Despite much evidence that most Minnesotans don’t want tax money to go for a new Minnesota Vikings stadium, the odds seem to be in favor of a deal that would involve more than half a billion dollars of public money.…
Not even money market funds are risk-free
It’s midnight. Do you know where your money market mutual fund is? Just as with a teenager, your money may well be out somewhere you don’t like and doing something that would horrify you. Many people, especially in the upper…
Even in business, morality matters
Sometimes managers dare to step in where economists fear to tread. John G. Taft, CEO of Minneapolis-based RBC Wealth Management and author of “Stewardship: Lessons Learned from the Lost Culture of Wall Street,” thinks many of our current economic problems…
Much talk about the Fed and Bernanke, but…
Depending on who gets elected president this fall, our nation may write an interesting new chapter in monetary policy. Mitt Romney says he would replace Federal Reserve Chairman Ben Bernanke as soon as his term is up. Newt Gingrich says…