In a good society, there’s a role for an effective (and limited) government, but also for a vibrant commercial sector as well as people who provide valuable work for no compensation at all. One such person is Lawrence Linkert, who has been something approaching a one-man cemetery society in Eagan. The Sun Current newspapers have [...]
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Archives for March, 2011
California, Here We Come?
Just how unrealistic is Minnesota’s expectation that its major pension plans will earn an investment return of 8.5 percent per year? Consider this: Of 126 major public plans across the country, only one out of ever ten expects that return. The rest anticipate less. So says the Wall Street Journal, which collected information from two [...]
Price Controls on Debit Cards: The Minnesota Angle
We’ve been following the fate of the Durbin Amendment because with its price controls and favoritism, it’s a great example of a bad policy. It also has a Minnesota angle, too, as a recent editorial in the Star-Tribune mentions. The editorial supports a delay in the implementation of the Durbin Amendment, something I wrote about [...]
tags: Durbin Amendment
