Economic Analysis columnist
Hicks is director of Ball
State University’s Center for Business and Economic Research and an associate professor of economics. He has a
bachelor’s degree in economics from Virginia Military Institute, and an M.A. and Ph.D. in economics from the University
of Tennessee. He has been on the faculty at Tennessee, Marshall University and the Air Force Institute of Technology.
Hicks has written two books, more than 25 scholarly papers and over 100 technical reports. His work extends from the
economic consequences of Hurricane Katrina and Wal-mart in local communities, to state taxation and federal environmental
policy. He has testified before the U.S. Senate, several state legislatures and in federal and state courts. Hicks
is an Army Reserve officer with 24 years of service, including combat and peacekeeping tours. He’s married to
the former Janet Thomas, and has a daughter and two sons.
E-mail: cber@bsu.edu
Recent Articles
HICKS: Policy choice boils down to austerity or austerity
May 19, 2012
The plain reality is clear: Austerity is coming to Europe, either as a planned and thoughtful exercise or through fiscal ruin.
MoreHICKS: European recession likely to affect U.S. economy, too
May 12, 2012
As disparate facts, the economic conditions in Europe and the United States are disconcerting. Taken together, they are frightening.
MoreHICKS: Debate rages on about role of Federal Reserve
May 5, 2012
The Employment Act of 1946 essentially required the Federal Reserve to do two mutually exclusive things: promote full employment
and keep inflation low.
MoreHICKS: Finding freedom through 'The Hunger Games'
April 28, 2012
What has kept me in a three-week state of shock is the message about values our kids are getting from this work.
MoreHICKS: Spending, debt influence long-run growth
April 21, 2012
But it is only during the depths of this type of recession (perhaps two in a lifetime) that the disagreement among economists
is so sharp.
MoreHICKS: Accounting mistakes and local government reform
April 14, 2012
The $206 million in late payments is about half the total tax revenue our state’s woefully mismanaged townships kept
sitting in the bank over the past several years.
MoreHICKS: Some types of unemployment signal progress
April 7, 2012
Structural unemployment is a byproduct of healthy technological progress, and those who can learn new skills flourish.
MoreHICKS: The joke's really on us with Social Security
March 31, 2012
If treated as a financial investment, Social Security is a really effective way to destroy wealth.
MoreHICKS: State smoking ban recognizes value of life
March 24, 2012
The workplace smoking ban signed by Gov. Mitch Daniels this week was a much-needed law. Of course, my Libertarian friends
will object to its intrusion on liberty, and my leftist friends will say it didn’t go far enough. To them I ask, “What
are you smoking?”
MoreHICKS: Value proposition should drive higher ed debate
March 17, 2012
Even with higher tuition, college students are still flocking to campus. The real problem isn’t increasing costs, but
uncertain benefits.
MoreHICKS: Manufacturing industry is alive and well
March 10, 2012
America has always been a place where we make things. In fact, 2011 was a record year for manufacturing in America, as will
be 2012 and 2013 (all in inflation-adjusted terms).
MoreHICKS: Gas prices likely to influence presidential race
March 3, 2012
Late last month, our president gave what was billed as an important speech about gas prices. It was that and more.
MoreHICKS: Upcoming election to influence corporate tax cuts
February 25, 2012
Obama’s plan is to eliminate loopholes for energy companies and create new ones for manufacturing firms. The condition
of the 2012 electoral map should make his motivations clear.
MoreHICKS: Imperfect markets influence economic growth
February 18, 2012
Markets rule supreme, but they also work imperfectly and will do so as long as humans themselves remain imperfect.
MoreHICKS: It's time for labor unions to make some changes
February 11, 2012
How is it, I wonder, that an employment contract between willing parties could get to the point where either side is viewed
as an enemy?
MoreHICKS: Field research sheds light on Super Bowl impact
February 4, 2012
My two sons and I headed to Indianapolis’ Super Bowl Village recently for some field research.
MoreHICKS: Measuring intangibles part of economist's job
January 21, 2012
A frequently heard criticism of economic analysis is that it focuses only on those things that can be easily measured. This
is an astonishing and vacuous censure championed largely by the innumerate among us.
MoreHICKS: What to expect from right-to-work legislation
January 14, 2012
It would be a long way from simply naïve to suppose that my study would alter any decisions about the divisive right-to-work
legislation pending in Indiana.
MoreHICKS: Job prospects should factor into student loans
January 7, 2012
College education is expensive (mostly due to foregone earnings), but in terms of expenses, paying tuition for state schools
is far less than half the cost of going to college.
MoreHICKS: Predictions can be wrong, but analysis valuable
December 31, 2011
The new year is a time of reflection. For someone who comments on the economy and provides analysis and forecasts, it should
be a time to take stock and be honest about where I was right and wrong.
MoreHICKS: An open letter to an elf from an economist
December 24, 2011
Last year, you brought me coal; this year, could you fill my pickup truck with gasoline instead?
MoreHICKS: Is U.S. economy example of capitalism or free market?
December 17, 2011
For some time, I have been unhappy with using the term “capitalism” to describe the ascendant form of economic
organization. I prefer “free market” to describe the workings of the United States and much of the world.
MoreHICKS: Monetary policy for our times may involve trade-offs
December 10, 2011
This week, Charles Evans, president of the Federal Reserve Bank of Chicago and leading contender to replace Ben Bernanke as
Fed chairman, visited Muncie to give an important speech on moving the economy past the recession.
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Back in my teens/early 20s, Chicago's in Greenfield was a spot where my friends and I ate on a constant basis. Chicago's has always offered good pizza and bread sticks, but after getting married and buying a home, their prices and locations have made it so I would only get their pizza once every three years. They have expanded into McCordsville, but sadly closed the downtown Indy store years ago (this was the coolest layout for a restaurant in my opinion).
Just recently we decided to try Chicago's at the old Greenfield location. While it was clean, they haven't updated much over the last five years or so. Still the same layout, booths, tables, etc.. I made a comment to my wife about how that place hasn't changed in years. Good to see they are doing well enough to build a newer building.
INDIANA CASINOS ARE TIGHT. OTHER OUTSIDE CASINOS HAVE WINNERS ALL DAY LONG. PEOPLE HIT REGULARLY AT OUTSIDE CASINOS, INDIANA CASINOS HAVE FEW WINNERS ESPECIALLY THE LARGER JACKPOT WINNERS. PEOPLE ARE NOT WINNING ENOUGH AT INDIANA CASINO , SO THEY ARE NOT FUN TO VISIT. I,D RATHER TRAVEL TO OUTSIDE CASINO AND TAKE THE CHANCE ON WINNING AND HAVING FUN DOING THAT , THEN TO KNOW THAT YOUR CHANCES AT WINNING AT A INDIANA CASINO AREFAR AND IN BETWEEN.
record low crowd and a record low TV audience.
for an IRL carb day. Like a record tv number,,,,that would be soooo hard
For those of you who think the state didn't do as much as they should...the state did $6M more than they should!!! As a taxpayer I am opposed to the $6M!!!