U.S. Department of Education Secretary Arne Duncan, addressing a hotel banquet room in Minneapolis packed with the nation's top state education officials, said Friday morning that college leaders and K-12 leaders "have frequently acted as if they occupy different universes.''Duncan said both have to work much more closely together if the United States expects to achieve the goal set by President Obama of regaining its standing ... Read More
University of St. Thomas finance professor John Spry asks whether Minnesota should follow Rhode Island's "bold" tax reform.Perhaps the real question is whether a bill that unanimously passes both houses is as bold as it looks.The reforms include cutting the state's top marginal income tax rate from 9.9 percent to 5.99 percent, reducing the number of tax brackets from 5 to 3, and raising the personal income tax standard deduction while... Read More
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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
"Region: Planning the Future of the Twin Cities,'' is an impressive new policy textbook, hot off the University of Minnesota Press, that surveys the state of the metropolitan area and offers prescriptions for smarter growth and reducing racial and economic segregation. The book, co-authored by metropolitan governance experts Myron Orfield and Thomas F. Luce, Jr., belongs on the desks of Minnesota policy enth... Read More
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