Economic Analysis

Build your economy by assessing communityRestricted Content

May 4, 2009
Mike Hicks
Hard times present a fitting opportunity for communities to engage in useful self-reflection. In this case, deep thinking on the regional economy could best be served by focusing on the fundamentals first, not the outcomes.
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'Buy local' offers no protection for bad businessesRestricted Content

April 27, 2009
Mike Hicks
These days, the "buy local" crowd seems to have a stronger voice. I am gleeful about this for a variety of reasons, but it is helpful to view some of their claims with a bit of skepticism. At least that is what economists should do.
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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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Youth program may promote sense of purposeRestricted Content

April 6, 2009
Mike HicksMore

Clawback provisions won't hurt biz attractionRestricted Content

March 30, 2009
Mike Hicks
House Bill 1338 introduces a change to many (but not all) of our state's tax incentives, adding what is known as a "clawback" provision, offering a reasonable and fair adjustment to our current tax incentives.
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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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CAFE standards not as effective as gasoline taxRestricted Content

February 23, 2009
Mike Hicks
The Obama administration recently reversed a Bush-era policy that prevented states from imposing some of their own environmental policies with respect to corporate average fuel efficiency, or CAFE, standards.
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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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Communities making tough choices will be better offRestricted Content

December 1, 2008
Mike Hicks
During the coming weeks, a number of Indiana cities and counties will be coming to terms with their new budget realities.
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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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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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  1. why oh why does this state continue to elect these people....do you wonder how much was graft out of the 3.8 billion?

  2. i too think this is a great idea. I think the vision and need is there as well. But also agree with Wendy that there may be better location in our city to fulfill this vision and help grow the sports of hockey and figure skating in Indy. Also to help further develop other parts of the city that seem often forgotten. Any of the other 6 townships out side of the three northernmost could benefit greatly from a facility and a vision like this. For a vision that sounds philanthropic, the location is appears more about the money. Would really like to see it elsewhere, but still wish the development the best of luck, as we can always use more ice in the city. As for the Ice growth when they return, if schedules can be coordinated with the Fuel, what could be better than to have high level hockey available to go see every weekend of the season? Good luck with the development and the return of the Ice.

  3. How many parking spaces do they have at Ironworks? Will residents have reserved spaces or will they have to troll for a space among the people that are there at Ruth Chris & Sangiovese?

  4. You do not get speeding ticket first time you speed and this is not first time Mr.Page has speed. One act should not define a man and this one act won't. He got off with a slap on the wrist. I agree with judge no person was injured by his actions. The state was robbed of money by paying too much rent for a building and that money could have been used for social services. The Page family maybe "generous" with their money but for most part all of it is dirty money that he obtained for sources that are not on the upright. Page is the kind of lawyer that gives lawyers a bad name. He paid off this judge like he has many other tine and walked away. Does he still have his license. I believe so. Hire him to get you confiscated drug money back. He will. It will cost you.

  5. I remain amazed at the level of expertise of the average Internet Television Executive. Obviously they have all the answers and know the business inside and out.

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