut. If only the real data backed him up
Trump and economic adviser Larry Kudlow want to draw us over to Bizarro World.
Macro, Micro, Minnesota
One potential problem with the Fed’s vote to raise interest rates: The Fed might not know how the economy works
The Fed bases its decision on one theory of the relationship between unemployment and inflation. But that theory may be wrong.
Macro, Micro, Minnesota
Why ‘simple economics’ is often wrong, and other book recommendations for the econ lover in your life
Reads on economic misunderstandings, the sources of Western prosperity, and slavery in the modern world.