Economic Analysis

HICKS: Some additional clarity on gender and payRestricted Content

October 27, 2012
Mike Hicks
The facts by themselves offer no cause or understanding of the issue, much less an explanation of potential policy interventions.
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HICKS: Is family composition an economic issue?Restricted Content

October 20, 2012
Mike Hicks
The proximal causes of poverty—dropping out of school (one in five kids) and single parenthood (two in five kids)—are best described as failures of families.
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HICKS: No lying, just bad news, in U.S. job numbersRestricted Content

October 13, 2012
Mike Hicks
Let me dispel the myth of a conspiracy to rig unemployment numbers. I have two reasons to know these data are not contrived.
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HICKS: Bernanke sheds light on Fed during Indy speechRestricted Content

October 6, 2012
Mike Hicks
Federal Reserve Chairman Ben Bernanke spoke in Indianapolis on Oct. 1, and I was lucky enough to sit with a group of smart folks during his talk. I found three elements particularly interesting.
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HICKS: Immigration brings hope to the MidwestRestricted Content

September 29, 2012
Mike Hicks
No new business employing U.S. citizens will heal urban decay in many Midwestern cities.
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HICKS: Teach teachers to value performance evaluationsRestricted Content

September 22, 2012
Mike Hicks
If schools are to get better—and they must—we’ll have to ask more of teachers, parents and students as well as taxpayers.
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HICKS: Corporate greed an easy target for criticismRestricted Content

September 15, 2012
Mike Hicks
A reader recently suggested that I write a critique of corporations akin to that offered for unions. That is a fine idea, so I will begin with a couple of points:
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HICKS: Global slowdown makes its way to WyomingRestricted Content

September 8, 2012
Mike Hicks
Federal Reserve Chairman Ben Bernanke recently spoke of a slowing world economy at the annual fete of world economists in Jackson Hole, Wyo. His speech was the typical measured prose of someone whose choice of adverbs has the capacity to send markets diving. However, to an experienced listener, two interesting tidbits emerged.
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HICKS: Observing the transformation of unions on Labor Day Restricted Content

September 1, 2012
Mike Hicks
In this column, on a sunny Labor Day five years past, I asserted that the American labor movement was dead. Given what has transpired since, it would appear my diagnosis was a bit optimistic.
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HICKS: The arts matter ... when art lovers are freeRestricted Content

August 25, 2012
Mike Hicks
The measurement of value in an artistic endeavor will always lie in the hearts of men and women.
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HICKS: College diplomas are worthless, but education pricelessRestricted Content

August 18, 2012
Mike Hicks
This week, students are arriving at my university and others. I believe this is a good time to say something both provocative and nuanced: A college diploma is virtually worthless.
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U.S. economic recovery weakest since World War II

August 16, 2012
Associated Press
The recession that ended three years ago this summer has been followed by the feeblest economic recovery since the Great Depression. Growth has never been weaker in a postwar recovery. Consumer spending has never been so slack. Only once has job growth been slower.
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HICKS: All this clucking over chicken reveals fallaciesRestricted Content

August 11, 2012
Mike Hicks
The hullabaloo over gay marriage and Chick-fil-A exposes three astonishing falsehoods of modern political economy that distract us from weightier issues.
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HICKS: Reflecting on a half century of economic growthRestricted Content

August 4, 2012
Mike Hicks
This summer marks the 50th year of Walmart, America’s manned space exploration and—youthful appearances notwithstanding—your columnist.
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HICKS: Short-term fixes unlikely to ease downturnRestricted Content

July 28, 2012
Mike Hicks
Almost all the economic forecasts that appear monthly or quarterly have been revised downward, some for the third time. And the smallest tidbit of good news dominates the news cycles without moving financial markets
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HICKS: Job creation, destruction not mutually exclusiveRestricted Content

July 21, 2012
Mike Hicks
I am always saddened and more than a bit disappointed when I hear politicians promise to create jobs.
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HICKS: To tax or spend? That is the question for governmentRestricted Content

July 14, 2012
Mike Hicks
There is a great (and vituperative) disagreement on government’s role in stabilizing a recession.
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HICKS: Smart cuts won't hit all government workersRestricted Content

July 7, 2012
Mike Hicks
Few governments, and none in Indiana, can now afford to continue doing things the private sector does.
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HICKS: EU crisis makes bad U.S. job market look goodRestricted Content

June 30, 2012
Mike Hicks
Make no mistake: 150,000 new jobs ain’t good news.
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HICKS: Here's hoping for taxes for all Americans in 2013Restricted Content

June 23, 2012
Mike Hicks
I believe we ought to raise taxes to finally end the soothing falsehoods that surround our tax policy—especially what are called the Bush tax cuts.
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HICKS: Fathers influence the personal discount rateRestricted Content

June 16, 2012
Mike Hicks
It is quite easy to do things when young and inexperienced that severely limit one’s long-run options.
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HICKS: Failure of public unions is good for countryRestricted Content

June 9, 2012
Mike Hicks
This week’s recall vote in Wisconsin has been heralded by many observers as a forecast of the presidential election. I think they are wrong. It is far more consequential.
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HICKS: UL model could fix financial regulation morassRestricted Content

June 2, 2012
Mike Hicks
We need a compromise that preserves innovation and mitigates the tendency for the sort of moral hazard that fueled the last recession.
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HICKS: Lasting meaningful change requires patience, fortitudeRestricted Content

May 26, 2012
Mike Hicks
This new birth of freedom is the largest in human history, and only a handful of truly totalitarian states still linger today.
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HICKS: Policy choice boils down to austerity or austerityRestricted Content

May 19, 2012
Mike Hicks
The plain reality is clear: Austerity is coming to Europe, either as a planned and thoughtful exercise or through fiscal ruin.
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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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