Economic Analysis

Hicks: Two excellent choices for Bernanke successorRestricted Content

August 10, 2013
Mike Hicks
A great debate under way regarding the successor to Federal Reserve Chairman Ben Bernanke seems to come down to economists Lawrence Summers or Janet Yellen. The debate is full of interesting insight but it’s the immediate challenges of the Fed that matter more.
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Hicks: Stamp out mediocrity in education collegesRestricted Content

August 3, 2013
Mike Hicks
Over the past two years, Indiana has replaced licensing and compensation rules for public schoolteachers that required degrees exclusively from teachers colleges.
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Hicks: China's economy colliding into great wallRestricted Content

July 27, 2013
Mike Hicks
For more than three decades, China’s economy has dazzled observers, with annual growth frequently sneaking into double digits. But the wide-eyed narrative of boundless wealth that has accompanied this growth is suffering a couple of hiccups.
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Hicks: 'Real poverty' is beating a retreat globallyRestricted Content

July 20, 2013
Mike Hicks
Over the past 30 years, the number of people in the world living in “real poverty” has dropped from just under 2 billion to fewer than 1.1 billion. This is a drop from roughly 40 percent to 15 percent of the world’s population.
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HICKS: There's no end to odd stories about coinageRestricted Content

July 13, 2013
Mike Hicks
Today, we hear from seemingly sophisticated folks that we should return to the gold standard, and so ensure long-run stability and remove those unseemly humans from decisions about money. That argument ignores two common axioms.
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Hicks: Same-sex debate obscures larger family crisisRestricted Content

July 6, 2013
Mike Hicks
Same-sex marriage or household arrangements possess no economic consequences. However, the debate itself does have consequences because it crowds out honest deliberation on the real problems of collapsing families.
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Hicks: The Austrian school is winning the fiscal debateRestricted Content

June 29, 2013
Mike Hicks
Political folklore has it that economists are infamously divided between Keynesian and classical explanations for the cause of the boom-and-bust cycle.
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Hicks: A better immigration policy needed right nowRestricted Content

June 22, 2013
Mike Hicks
Our immigration policy is broken. We could absorb many of the best-educated workers in the world, but we encumber them in decades of costly red tape or send them to boost the economies of Canada, Britain and Germany.
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Hicks: Manufacturing turns out remarkably good newsRestricted Content

June 15, 2013
Mike HicksMore

Hicks: Attractive places help Indiana grow fasterRestricted Content

June 8, 2013
Mike Hicks
I am often asked to explain why more and better local amenities matter to job creation. It is a simple concept, really. Families make choices about where to live based upon a variety of factors, including playgrounds, safe and attractive neighborhoods, and recreational activities. They will sacrifice to obtain these things, commute long distances and even forgo higher wages.
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Hicks: Finding the good and the bad in TARP bailoutsRestricted Content

June 1, 2013
Mike Hicks
The Congressional Budget Office’s most recent assessment of the cost of the Troubled Asset Relief Program, in late May, occasioned far less thoughtful discussion of the role of government than it should have.
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Hicks: International trade is the exact opposite of warRestricted Content

May 25, 2013
Mike Hicks
Among economists of all stripes, it is well understood that international trade increases wealth, reduces poverty and generally makes everyone better off in the long run. The only real question is whether the total economic benefits are immediately realized or take just a few years to mature.
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Hicks: Firing of Heritage researcher shows cowardiceRestricted Content

May 18, 2013
Mike Hicks
A recent study by the Heritage Foundation, a conservative think tank, sheds a great deal of light on the sausage mill of policy research, and the courage and integrity of the process of policy research altogether.
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Hicks: Root cause of suffering labor market elusiveRestricted Content

May 11, 2013
Mike Hicks
At the beginning of the Great Recession, in December 2007, there were more than 26 full-time workers for each part-time employee looking for full-time work. By June 2009, that number had shrunk to less than 15 full-time workers for each part-timer. There it has remained.
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Hicks: The real cause of brain drain? Quality of lifeRestricted Content

May 4, 2013
Mike Hicks
Brain drain is a genuine problem in Indiana. But instead of slowing this trend, our higher education financing policies accelerate this problem by pushing more students into majors that are in demand elsewhere.
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Hicks: Fiscal prudence should be rewarded by tax cutsRestricted Content

April 27, 2013
Mike Hicks
Indiana enjoys what economists call a “structural surplus” in state tax revenue. This means the several-hundred-million-dollar surplus is a permanent affair when viewed against current expenditures. It would be astonishing if this did not lead to calls for a tax cut, and so it has.
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Hicks: Terror won't bring down a determined nationRestricted Content

