Few important economic questions are all or nothing. Rather, the issue usually is ‘how much.’ A recent letter to the editor serves as an example: ‘Not only will going green, along with the proposed cap and trade, destroy commerce, trade…
What, us worry? Financial folly tales
The list reminds one of Cole Porter. Moroccans do it and Greeks do it, Thais do it and Koreans do it. Some Argentines without means do it. Even Finns, Brits, Yanks and Swedes do it. No, I’m not talking about…
Jobless and not looking? They’re not counting you
It is understandable if the average citizen is confused by the latest data about jobs in Minnesota. From August to September, the number of people with nonfarm jobs dropped by some 12,000. But while the number of jobs dropped, so…
One-size-fits-all subsidies ultimately harm an industry
This generally is due to a simple lack of information. But if you see it in a congressional news release, be on your guard for intentional misrepresentation. When politicians call for subsidies to a particular industry because the market price…