Economic Analysis

HICKS: It's time for labor unions to make some changesRestricted Content

February 11, 2012
Mike Hicks
How is it, I wonder, that an employment contract between willing parties could get to the point where either side is viewed as an enemy?
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HICKS: Field research sheds light on Super Bowl impactRestricted Content

February 4, 2012
Mike Hicks
My two sons and I headed to Indianapolis’ Super Bowl Village recently for some field research.
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HICKS: State of the Union chock full of wistful visionsRestricted Content

January 28, 2012
The bacchanalia of the stimulus has limited spending choices far into the future. So, most of the policies outlined by President Obama are wistful visions of a future that cannot be.
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HICKS: Measuring intangibles part of economist's jobRestricted Content

January 21, 2012
Mike Hicks
A frequently heard criticism of economic analysis is that it focuses only on those things that can be easily measured. This is an astonishing and vacuous censure championed largely by the innumerate among us.
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HICKS: What to expect from right-to-work legislationRestricted Content

January 14, 2012
Mike Hicks
It would be a long way from simply naïve to suppose that my study would alter any decisions about the divisive right-to-work legislation pending in Indiana.
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HICKS: Job prospects should factor into student loansRestricted Content

January 7, 2012
Mike Hicks
College education is expensive (mostly due to foregone earnings), but in terms of expenses, paying tuition for state schools is far less than half the cost of going to college.
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HICKS: Predictions can be wrong, but analysis valuableRestricted Content

December 31, 2011
Mike Hicks
The new year is a time of reflection. For someone who comments on the economy and provides analysis and forecasts, it should be a time to take stock and be honest about where I was right and wrong.
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HICKS: An open letter to an elf from an economistRestricted Content

December 24, 2011
Mike Hicks
Last year, you brought me coal; this year, could you fill my pickup truck with gasoline instead?
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HICKS: Is U.S. economy example of capitalism or free market?Restricted Content

December 17, 2011
Mike Hicks
For some time, I have been unhappy with using the term “capitalism” to describe the ascendant form of economic organization. I prefer “free market” to describe the workings of the United States and much of the world.
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HICKS: Monetary policy for our times may involve trade-offsRestricted Content

December 10, 2011
Mike Hicks
This week, Charles Evans, president of the Federal Reserve Bank of Chicago and leading contender to replace Ben Bernanke as Fed chairman, visited Muncie to give an important speech on moving the economy past the recession.
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HICKS: Black Friday feeds commercialization illusionRestricted Content

December 3, 2011
Mike Hicks
Thanksgiving evening into the wee hours of Black Friday saw me visiting three Walmart stores in five hours. This was purely research, mind you.
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HICKS: National debt makes long-term challenges clearRestricted Content

November 26, 2011
Mike Hicks
We must have a serious discussion over the size and scope of government and how to pay for it. Economically, the answers are clear. We must cut spending, raise revenue and adjust Social Security to the demographic reality.
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HICKS: Penn State abuse case offers lessons for us allRestricted Content

November 19, 2011
Mike Hicks
The cascading revelations about Pennsylvania State University’s storied football program surely will continue to repulse and sadden us. But within the horror of the events are many lessons, economic and otherwise.
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HICKS: Schools, taxes, services on voters' radarRestricted Content

November 12, 2011
Mike Hicks
It is easy to make promises while campaigning—and quite another thing to carry them out when confronted with the fullness of fact.
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HICKS: Schools and leadership keys to community growthRestricted Content

November 5, 2011
Mike Hicks
Fixing schools, paving roads, building sidewalks, sprucing up parks and cutting government waste are hard, long, inelegant and thankless tasks—but they are the ones that really matter.
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HICKS: Lessons in macabre taxes and ghastly fiscal policyRestricted Content

October 29, 2011
Mike Hicks
Halloween is the time when the Hicks kids learn about taxes. As a loving father, I combine the safety examination of their treats with a lesson on the effect of marginal tax rates on productivity.
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HICKS: Human capital, income inequality and our futureRestricted Content

October 22, 2011
Mike Hicks
Since at least the 1960s, economists have been warning that the link between human capital and economic growth was growing.
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HICKS: Is the Occupy Indianapolis crowd on to something?Restricted Content

October 15, 2011
Mike Hicks
There’s something in the Occupy Indianapolis protest for most of us to appreciate. Among these is the real and persistent influence from both corporations and unions that distorts our tax system. The reality is astonishing.
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HICKS: Competing theories agree on nation's economic woesRestricted Content

October 8, 2011
Mike Hicks
Both explanations suggest that the large stimulus and enormous government spending deficits are in part to blame for the continued ill performance of the U.S. economy.
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HICKS: Some long-dead economists worth a listenRestricted Content

October 1, 2011
Mike Hicks
It is a bit too early to tell what this recession and recovery will do to the reputation of the many economists who prognosticated through it. But one thing is for certain: It has provided much publicity for many long-dead economists.
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HICKS: Defining and understanding poverty in AmericaRestricted Content

September 24, 2011
Mike Hicks
How much poverty we have and how bad it is remain elusive questions. The causes of poverty are better known.
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HICKS: Efficacy of the American Jobs Act questionableRestricted Content

September 17, 2011
Mike Hicks
In my professional judgment, President Obama’s proposed American Jobs Act is as fair an attempt at stimulating the economy as is now possible. Whether or not it is good policy or will work are other questions.
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HICKS: A solemn reminder of the value of shared sacrificeRestricted Content

September 10, 2011
Mike Hicks
On this anniversary of 9/11, I think we would do well to acknowledge that we have relinquished too little of ourselves in the years since the attacks.
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HICKS: Lessons to glean from Keystone Towers demolitionRestricted Content

September 3, 2011
Mike Hicks
The demolition of a vacant apartment building is common fare in American cities. It is part of the urban renewal that is much needed in many U.S. cities.
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HICKS: High taxes are myth, not America's problemRestricted Content

August 27, 2011
Mike Hicks
In too many places, government does things the private sector does better and cheaper.
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  1. With Pence running the ship good luck with a new government building on the site. He does everything on the cheap except unnecessary roads line a new beltway( like we need that). Things like state of the art office buildings and light rail will never be seen as an asset to these types. They don't get that these are the things that help a city prosper.

  2. Does the $100,000,000,000 include salaries for members of Congress?

  3. "But that doesn't change how the piece plays to most of the people who will see it." If it stands out so little during the day as you seem to suggest maybe most of the people who actually see it will be those present when it is dark enough to experience its full effects.

  4. That's the mentality of most retail marketers. In this case Leo was asked to build the brand. HHG then had a bad sales quarter and rather than stay the course, now want to go back to the schlock that Zimmerman provides (at a considerable cut in price.) And while HHG salesmen are, by far, the pushiest salesmen I have ever experienced, I believe they are NOT paid on commission. But that doesn't mean they aren't trained to be aggressive.

  5. The reason HHG's sales team hits you from the moment you walk through the door is the same reason car salesmen do the same thing: Commission. HHG's folks are paid by commission they and need to hit sales targets or get cut, while BB does not. The sales figures are aggressive, so turnover rate is high. Electronics are the largest commission earners along with non-needed warranties, service plans etc, known in the industry as 'cheese'. The wholesale base price is listed on the cryptic price tag in the string of numbers near the bar code. Know how to decipher it and you get things at cost, with little to no commission to the sales persons. Whether or not this is fair, is more of a moral question than a financial one.

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