You may not have noticed, but we’re in the middle of an undeclared grocery price war in the Twin Cities metro area. The two principal low-cost food chains are advertising and discounting heavily. This engenders responses on the part of…
Media need to know value of dollar vs. trade deficit
Some members of the financial press continue to flub international economic issues. Consider an Associated Press article published in this newspaper on Tuesday. Under the headline of “Dollar still lags against euro, yen,” it states: “The dollar continued to languish…
Sports spending smart?
“I would often go a whole semester without a single parent contacting me to express concern about how their child was doing in one of my courses. But I can’t remember coaching a single basketball game where I didn’t get…
Telecom boom’s bust has basis in economic history
The telecommunications sector is in the doldrums, alarming some analysts and those investors who put major portions of their net worth into firms such as 3-Com, Worldcom, ADC Telecommunications, Sprint and even AT&T. The good news is that a severe…