It's sometimes hard to get top business executives to locate to Minnesota -- what with the cold weather and progressive income taxes -- but once they've lived here awhile, it's even harder to get them to leave. I've heard some version of that story many times in business quarters, most recently at a BioBusiness event in Rochester. Those of us who have lived elsewhere have theories about this. ... Read More
For a second consecutive year on Labor Day Sunday, I had the privilege of delivering the sermon at my Unity Church in St. Paul (Unitarian Universalist). I focused on the the great tradition of progressive capitalism in Minnesota, embodied by people like William Drew Washburn, the founder of the forerunner of General Mills and the founder of the First Universalist Society of Minneapolis, and the subject of Read More
Here's a round-up of some particularly good fodder for practical progressives in the news recently: Washington Post columnist Ruth Marcus is continuing to develop as a thoughtful centrist heir to David Broder and she really hit the mark with her recent commentary (headlined in the Star Tribune, "If taxes never go up, we go down''). Marcus nailed Gov. Tim Pawlenty for his recent statement implying that the U.S. has highe... Read More
The 66th anniversary of D-Day got me to ruminating on the tremendous sacrifice and the high tax rates that we imposed on ourselves during arguably our finest hours as a nation. It also got me to thinking about the funny numbers flying around these days about our governmental costs and obligations.The way Gov. Tim Pawlenty and other government-bashing politicos would do the math, our nation now has spent between two and three times more on our war... Read More
In an extraordinary conversation at the U of M last week (somehow completely missed by the Minnesota news media) renowned economist Hernando de Soto delivered a fascinating and disturbing theory about the root cause of the continuing global economic crisis.When the crisis exploded in the closing months of the Bush administration, de Soto said, he was stunned to hear the very top American financial regulators admit that they simply did not and cou... Read More
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