April 20, 2013
Mike Hicks
Along with the sadness and anger that accompanies the Boston bomb explosions should come the realization that this could well be our lot for decades to come. We should expect and prepare for the worst.
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Hicks: Bourgeois dignity and the modern worldRestricted Content

April 13, 2013
Mike Hicks
A most remarkable book, “Bourgeois Dignity: Why Economics Can’t Explain the Modern World,”, says all the explanations of the explosion of economic growth that occurred about 300 years ago are inadequate.
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Hicks: Three bad ideas that just won't disappearRestricted Content

April 6, 2013
Mike Hicks
Perhaps difficult economic times unleash the power of long-discredited ideas into general circulation, because three bad intellectual influences merit noting—one from the political right, one bipartisan folly and one from the left.
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HICKS: Major sea change about the debt under wayRestricted Content

March 30, 2013
Mike Hicks
A public fight has emerged among economists over the past few weeks, which likely spells major policy changes over the coming years.
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HICKS: Still too early to call Iraq war success or failureRestricted Content

March 23, 2013
Mike Hicks
The 10th anniversary of the start of the second Iraq war is an opportunity to reflect upon the economics of the conflict.
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HICKS: Recent economic data hold little good newsRestricted Content

March 16, 2013
Mike Hicks
Most government statistics are preliminary releases, intended to be revised, so they provide a poor picture even to someone with clear context on their meaning.
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HICKS: Economy will get worse before it gets betterRestricted Content

March 9, 2013
Mike Hicks
The dramatic reintroduction of payroll taxes makes this year’s tax increase most injurious to the working poor and the lower-to-middle-income families.
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HICKS: Economic evolution requires ongoing flexibilityRestricted Content

March 2, 2013
Mike Hicks
I am often asked some version of the question, “Can we really survive becoming a service economy—won’t our loss of manufacturing jobs spell doom for our country?” The answer is, “No.”
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HICKS: Stagnant pay for low-wage workers a problemRestricted Content

February 23, 2013
Mike Hicks
Hidden within the unserious politics of the minimum-wage debate lies an important discussion of why many workers have not seen their wages grow over the past generation. It simply takes some digging.
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  1. Of what value is selling alcoholic beverages to State Fair patrons when there are many families with children attending. Is this the message we want to give children attending and participating in the Fair, another venue with alooholic consumption onsite. Is this to promote beer and wine production in the state which are great for the breweries and wineries, but where does this end up 10-15 years from now, lots more drinkers for the alcoholic contents. If these drinks are so important, why not remove the alcohol content and the flavor and drink itself similar to soft drinks would be the novelty, not the alcoholic content and its affects on the drinker. There is no social or material benefit from drinking alcoholic beverages, mostly people want to get slightly or highly drunk.

  2. I did;nt know anyone in Indiana could count- WHY did they NOT SAY just HOW this would be enforced? Because it WON;T! NOW- with that said- BIG BROTHER is ALIVE in this Article-why take any comment if it won't appease YOU PEOPLE- that's NOT American- with EVERYTHING you indicated is NOT said-I can see WHY it say's o Comments- YOU are COMMIES- BIG BROTHER and most likely- voted for Obama!

  3. In Europe there are schools for hairdressing but you don't get a license afterwards but you are required to assist in turkey and Italy its 7 years in japan it's 10 years England 2 so these people who assist know how to do hair their not just anybody and if your an owner and you hire someone with no experience then ur an idiot I've known stylist from different countries with no license but they are professional clean and safe they have no license but they have experience a license doesn't mean anything look at all the bad hairdressers in the world that have fried peoples hair okay but they have a license doesn't make them a professional at their job I think they should get rid of it because stateboard robs stylist and owners and they fine you for the dumbest f***ing things oh ur license isn't displayed 100$ oh ur wearing open toe shoes fine, oh there's ONE HAIR IN UR BRUSH that's a fine it's like really? So I think they need to go or ease up on their regulations because their too strict

  4. Exciting times in Carmel.

  5. Twenty years ago when we moved to Indy I was a stay at home mom and knew not very many people.WIBC was my family and friends for the most part. It was informative, civil, and humerous with Dave the KING. Terri, Jeff, Stever, Big Joe, Matt, Pat and Crumie. I loved them all, and they seemed to love each other. I didn't mind Greg Garrison, but I was not a Rush fan. NOW I can't stand Chicks and all their giggly opinions. Tony Katz is to abrasive that early in the morning(or really any time). I will tune in on Saturday morning for the usual fun and priceless information from Pat and Crumie, mornings it will be 90.1

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