ST. PAUL LEGAL LEDGER CAPITOL REPORT The Harvard Business School recently published a paper, as part of its U.S. Competitiveness Project, headlined “Reinventing the Local Education Ecosystem,’’ analyzing a particularly ambitious national movement to improve educational and economic outcomes. The lengthy Wikipedia explanation of “ecosystem’’ is all about biology and the natural environment, of course. But th... Read More
ST. PAUL LEGAL LEDGER CAPITOL REPORT If you are wondering whether Minnesota really needed both a sharp increase in the minimum wage AND a Women’s Economic Security Act AND various measures to reduce racial disparities, there is a brand new 50-page report that deserves your attention. “Making Work Pay in Minnesota,’’ a comprehensive study issued at the end of the legislative session by the House Select Committee on Livi... Read More
ST. PAUL LEGAL LEDGER CAPITOL REPORT Wikipedia defines “social capital” as the economic benefit created when individuals and groups connect and cooperate with each other and thereby increase their productivity. Further inquiry reveals that this term is not just some new buzz-phrase concocted by do-gooders seeking racial harmony and multiculturalism. It is actually a timeless concept that was encouraged by the Founding Fathers, and... Read More
ST. PAUL LEGAL LEDGER CAPITOL REPORT Policy wonks are abuzz everywhere over French economist Thomas Piketty’s dense and monumental book, “Capital in the 21st Century,”and about the seeming inevitability of widening inequality under global capitalism. But a poignant scene in the movie “Inequality for All” brings home that reality in a way that charts and graphs can never capture. A struggling West Coast couple, ... Read More
ST. PAUL LEGAL LEDGER CAPITOL REPORT Pulitzer Prize-winning journalist Hedrick Smith made some waves in Minnesota recently with speeches and media appearances related to his most recent masterpiece, a book that serves as something of a socioeconomic historical whodunit, entitled “Who Stole the American Dream?” Most Minnesotans probably know a little something about how overall economic inequality has worsened over the last 40 year... Read More
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