Economic Analysis

HICKS: Non-market valuation is an important planning toolRestricted Content

October 24, 2009
Mike Hicks
One of the more intriguing things economists are called upon to do is what is known as non-market valuation. This is a process for estimating a â??priceâ?? of something that isnâ??t typically bought or sold.
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HICKS: Flu season offers prelude to health care reformRestricted Content

October 17, 2009
Mike Hicks
This flu season looks to provide us an inkling of the real dangers inherent in large-scale health care reform, most especially a full-blown national health care option.
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HICKS: Labor market woes persist as recession wanesRestricted Content

October 10, 2009
Mike Hicks
So, the problem isn't necessarily a big spike in job losses, but in much lower job-creation numbers.
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HICKS: What a third-grader gets about economic policy

October 3, 2009
Mike Hicks
Business and people now, and in the future, will choose to locate in places that have the right mix of taxes and public services.
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HICKS: Stimulus job creation has been surprisingly small

September 26, 2009
Mike Hicks
Earlier this month, the Obama administration released its estimate of the impact of the fiscal stimulus on job creation.
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HICKS: Chinese tariff is misstep toward trade war

September 19, 2009
Mike Hicks
Just a short year ago, economists of all stripes voiced fears of a rise in economic protectionism like that which contributed mightily to the Great Depression.
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HICKS: Post-recession policies matter more than theory

September 12, 2009
Mike Hicks
There's a wonderful fight brewing between some of the world's best-known economists.
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HICKS: Card check folly and the demise of unionsRestricted Content

September 5, 2009
Mike Hicks
This Labor Day sees the American labor movement in serious decline. In fact, U.S. private-sector union membership has been in serious decline for three decades.
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HICKS: Clunkers popularity went beyond consumers

August 29, 2009
Mike Hicks
The Cash for Clunkers program has seriously challenged my high-mindedness. It is time for a bit of soul searching.
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HICKS: As classes begin, students have fresh opportunity

August 24, 2009
Mike Hicks
Classes start this week at Ball State University, and other colleges and universities across the country. For many, it is a bittersweet moment, as parents say goodbye to their now young adults, handing them over to professors and scarily youthful resident hall assistants for safekeeping.
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HICKS: Health care experts make poor economists

August 17, 2009
Mike Hicks
In almost every place that two or more Americans gather, health care is debated. Because the bills before Congress are inaccessible, the debate has shifted instead to principles such as the role of government and individual freedoms. I think this a healthy thing.
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HICKS: Indiana State Fair offers fun kind of economic stimulus

August 10, 2009
Mike Hicks
The Indiana State Fair is a great treat, but there’s a lot more to it than the food and fun. In 2008, more than 859,000 folks visited the fair. According to our estimates, spending at the fair last year led to more than $63 million in total economic activity.
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HICKS: Structural unemployment not always a burden

August 3, 2009
Mike Hicks
A few weeks ago, a couple of my economist colleagues took issue with the phrasing in one of my columns. In a rare turn of events, they are right, and I was wrong.
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HICKS: What happened in California could happen hereRestricted Content

July 27, 2009
Mike Hicks
California can no longer sustain its government. This is the lesson for Indiana.
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ECONOMIC ANALYSIS: Stimulus plan must work now ... or it never willRestricted Content

July 20, 2009
Mike Hicks
The postmortem and dissection of the federal economic stimulus plan have begun in earnest. The president has added to his woes by saying the stimulus will take years, not months, to work, and his chief economist managed to squeak out the headline or two that the worst is ahead of us.
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HICKS: Muncie's status quo is high taxes, poor service

July 13, 2009
Mike Hicks
Property-tax caps, as well as a dwindling population and commercial base, have left Muncie in the uncomfortable situation of cutting budgets. Since the bulk of costs are related to fire and police salaries, few options are available. The city has turned to the short length of rope the Legislature offered amid the debate on property tax caps—the Local Option Income Tax.
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HICKS: The gift of John Fisher went beyond businessRestricted Content

July 6, 2009
Mike Hicks
It would be artless this week to write an article on economics and business in Indiana without remarking upon the passing of John Fisher. Much has been written about his legacy over this past week, so I will make do with an anecdote and a lesson I have learned from him.
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HICKS: Certain unemployment causes worse than othersRestricted Content

June 29, 2009
Mike Hicks
Unemployment often is a necessary and natural part of a healthy economy. But job losses that come when workers or even entire industries become redundant are especially painful.
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HICKS: Recessions end, with or without government helpRestricted Content

June 22, 2009
Mike Hicks
The worst is likely behind us, but difficult times lie ahead, especially for the unemployed.
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HICKS: Muncie's budget woes point to a troubled systemRestricted Content

June 15, 2009
Mike Hicks
Yhe budget concerns that Muncie and other local governments face are really a circular problem. Taxes got out of hand largely because of an 18th century system of local government. That same system cannot fix the problem--for it is the problem.
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HICKS: Management's complicity with union doomed GMRestricted Content

June 8, 2009
Mike Hicks
General Motors Corp.'s bankruptcy marked the second-largest commercial failure in modern history. It is an opportunity for deep reflection.
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HICKS: Administration demonized 'investors' in Chrysler dealRestricted Content

June 1, 2009
Mike Hicks
Almost one-third of Chrysler's investors are schoolteachers, college administrators, firefighters and police officers. These "vultures" of Wall Street finance have seen the value of their hard work severely hampered by the Chrysler bankrutcy plan.
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Holiday a reminder of the value of public serviceRestricted Content

May 25, 2009
Mike Hicks
Many lament the loss of what might be called timeless values. I place these into two categories; both are exemplified and sustained by military service.
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State tourism advertising poses tough questionRestricted Content

May 18, 2009
Mike Hicks
If Indiana is to be marketed as a region, government will be the one to do it.
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EPA policies cannot force economic choicesRestricted Content

May 11, 2009
Mike Hicks
We are at a critical moment in environmental policy. We suffer a dearth of frankness on the matter that imperils the quality of our decision-making.
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