Five eminent economists at the University of Minnesota’s Humphrey Institute were surprisingly upbeat about the future, though some noted poverty and homelessness in Minnesota have spiked.
This Tuesday, on a day when the federal government announced it will pump a quarter-trillion dollars into our nation’s banks, four of Minnesota’s most prominent economists were by turns caustic and cautionary in their criticism of the federal response to changing financial markets and to the economic crisis that has spread across the globe over the past few weeks.
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