When I learned of The St. Paul Cos.’ decision to move its reinsurance operations and 600 jobs to Bermuda, it reminded me of a question asked by a friend during a tour of the Duluth harbor. He noticed a ship…
Truthful disclosure critical to U.S. market economy
AOL Time Warner reports a net loss of $54.2 billion in the first quarter. This staggering number comes just a day after a news report that among the bankruptcies involving the 50 largest companies during the past five years, auditors…
Bad rules breed corruption
Minneapolis, dot grrreat zesspool tovard vitch all the filth of Minnesota efentually flows. I was around 10 years old when George, a recent immigrant and an elder in our Dutch Reformed church, delivered that assessment of Minnesota’s largest city. I…
Oil exports don’t guarantee high standard of living
Recent political events in Venezuela might seem to resemble the script of the film comedy “Moon over Parador,” but the reality is tragic. Behind the 50 or more lives lost in recent civic violence looms a larger tragedy of millions…