A person’s reach

"Ah, but a man's reach should exceed his grasp,. Or what's a heaven for?" -- Robert Browning I first read this quote in Elmer Andersen's memoir A Man's Reach (with Lori Sturdevant) and it has stuck with me. It applies well to William E. (Bill) Clemens, benefactor of the St. Cloud area, generally, and the College of Saint Benedict and Saint John's University (CSB|SJU), in particular. Clemens … [Read more...]

What’s up with the labor market?

The latest numbers for the national labor market came out this morning and they look good.  The headline figures: 4.9 percent unemployment and 242,000 jobs created in February. There’s lot of detail that gets overlooked in the headlines, so let’s take a look at a couple additional measures; the complete release is available here. Headline unemployment versus other measures  (click to … [Read more...]

Econ in English: Tax policy

Tonight is my second Econ in English session of the semester.  I spend 10-15 minutes putting an economic issue into context (e.g. tax policy, the role of the Federal Reserve) and then another 45-50 minutes answering audience questions on the topic.  I enjoy it and invite anyone (not just CSB|SJU community members) to join us. Here is one of the pictures I'll use tonight: If you want to … [Read more...]