Though it isn’t good news for many older women, Minnesota flax growers are noticeably happier since new scientific evidence emerged that hormone replacement therapy carries more dangers than originally thought. Meanwhile, economists are taking note of a significant “demand shift.”…
Bailouts are nice but they don’t solve problems
Amid news of political campaigns, volatile stock markets and the Middle East, it has been easy to miss the worsening economic and political problems in Uruguay, Brazil and Paraguay. But the situation is dire, and questions have arisen over the…
Roseau deserves better
Roseau is getting a raw deal from the state of Minnesota. But since the term “raw deal” is not in the dictionary of standard economist’s jargon, let me phrase it another way: Minnesota’s failure to provide substantial state aid to…
Be content with average market performance
In this time of slumping equity markets, many Americans need to learn some simple lessons about investing. Perhaps the most important lesson is not to get trapped by unrealistic expectations. And it is unrealistic for any individual to expect equity…