Capital markets work best when participants have the most accurate information possible. Economic efficiency suffers when some people in a market can deliberately misinform other people. It makes us all poorer. That is why Congress should pass a strong Truth-in-Mutual…
You’re a mean one
There are economists who argue that holiday gift giving may make us less happy — not more. I doubt they are entirely correct, but following their argument provides some interesting insight both into how economists think and into the role…
No credit if they don’t make the grade
Let’s commend Minnesota Attorney General Mike Hatch for raising the issue of abusive credit card lending to college students. What he can do is limited, but Congress should pick up the ball. The problem of college students digging themselves into…
Economist view of booya hoo-ha
Oh, for Pete’s sake. Other Pioneer Press readers may have had the same reaction this week when they learned that St. Paul’s booya kettles no longer are deemed safe and may not be used. Is this another example of what…