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.
Current political debates about immigration rarely place the issues at hand into a broader, historical context.
Trade policy will always create winners and losers. The key is to mitigate the harms to the losers.
Trump and economic adviser Larry Kudlow want to draw us over to Bizarro World.
The Fed bases its decision on one theory of the relationship between unemployment and inflation. But that theory may be wrong.
Reads on economic misunderstandings, the sources of Western prosperity, and slavery in the modern world.
Advocates for tariffs need to answer two important questions.
With better employment growth and a slightly lower decline in wages, Minnesota outperformed its neighbors in the upper Midwest.
Minnesota’s slower growth has an explanation in economic theory — and it’s got nothing to do with taxes or regulation.
We should require from all of our candidates: specific goals with mainstream, realistic economic policies to meet them.
Market failures aren’t just limited to things like national defense.
The UK votes in a week on whether or not to remain in the European Union.
Minnesota’s budget outlook is cloudy. More legislating won’t help.
The airline is spending money to help solve a problem largely of the industry’s own creation.
The exponential rise in economic growth over the past 500–800 years had everything to do with spread of ideas in philosophy, politics, natural science, and social science.
The Minneapolis Fed president issued a direct challenge to the rules-based approach — pioneered by Minneapolis economists — that has dominated monetary policy for the last three decades.
Here’s what’s behind Russia’s ruble crisis and why Vladimir Putin is offering no change in his unstable policies.
Don’t buy your plane ticket just yet, though.
Kocherlakota faced the same problem faced by Gene Bartow when he succeeded John Wooden as UCLA’s basketball coach: you will always be compared with your predecessor.
These books can help anyone understand what economics is really about.