Economic Analysis

HICKS: Debt a bigger problem than who bought itRestricted Content

March 26, 2011
Mike Hicks
purchasing our debt and being our banker are different matters altogether.
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HICKS: Education reform deserves bipartisan supportRestricted Content

March 19, 2011
Mike Hicks
The goal of the legislation is to give public schools more incentives to improve.
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HICKS: Unfortunately, veteran tuition benefits must be cutRestricted Content

March 12, 2011
Mike Hicks
It's a wide entitlement program that will literally explode in the coming decades, since a third of all combat veterans will meet the disability requirements. It is not sustainable, and the Senate just tightened the requirements.
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HICKS: Telecom reform in Indiana workedRestricted Content

March 5, 2011
Mike Hicks
Deregulation of monopolies tends to almost always make consumers better off. Indiana’s broad and effective telecommunications reform of 2006 is a classic example of this.
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HICKS: Uncertainty always leads to oil-price fluctuationsRestricted Content

February 26, 2011
Mike Hicks
Being a commodity, changes to oil prices are frequent and instantaneous. Changes to supply or demand of petroleum in the Middle East affect the price at the pump in the Midwest within hours.
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HICKS: Productivity gains make for jobless recovery

February 19, 2011
Mike Hicks
It is an old story, but a nevertheless disheartening one. It is also a tale rich in its implications for young workers.
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HICKS: Trimming government fat tough, but necessaryRestricted Content

February 12, 2011
Mike Hicks
Recognizing inefficiency in government is far more difficult than rhetoric suggests. The private sector has the blessing of the profits to guide decisions.
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HICKS: Deciphering economy a confusing pursuitRestricted Content

February 4, 2011
Mike Hicks
A casual observer of news about economic indicators has more than enough reason to be puzzled.
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HICKS: President should focus on reducing debt burdenRestricted Content

January 29, 2011
Mike Hicks
What worried me most about the president’s speech was not what he said, but what he didn’t.
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HICKS: Economist job more exciting than most think

January 8, 2011
Mike Hicks
Recently, my wife has stopped calling me an economist. It is too hard to explain what I do, so she calls me a professor (which has far more cool points to Harry Potter or Gilligan’s Island fans).
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HICKS: Why economic forecasting is inexact scienceRestricted Content

January 1, 2011
Mike Hicks
Forecasts are primarily used as a tool to begin, not end, conversations about business and government matters.
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HICKS: Let's fight poverty, but also keep it in perspective

December 25, 2010
Mike Hicks
There is a certain poignant irony in the U.S. Census Bureau’s release of 2010 poverty statistics this Christmas week. It reminds us that, behind the green eyeshades of professional data collectors, the folks at the Census Bureau have an acute marketing sense.
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HICKS: Inflation delays visit, but it'll arrive eventuallyRestricted Content

December 18, 2010
Mike Hicks
All economists know that, at its core, inflation is caused solely by too much money chasing too few goods.
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HICKS: Tax-cut proposal probably a good compromiseRestricted Content

December 11, 2010
Mike Hicks
The 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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HICKS: The high costs of an over-lawyered societyRestricted Content

December 4, 2010
Mike Hicks
Estimates 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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HICKS: Thanksgiving, Black Friday and Cyber MondayRestricted Content

November 27, 2010
Mike Hicks
The holiday season in the United States has morphed into a time of concentrated purchases.
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HICKS: Discounting the future when making public policyRestricted Content

November 20, 2010
Mike Hicks
As you will learn in any good high school economics class, everyone values the future less than the present.
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HICKS: Educators must acknowledge need for reformRestricted Content

November 13, 2010
Mike Hicks
Fixing schools won’t be easy, but it begins with an honest realization of the problem—not mendacious malarkey.
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HICKS: Fed 'easing' into another stimulus planRestricted Content

November 6, 2010
Mike Hicks
Federal 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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This election, take note of 'opportunity cost'

October 30, 2010
Mike Hicks
I 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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HICKS: Why the stimulus didn't stimulate enoughRestricted Content

October 16, 2010
Mike Hicks
The 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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HICKS: Getting a driver's license in five not-so-easy steps

October 9, 2010
Mike Hicks
He 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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HICKS: An inconvenient truth about teachers' unionsRestricted Content

October 2, 2010
Mike Hicks
From 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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HICKS: The end of a recession doesn't feel like oneRestricted Content

September 25, 2010
Mike Hicks
It 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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HICKS: Variables cloud business-location question

September 18, 2010
Mike Hicks
The problem is that the reasons for business-location decisions change from time to time.
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  1. "bike lanes, specialized lighting, decorative signage, public art, grass medians, trees and rain gardens" These are all nice things to have, but can we freaking get the hundreds of potholes all over the city fixed first?!?!?!!?!?!

  2. When a criminal with multiple prior convictions serves five days of a one year sentence and later kills a police officer with a weapon illegally in his posession, residents of Boone County need to pay a tax to drive to work... PERFECT Progressive logic.. If, on the other hand, a fund were to be set up to build more prisons and hire more guards to keep the known criminals off the streets, I'd be the first to contribute.

  3. Not a word about how much the taxpayers will be ripped off on this deal. Crime spirals out of control and the the social problems that cause it go unheeded by an administration that does not give a rats behind about the welfare of our citizens. There is no money for police or plowing snow (remember last winter) or or or or, but spend on a sports complex, and the cash flows out of the taxpayers pockets. This city is SICK

  4. Sounds like a competitor just wanted to cause a problem. I would think as long as they are not "selling" the alcohol to the residents it is no different than if I serve wine to dinner guests. With all the violent crime happening I would think they should turn their attention to real criminals. Let these older residents enjoy what pleasures they can. Then again those boozed up residents may pose a danger to society.

  5. Where did the money go from the 2007 Income tax increase for public safety that the Mayor used to stir opposition and win the election and then failed to repeal (although he promised he would when he was running for election)? Where did the money go from the water utility sale? Where did the money go from the parking meter deal? Why does the money have all these funds for TIF deals and redevelopment of Mass avenue, and subsidy for luxury high rises, parking garages in Broad Ripple, and granola chain grocery stores but can not find the money to take care of public safety. Commuters shouldn't have to pay the tax of failed leadership in Marion County by leaders that commuters have no say in electing. Taxation without representation.

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