Why do central bankers never learn?
Fifty years ago today, Milton Friedman gave the lecture which dealt the death blow to the so-called Phillips Curve. Despite this, central bankers continue to act as though it exists.
Fifty years ago today, Milton Friedman gave the lecture which dealt the death blow to the so-called Phillips Curve. Despite this, central bankers continue to act as though it exists.
It’s impossible to get your arms around the reach and cost of the federal bureaucracy in our lives and pocketbooks. But a new analysis by a government oversight group provides…
Dear Friends, Thanks to friends like you the Center is finishing our best year yet! But we both know the stakes are high and there’s much more work to be done, so the…
In the name of “diversity,” a memo distributed by a U of MN employee at a lunch meeting told attendees Santa Claus, Christmas trees, and bows and wrapped gifts were…
When it comes to innovative ways to wring more revenue out of residents, you’ve got to hand it to Minneapolis. The Minneapolis City Council plans to hike utility bills next…
Economics is not the study of money but of human behavior. Specifically, it is about how people increase a sort of mental sense of well-being which economists call 'utility'. Money…
In 1980, Nobel prize winning economist Milton Friedman turned TV presenter. Over ten episodes, his PBS program Free to Choose explored the workings of the market economy and explained how…
A round-up of the last week’s economic news stories in Minnesota.
Northern Minnesotans looking to reverse the Obama administration’s last-minute arbitrary ban on mineral exploration just got an unexpected holiday gift out of the blue to the shock of just about everyone,…
How well is our state doing? People are voting with their feet.
The fatal derailment of the debut trip of Amtrak’s new Seattle to Portland “high-speed” route this week prompted national transit expert and critic Randal O’Toole to post the following commentary on…
The Republicans in Washington D.C. have passed the biggest overhaul of the federal tax code since Huey Lewis and the News were top of the Billboard Hot 100 with Stuck…
The deadly crash of the Amtrak Cascades line passenger train south of Seattle this week shines the spotlight on the government agency’s fatal ineptitude–again. Amtrak’s new CEO Richard Anderson, well…
A recent GenForward survey confirms support for school choice is high among Millennials across racial and ethnic lines. The bimonthly survey of Millennials is conducted by researchers at the University…
A recent report by 24/7 Wall Street named Minnesota the best governed state in the US. But how did they measure that? When you take a look at how they…
Minnesota scores a low rank for economic freedom. Its high tax burden is to blame.
Join Opportunity for All Kids and Center of the American Experiment for the second annual 7k for Kids Fun Run on Saturday, October 11th in Plymouth. There will be a…
Minnesota’s fraud problem made national headlines as criminals took advantage of our state’s generous welfare programs and lax oversight to steal billions of taxpayer dollars. Join American Experiment’s fraud expert…
As part of American Experiment’s Minnesota School Board Toolkit, this video walks through how to access reading and math proficiency results for a school or district.
Amidst mounting frustration with the state and national teachers’ union, a small group of teachers in Becker, Minnesota decided to try something different. They successfully petitioned the state to call…