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Economic Analysis
HICKS: Let's fight poverty, but also keep it in perspective
December 25, 2010
Mike HicksThere 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.
MoreHICKS: Inflation delays visit, but it'll arrive eventually
December 18, 2010
Mike HicksAll economists know that, at its core, inflation is caused solely by too much money chasing too few goods.
MoreHICKS: Tax-cut proposal probably a good compromise
December 11, 2010
Mike HicksThe 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.
MoreHICKS: The high costs of an over-lawyered society
December 4, 2010
Mike HicksEstimates 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.
MoreHICKS: Thanksgiving, Black Friday and Cyber Monday
November 27, 2010
Mike HicksThe holiday season in the United States has morphed into a time of concentrated purchases.
MoreHICKS: Discounting the future when making public policy
November 20, 2010
Mike HicksAs you will learn in any good high school economics class, everyone values the future less than the present.
MoreHICKS: Educators must acknowledge need for reform
November 13, 2010
Mike HicksFixing schools won’t be easy, but it begins with an honest realization of the problem—not mendacious malarkey.
MoreHICKS: Fed 'easing' into another stimulus plan
November 6, 2010
Mike HicksFederal 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.
MoreThis election, take note of 'opportunity cost'
October 30, 2010
Mike HicksI 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.
MoreHICKS: Early-childhood education benefits the economy
October 23, 2010
Mike HicksPlunging into the economics of diapers and pre-literacy programs hardly filled me with gleeful anticipation (though for the
record I am a wicked-good diaper changer).
MoreHICKS: Why the stimulus didn't stimulate enough
October 16, 2010
Mike HicksThe failure of the American Recovery and Reinvestment Act to deliver us from high unemployment will provide research grist
for economists for decades to come.
MoreHICKS: Getting a driver's license in five not-so-easy steps
October 9, 2010
Mike HicksHe 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.
MoreHICKS: An inconvenient truth about teachers' unions
October 2, 2010
Mike HicksFrom 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.
MoreHICKS: The end of a recession doesn't feel like one
September 25, 2010
Mike HicksIt is good to look back on the recession and think about where we've been and how this recession stacked up against others.
MoreHICKS: Variables cloud business-location question
September 18, 2010
Mike HicksThe problem is that the reasons for business-location decisions change from time to time.
MoreHICKS: Income tax debate looms over next election
September 11, 2010
Mike HicksThe expiration of the Bush tax cuts this January will further slow the economy, perhaps deeply.
MoreHICKS: Most majors pay off, but some a lot more than others
August 28, 2010
Mike HicksThere is clearly something important about the totality
of what is learned in college, but, if you want to apply all those upper-level classes in your major, you'd better study
hard or pick the right field.
MoreHICKS: Good reads on America's automobile industry
August 21, 2010
Mike HicksIf you'd like to satiate your interest in the domestic automobile market, may I recommend three fine books?
MoreHICKS: Expectations can't erase sluggish recovery
August 14, 2010
Mike HicksWhile the economy continues to recover, the pace is agonizingly slow. The reasons for this are becoming clear.
MoreHICKS: What silly bands say about the value of things
August 7, 2010
Mike HicksThere are economic lessons here. The most important is that the value of things is necessarily determined by what is known
in econo-jargon as utility.
MoreHICKS: Twenty years later, the impact of Desert Storm
July 31, 2010
Mike HicksWartime familiarity should make us more tolerant of our differences and care more for one another's children.
MoreHICKS: What we can learn from forecasting blunders
July 24, 2010
Mike HicksIt begs the question, just what should economists be expected to know and how should we explain it?
MoreHICKS: To spend or cut taxes, that is the question
July 17, 2010
Mike HicksThe stimulus and array of bailouts have thus far done little to boost the economy. Neither is there good evidence they kept
things from getting worse.
MoreHICKS: A modest proposal: The SUN tax of 2010
July 10, 2010
Mike HicksThe problem is that the tanning tax fails every single criterion of effective tax policy. It is narrow, easily avoided, suffers
high administrative costs, and distorts consumer and producer behavior.
MoreHICKS: Town squares reflect forefathers' optimism
July 3, 2010
Mike HicksIn my line of work, I travel to many small towns. One eccentricity I indulge in on these trips is to drive around town
squares.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.