Property taxes certainly excite the passions, at least judging by the spate of communications I have received – positive as well as negative – in reaction to columns that I and my counterpart Joe Soucheray wrote recently. Before we move…
Often, the market is already a step ahead of you
Fevered controversies about economic policies often constitute much ado about nothing. That’s because market outcomes often automatically offset things about which people waste much time wringing their hands. At least that is the way economists look at markets – as…
Lake Pepin problem goes deeper than sediment
Lake Pepin is filling with sediment, slowly but steadily. That hurts Minnesotans and Wisconsinites in particular. Yet, the only policy measures currently available to reduce this are unfair and economically wasteful. This need not be. Twenty years ago, the nation…
Property taxes prove to be a reasonable burden
My fellow columnist Joe Soucheray thinks that property tax increases in St. Paul are too high, that they reflect bloated government and that they may drive people out of the city, turning it into another Detroit. I disagree, for reasons…