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Columnist
Marcus is director emeritus of the Indiana
Business Research Center at the Kelley School of Business. He has contributed to local and state economic development efforts
since 1970. In addition to teaching economics at Indiana University for 33 years, Marcus has served six Indiana governors
as an adviser on taxation and economic development. None of his advice has been taken. Marcus was the governor’s liaison
to the U.S. Bureau of the Census from 1979 to 2003, has testified before Congress, appeared on the PBS “News Hour with
Jim Lehrer,” and consulted with firms and governments throughout the United States and in Southeast Asia. A native of
Brooklyn, N.Y., Marcus has earned degrees in economics from Roosevelt University in Chicago, Washington University in St.
Louis, and the University of California-Los Angeles. He and his wife, Rebecca, reside in Indianapolis. They have three children,
six grandchildren, six cats, a dog and a heavy mortgage.
Recent Articles
MARCUS: Lopsided population shift raises alarms
March 30, 2013
No one pays attention to a sentence buried in the middle of a recent news story out of Indiana University.
MoreMARCUS: A proposal to put young people to work
January 5, 2013
The Rockefeller Foundation has called for ideas that address the nation’s youth unemployment situation. Here are mine:
MoreMARCUS: Candidates silent on grave projections
September 29, 2012
In the decade of the Great Depression, the 1930s, the population of Indiana grew 5.8 percent. Later, in the 1970s, a decade
of great economic turmoil, the state’s population advanced 5.7 percent. The 1980s saw a strong recession and a subsequent
restructuring of American business; Indiana’s population grew a mere 1 percent.
MoreMARCUS: Labor's vast potential going to waste
August 4, 2012
Today, unions are being peeled so that they become smaller.
MoreMARCUS: Vouchers are fine, but about those details...
April 14, 2012
Without standards of performance, taxpayers sign blank checks while children are set up for future failures.
MoreMARCUS: Let's do away with child labor laws, too
January 7, 2012
Many parents would joyfully let their 14-year-olds become roofers, if it meant more money for meth.
MoreMARCUS: Consumer Price Index proposal costs little, saves a lot
July 30, 2011
For all of our philosophical pondering combined with our statistical cleverness, we cannot figure out what is “living”
nor determine its “cost.”
MoreMARCUS: New Hoosier motto could become 'Be less than you have been'
July 23, 2011
The U.S. Army says, “Be all that you can be.” Indiana is moving toward a different message.
MoreMARCUS: Multipliers are what you make them
July 9, 2011
New money will not necessarily mean new jobs at the beauty parlor or the barbershop if there are already empty chairs.
MoreMARCUS: Should we be offended by Times story?
July 2, 2011
Last month, The New York Times ran a story under the headline “Indiana: The Exception? Yes, but …”
The story gave a factual presentation of our state’s economic circumstances, but with an overriding sarcasm that left
a bad taste in Hoosier mouths.
MoreMARCUS: A tale of Colts, Packers and Longhorns
June 25, 2011
What we gain by having the Colts and Pacers is mainly a psychological benefit. We feel that we are big league because we have
big-league teams carrying our name.
MoreMARCUS: Hold the celebration; reality is just ahead
June 18, 2011
Frequently, Hoosiers ride as passengers in one of the front cars on the business roller coaster.
MoreMARCUS: Check out this regional cooperation
June 11, 2011
About 48 hours after the exciting finish of this year’s Indy 500 race, Mayors Wayne Seybold, R-Marion, and Greg Goodnight,
D-Kokomo, announced the formation of the Midwest Automotive Loop.
MoreMARCUS: Should we have commuting policies?
June 4, 2011
In 2009, 80 percent of Hoosiers worked in the county where they lived, with the other 20 percent going elsewhere to work.
Hardly a change from data 10 years earlier.
MoreMARCUS: Numbers say Indiana's economy isn't healthy
May 28, 2011
Usually, when an unemployed person gets a job, the number of people unemployed goes down and the number employed goes up.
That’s a healthy economy.
MoreMARCUS: Lies told about people paying income tax
May 21, 2011
“Liars!” I want to shout. People who lie deliberately and those who lie innocently afflict our nation with falsehoods.
MoreMARCUS: High school principals as economic drivers
May 14, 2011
From time to time, I am asked: “What is the best investment for Indiana’s economic development”? The answer:
our high-school-age young men and women.
MoreMARCUS: Manufacturing is economy's blessing, bane
May 7, 2011
Manufacturing alone accounted for 53 percent of the decline in what people earned at their private-sector jobs.
MoreMARCUS: Evansville is the least loser or best of the bad
April 30, 2011
Recent data from the bottom of the recession reveal all seven economic areas that include Indiana counties experienced declines
in per-capita personal income.
MoreMARCUS: Uptight music for uncertain times
April 23, 2011
The blues resonate with the tough people living tough lives.
MoreMARCUS: What is it worth? TV has the answer
April 16, 2011
Discovering value emerged as a TV staple long before the recent economic tsunami.
MoreMARCUS: No statistics on death by pothole
April 9, 2011
Nothing stirs the imagination like a near-death experience.
MoreMARCUS: The recovery is over ... or maybe not
April 2, 2011
The recession in Indiana and the nation lasted only three quarters. But the Hoosier recovery took six quarters.
MoreMARCUS: Training and education aren't same thing
March 26, 2011
Ignorant and bigoted people are encouraged to run for public office when they witness this dumbing-down of society.
MoreMARCUS: Opposing ideas need not demand respect
March 19, 2011
Failure to cooperate with an unethical power is a commendable ethical stand.
MoreMARCUS: Fewer Hoosier children means less retail
March 12, 2011
Indiana added 369,400 adults, compared with just 33,900 children, a ratio of nearly 11 to 1. This imbalance was hardly uniform,
but its consequences are important for all of us.
MoreMARCUS: The nightmare in my neighborhood
March 5, 2011
Clearly, any group of workers with incomes in excess of their proportion in the economy are villains.
MoreMARCUS: Debt and taxes are not the devil's doing
February 26, 2011
This national debt business is being overplayed. Critics characterize the debt as a giant burden, our most important national
issue. Borrowing for the future, however, makes good sense when the debt contributes to economic growth.
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Can IBJ please stop referring to this property as "Kessler Mansion"? What a ridiculous title for the biggest, bloated, blight in our city. It's not a mansion. At best, it's an ideal site to shoot low-budget porn. Ahhh! Another business use!
Its stories like these that prove that a Ball State diploma is worth less than the paper that its printed on. A real institution of higher learning would have taken care of this long ago. No way should this crap be taught in a SCIENCE class.
It is such a shame that King Ballard has made Indianapolis into Chicago south with all of the rampant corruption.
How many of these 1,259 bills were actually heard and voted on on the floor vs how many were shot down in committee?
When a an arrogant young guy with essentially no experience and no qualifications for the job, was dropped into an Administrator position out of nowhere by his "mentor" in the Mayor's office things seemed fishy. Sometimes things are what they seem.