When Alan Greenspan has a nightmare there’s a good chance “sub-prime lending” is at the center of the dark plot that’s unfolded in his subconscious. Sub-prime lending refers to risky loans made to individuals. They include home equity loans that…
Rankings provide information, but not all information is equal
Will Caitlin get a better college education at Oberlin or Concordia? Should Johnny try for an Ivy League school or take the badminton scholarship from Podunk State? Is the business climate better in North Dakota or South Dakota? Are conditions…
Foreign sales break isn’t worth a fight
“You gotta know when to hold ‘em, know when to fold ‘em.” Congress and the Bush administration should heed the wisdom from this Kenny Rogers hit as they react to a ruling made public this week by a World Trade…
Putting a cap on salaries, fees doesn’t work in tight labor market
Some conservatives like to cite the adage that no one’s life or property is safe while the Legislature is in session. I usually dismiss that sentiment as anti-government cant. But then the Minnesota Legislature comes along and makes a fool…