Economic Analysis

HICKS: Roots of recession found in homes, stocksRestricted Content

June 26, 2010
Mike Hicks
When the Business Cycle Dating Committee of the National Bureau of Economic Research meets later this year or next, I believe they’ll say the recession hit bottom in June or July of 2009. Recessions end when the economy bottoms out.
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HICKS: Four recommendations for your reading listRestricted Content

June 19, 2010
Mike Hicks
Though I am no slave to fashion, summertime is a long occasion for the reading of good books.
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HICKS: Derivatives don't deserve their scary reputationRestricted Content

June 12, 2010
Mike Hicks
One major part of the legislation will target derivatives. This is an arena where the financial services industry does itself no good from a public relations sense.
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HICKS: State both good, bad in human-capital gameRestricted Content

June 5, 2010
Mike Hicks
Suppose we lived in a perfectly flat world that is a vast, featureless plain of identical square counties.
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HICKS: Memorial Day puts economics in perspectiveRestricted Content

May 29, 2010
Mike Hicks
the things that determine our ultimate prosperity and happiness are not the vacillations of markets.
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HICKS: State lucky to have community foundationsRestricted Content

May 22, 2010
Mike Hicks
A good community foundation knows when there is an unmet need. After faith-based organizations, nobody is closer to understanding immediate needs better than a strong community foundation.
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HICKS: Learn from Greece and live within your meansRestricted Content

May 15, 2010
Mike Hicks
Greece will enter a generation of austerity in which its best and brightest young people will leave for Europe or America.
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HICKS: Fear, not economics, drives immigration debateRestricted Content

May 8, 2010
Mike Hicks
Mexico is in the throes of a violent lawlessness that is spilling over into the United States. Dealing with this is neither racist nor unconstitutional.
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HICKS: How competition sped up broadband adoptionRestricted Content

May 1, 2010
Mike Hicks
Our study found that simply permitting deregulation of cable TV caused a pleasing increase in broadband adoption.
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HICKS: Unemployment situation brings up questionsRestricted Content

April 24, 2010
Mike Hicks
Perhaps the biggest problem is in estimating who is in and not in the formal work force. Even in good times, a surprising number of workers labor in the shadow economy, invisible to government statisticians.
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HICKS: Educated athletes add value to the magicRestricted Content

April 10, 2010
Mike Hicks
The greater truth is that what we learn from athletics might be just as important as what we learn in the classroom.
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HICKS: President chooses wisely with recent donationRestricted Content

April 3, 2010
Mike Hicks
Why not treat charitable deductions the same way we treat most retirement savingsâ??extend the deadline until April 15?
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HICKS: Health care battle won, but what about war?Restricted Content

March 27, 2010
Mike Hicks
The potential flaws in this bill are so enormous that to opponents of the bill it looks like planned failure, designed to usher in a national health service.
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HICKS: Taxation not top factor in attracting businessRestricted Content

March 20, 2010
Mike Hicks
Businesses care about taxes to be sure, but the availability of a pool of well-trained workers is at the forefront of most business-location decisions.
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HICKS: Recession slows with costly job creationRestricted Content

March 13, 2010
Mike Hicks
While economists share broad agreement on a surprisingly large number of issues, the most visible discord lies in how two groups view the causes of recession.
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HICKS: Courage will be necessary to curb inflationRestricted Content

March 6, 2010
Mike Hicks
Inflation causes lenders to raise interest rates. Businesses slow their borrowing, produce less and require fewer workers. Within a year or so, inflation becomes everyoneâ??s problem.
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HICKS: Cash-strapped cities paying for prior choicesRestricted Content

February 27, 2010
Mike Hicks
We are making budget cuts today that could well have been slowly phased-in for a generation. What are the implications?
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HICKS: Tenure is protectionism in a tweed jacketRestricted Content

February 20, 2010
Mike Hicks
Academic tenure, with its promise of lifelong employment based upon five to seven years of work experience, is silly and makes those of us who have pursued a career in teaching and research look disingenuous.
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HICKS: A growing love connection to new mediaRestricted Content

February 13, 2010
Mike Hicks
Changes in media, especially new media, will alter the life of my kindergartner. I am no futurist, but it seems to me that three big trends are clearly emerging.
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HICKS: Economic uncertainty is crushing job growthRestricted Content

February 6, 2010
Mike Hicks
Businesses take risks. Risk tolerance is the hallmark of a successful businessman and entrepreneur. But those same businesses dread uncertainty.
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HICKS: So far, federal stimulus plan isn't stimulating

January 30, 2010
Mike Hicks
It has been roughly a year since the passage of the economic stimulus, formally the more harmonious American Recovery and Reinvestment Act. This stimulus is a textbook example of what we economists call counter-cyclical fiscal policy.
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HICKS: When it comes to migration, people follow the moneyRestricted Content

January 23, 2010
Mike Hicks
Folks tend to migrate to warmer, sunnier and more tax-friendly places.
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HICKS: Urban-to-rural state tax flow makes senseRestricted Content

January 16, 2010
Mike Hicks
With only a few exceptions, tax dollars flow from urban counties to rural counties.
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HICKS: Civic perceptions and economic developmentRestricted Content

January 9, 2010
Mike Hicks
There is certainly plenty of anecdotal evidence that what folks believe about a community matters for its economic fortunes.
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HICKS: Bloomington's chain store debate a tough sellRestricted Content

January 2, 2010
Mike Hicks
We have this little thing called an equal protection clause that prevents us singling out so clearly a chain store.
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