ST. PAUL LEGAL LEDGER CAPITOL REPORT Joseph E. Stiglitz was a rising star in the field of economics and the author of a textbook, “Economics of the Public Sector,” for a graduate course that I was privileged to audit as part of a journalism fellowship at Stanford University in the early 1990s. That well-worn textbook is still in easy reach on my shelf, in part because since then, Stiglitz has grown enormously in stature. He won th... Read More
That anti-government refrain about Minnesota being too generous for workers — and thus, bad for business — always tends to grow louder as temperatures and political campaigns heat up. But so far this summer we seem to be hearing a little less exaggerating about all our “successful” people and businesses packing up and moving to low-tax states like Florida. It could be that all the economic news and statistical evidence... Read More
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 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 A recent report by the national research group PolicyLink features three maps showing Minnesota’s changing demographics over the course of 60 years, with each of our state’s 87 counties shaded to indicate the evolution of our diversity. Source: Policy Link, U.S. Census Bureau, Woods & Poole Economics. The 1980 map is almost all homogenous, with people of color comprising more than... Read More
Web Development by Creative Arc, a Minneapolis Web Design firm.