Real

Edward Lotterman Hubris might be defined as “excessive pride leading to 1’s downfall.” Take, for instance, Bob Woodward’s 2000 book “Maestro,” which lauds Alan Greenspan as an unparalleled manager of the U.S. economy. Not surprisingly, that creator and book also serve...

The Metropolitan Council, the seven-county metro’s regional planning agency, approved a series of grants this week to back inexpensive housing and job creation, much of it along transit corridors. One set of “Livable Communities” grants will support transit-oriented development in...

Edward Lotterman There are complex interactions between nations’ economic interests and the foreign policies that they pursue. Advantages to at least one nation’s own economy are essential aspects in the way it interacts with others. Yet economic advantage is rarely...

Edward Lotterman Many individuals think that the U.S. economy is in terrible shape – no matter highly positive numbers for unemployment, growth in jobs and in the worth of output of products and services. Although consumer prices increased only 3%...

Edward Lotterman The victory last week of eccentric populist politician Javier Milei in Argentina’s recent presidential election is more necessary to our country than it may appear to most of us. That's because after we take a look at Argentina, much...

Edward Lotterman Utter nerve! Gall! Chutzpah! Shamelessness! Even with multiple thesauruses, it’s hard to explain the extent of cynicism in modern corporate communications. This rant is prompted by recent propaganda from Goldman Sachs alerting the world about threats small businesses face from...

Edward Lotterman Is U.S. agriculture losing out globally? Yes and no. Global grain and oilseed markets are in flux due to a type of quadruple witching hour of short- and long-term aspects: currency exchange rates, global unrest, changing political alliances, technologies...

Edward Lotterman “Capitalism is a strategy of creative destruction,” in line with Austrian-American economist Joseph Schumpeter. Yet “capitalism” is such a loaded term, together with “socialism,” that I avoid using it. So think “mixed-market economies” as a substitute. Often, the advantages from...

Rep. Dean Phillips REUTERS/Reba Saldanha Welcome to the Glean, MinnPost’s twice-daily roundup of Minnesota news. The Each day Beast is reporting Rep. Dean Phillips owns three properties through a secret holding company that he has not disclosed to Congress. One in every...

Edward Lotterman Bonds are within the news — and their fluctuations in yields and price are influencing stocks and the general economy. But even those that understand what’s occurring can have a tough time explaining how this affects the “real world”...