December 18, 2010
Mike HicksAll economists know that, at its core, inflation is caused solely by too much money chasing too few goods.
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December 11, 2010
Mike HicksThe Bush tax cuts in particular are politically charged. Many people want to see the rich taxed at higher rates, with little
regard for the impact on the economy.
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December 4, 2010
Mike HicksEstimates of the private-sector costs of civil litigation top out at about 2 percent of our gross domestic product, so for
every $50 spent in the United States, $1 goes to support legal costs and settlements.
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November 27, 2010
Mike HicksThe holiday season in the United States has morphed into a time of concentrated purchases.
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November 20, 2010
Mike HicksAs you will learn in any good high school economics class, everyone values the future less than the present.
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November 13, 2010
Mike HicksFixing schools won’t be easy, but it begins with an honest realization of the problem—not mendacious malarkey.
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November 6, 2010
Mike HicksFederal legislation dating from the Truman administration compels the Fed to try to achieve the lowest possible levels of
unemployment and inflation. Unfortunately, minimizing both is not possible.
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October 30, 2010
Mike HicksI think it is an idea that separates those who make decisions from those who want to talk about them and, in application,
is an idea that distinguishes serious from unserious people.
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October 16, 2010
Mike HicksThe failure of the American Recovery and Reinvestment Act to deliver us from high unemployment will provide research grist
for economists for decades to come.
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October 9, 2010
Mike HicksHe had been previously licensed to drive an M1 Tank and various smaller-tracked and -wheeled vehicles. Obtaining an Indiana
license, he thought, would be easy. It was not.
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October 2, 2010
Mike HicksFrom what I have seen and read, this documentary is destined to change radically our perception of schools, and those who
stand in the way of fixing them.
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September 25, 2010
Mike HicksIt is good to look back on the recession and think about where we've been and how this recession stacked up against others.
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September 18, 2010
Mike HicksThe problem is that the reasons for business-location decisions change from time to time.
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September 11, 2010
Mike HicksThe expiration of the Bush tax cuts this January will further slow the economy, perhaps deeply.
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September 4, 2010
Mike HicksFor labor unions to survive, they must follow the path of their more successful brethren in trade unions.
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August 21, 2010
Mike HicksIf you'd like to satiate your interest in the domestic automobile market, may I recommend three fine books?
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August 14, 2010
Mike HicksWhile the economy continues to recover, the pace is agonizingly slow. The reasons for this are becoming clear.
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August 7, 2010
Mike HicksThere are economic lessons here. The most important is that the value of things is necessarily determined by what is known
in econo-jargon as utility.
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July 31, 2010
Mike HicksWartime familiarity should make us more tolerant of our differences and care more for one another's children.
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July 24, 2010
Mike HicksIt begs the question, just what should economists be expected to know and how should we explain it?
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July 17, 2010
Mike HicksThe stimulus and array of bailouts have thus far done little to boost the economy. Neither is there good evidence they kept
things from getting worse.
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July 10, 2010
Mike HicksThe problem is that the tanning tax fails every single criterion of effective tax policy. It is narrow, easily avoided, suffers
high administrative costs, and distorts consumer and producer behavior.
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July 3, 2010
Mike HicksIn my line of work, I travel to many small towns. One eccentricity I indulge in on these trips is to drive around town
squares.
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June 26, 2010
Mike HicksWhen the Business Cycle Dating Committee of the National Bureau of Economic Research meets later this year or next, I believe
they’ll say the recession hit bottom in June or July of 2009. Recessions end when the economy bottoms out.
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June 19, 2010
Mike HicksThough I am no slave to fashion, summertime is a long occasion for the reading of good books.
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In my opinion the estridge companies are crooks. They filed bankruptcy on their 'track housing' side of the business two weeks before they closed on one of my clients' homes. When my client first interviewed Estridge as a builder 6 months before, they specifically ASKED about the solvency of their business, knowing that some builders were struggling. Estridge truly misrepresented their financial situation at that time. I suppose I am more unhappy with the whole system than I am with the builder because what the heck==you can file bankruptcy on 'track homes' but still keep building and make money off of 'custom built' homes??? How ridiculous! They are all homes. How can a company be allowed to bilk thousands of dollars from their subcontractors but still be allowed to build houses?? they should have been made to pay back all their unpaid contractors before being allowed to profit from building any more houses! This alone makes them and the system crooks in my eyes. I would never build an estridge home and I would not recommend for my clients either. If they were truly 'bankrupt' how could they afford to keep building homes anyway??? The whole system needs fixed.
I live a couple blocks east of the Angie's campus and my house is assessed for ~$160,000. If I could get that amount, let alone $384,000 (a 140% bonus), I'd sell in a minute. Either Angie's stockholders just got fleeced, or Angie's is getting about a 58% discount on their property taxes, if these properties are actually worth what they paid Mr. Oesterle for them. Which do you think is the case?
Perhaps the IMA board is really to blame! They agreed to hire Charles. They can't seemingly find donors among themselves, or bring in new blood that will support the museums operating budget with an expanded museum and money to provide curators with something to do (ie buy art). The headlines of disarray at the museum and mass firings are hurting the reputation of the museum for some time to come. If people on the board had misgivings, perhaps they shpuld have more forcefully opposed efforts that they have seemingly been unable to fund, like expansion and the costs it has created!
See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.