Economic Analysis

Cap and trade could be double-edged swordRestricted Content

April 20, 2009
Mike Hicks
Cap and trade could lead us to a much cleaner, more prosperous future or it could devastate our economy.
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The tax system has fluctuated throughout the agesRestricted Content

April 13, 2009
Mike Hicks
Let's reflect on the origins of the current income tax system to help understand it better.
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Bonus outrage poor excuse for good public policy

March 23, 2009
Mike Hicks
The wages paid by a company to its employees are a distinctly private matter.
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Improving livability is economic developmentRestricted Content

March 16, 2009
Mike Hicks
I am often asked the seemingly simple question, "Just what is economic development?"
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Answer to stimulus formula equals inflationRestricted Content

March 9, 2009
Mike Hicks
When economists worry about the health of the banking system, it is primarily because we are concerned with a stable velocity of money.
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Market, not bailouts, should stimulate refinancingsRestricted Content

March 2, 2009
Mike Hicks
Markets, no matter how imperfect, not government programs, manage the economy.
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Stimulus just way too big to spend this yearRestricted Content

February 16, 2009
Mike Hicks
After much debate, the U.S. House and Senate have come together on a stimulus package. Whether it will work remains to be seen. And the long-term impact of spending nearly $800 billion is a big concern.
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Unemployment data paints worrisome pictureRestricted Content

February 9, 2009
Mike Hicks
The most recent data on the U.S. economy continues to be worrying, but a little context remains helpful.
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Proposed fiscal stimulus package has high costsRestricted Content

February 2, 2009
Mike Hicks
Expeditious and clever spending on roads, infrastructure and, in the half-dozen states where it is possible, a tax cut will determine the success of the stimulus plan.
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'Sticky prices' help explain reasons behind downturnRestricted Content

January 26, 2009
Mike Hicks
Many folks have noted that gasoline and food prices have come down more slowly than they rose. Economists call these "sticky prices," and they are a lot like the extra pounds many of us packed on during the holiday —they come off a lot more slowly than they came on.
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New leadership brings hope and challengesRestricted Content

January 19, 2009
Mike Hicks
Growing up in the Washington, D.C., area, I always recognized the importance of Inauguration Day. Schools were canceled, and it was my younger brother's birthday. A new presidency was always a celebration.
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Speed is critical to success of stimulus planRestricted Content

January 12, 2009
Mike Hicks
All the serious talk in Washington for the next few weeks will center on an economic stimulus package. Up to now, the argument has been for an extensive (perhaps a $1 trillion) program.
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College-affordability debate focusing on wrong issuesRestricted Content

January 5, 2009
Mike Hicks
College affordability has gained a lot of attention over the past few years, but I am not sure that the simple focus on costs is the right way to think about the problem.
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UAW in tough spot as automakers seek concessionsRestricted Content

December 29, 2008
Mike Hicks
A federal bailout for automakers Chrysler and General Motors won't fix their problems. I think a bankruptcy of these companies is nearly inevitable. It might also spell the demise of the UAW.
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Economist puts present economy in historical perspectiveRestricted Content

December 22, 2008
Mike Hicks
The clouds of darkness will pass, fear will be removed, and the light of the season will linger in those who seek it.
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Steepest job losses of recession are occurring nowRestricted Content

December 15, 2008
Mike Hicks
Ball State University's Indiana econometric model predicts that earnings in all of Indiana's major economic sectors except health care will decline in the next three months.
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Worst fallout to come in waning days of recessionRestricted Content

December 8, 2008
Mike Hicks
The Dec. 1 announcement by the Business Cycle Dating Committee of the National Bureau of Economic Research officially dated the recession back to the fourth quarter of 2007.
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Thanksgiving a time to reflect and cherish memoriesRestricted Content

November 24, 2008
Mike Hicks
Holidays are great fun, but Thanksgiving brings the most memories.
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Budget cuts threaten local economic data analysisRestricted Content

November 17, 2008
Morton Marcus
Budget cuts could eliminate programs that gather and analyze local and state economic data. This would hurt businesses and economic development officials, since they would not have the data that helps them see how their market differs from the state and the nation.
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Changes in public policy don't get at root of povertyRestricted Content

November 17, 2008
Mike Hicks
The fixes for poverty, and low-wage workers, are hard, deliberate and done family by family. This is why the cost of the welfare program reforms implemented in 1996 didn't plummet with lower enrollment.
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Economists research, analyze trendsRestricted Content

November 10, 2008
Mike Hicks
Most economists spend some time teaching, but the vast majority of our time is spent doing research.
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Duke founder Wynne loses out using company stock as collateralRestricted Content

November 3, 2008
Greg Andrews
Retired businessman John Wynne, one of the founders of Duke Realty Corp., is the latest executive to get burned after using company stock as collateral for a multimillion-dollar loan in his investment account.
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Vote only if you've studied the issues carefullyRestricted Content

November 3, 2008
Mike Hicks
If you haven't learned about the crucial issues that our country and state face, don't vote.
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  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

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