Eye on the Pie

MARCUS: Consumer Price Index proposal costs little, saves a lotRestricted Content

July 30, 2011
Morton Marcus
For all of our philosophical pondering combined with our statistical cleverness, we cannot figure out what is “living” nor determine its “cost.”
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MARCUS: New Hoosier motto could become 'Be less than you have been'Restricted Content

July 23, 2011
Morton Marcus
The U.S. Army says, “Be all that you can be.” Indiana is moving toward a different message.
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MARCUS: Multipliers are what you make themRestricted Content

July 9, 2011
Morton Marcus
New money will not necessarily mean new jobs at the beauty parlor or the barbershop if there are already empty chairs.
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MARCUS: Should we be offended by Times story?Restricted Content

July 2, 2011
Morton Marcus
Last month, The New York Times ran a story under the headline “Indiana: The Exception? Yes, but …” The story gave a factual presentation of our state’s economic circumstances, but with an overriding sarcasm that left a bad taste in Hoosier mouths.
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MARCUS: A tale of Colts, Packers and LonghornsRestricted Content

June 25, 2011
Morton Marcus
What we gain by having the Colts and Pacers is mainly a psychological benefit. We feel that we are big league because we have big-league teams carrying our name.
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MARCUS: Hold the celebration; reality is just aheadRestricted Content

June 18, 2011
Morton Marcus
Frequently, Hoosiers ride as passengers in one of the front cars on the business roller coaster.
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MARCUS: Check out this regional cooperationRestricted Content

June 11, 2011
Morton Marcus
About 48 hours after the exciting finish of this year’s Indy 500 race, Mayors Wayne Seybold, R-Marion, and Greg Goodnight, D-Kokomo, announced the formation of the Midwest Automotive Loop.
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MARCUS: Should we have commuting policies?Restricted Content

June 4, 2011
Morton Marcus
In 2009, 80 percent of Hoosiers worked in the county where they lived, with the other 20 percent going elsewhere to work. Hardly a change from data 10 years earlier.
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MARCUS: Numbers say Indiana's economy isn't healthyRestricted Content

May 28, 2011
Morton Marcus
Usually, when an unemployed person gets a job, the number of people unemployed goes down and the number employed goes up. That’s a healthy economy.
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MARCUS: Lies told about people paying income tax

May 21, 2011
Morton Marcus
“Liars!” I want to shout. People who lie deliberately and those who lie innocently afflict our nation with falsehoods.
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MARCUS: High school principals as economic drivers

May 14, 2011
Morton Marcus
From time to time, I am asked: “What is the best investment for Indiana’s economic development”? The answer: our high-school-age young men and women.
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MARCUS: Manufacturing is economy's blessing, bane

May 7, 2011
Morton Marcus
Manufacturing alone accounted for 53 percent of the decline in what people earned at their private-sector jobs.
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MARCUS: Evansville is the least loser or best of the bad

April 30, 2011
Morton Marcus
Recent data from the bottom of the recession reveal all seven economic areas that include Indiana counties experienced declines in per-capita personal income.
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MARCUS: Uptight music for uncertain times

April 23, 2011
Morton Marcus
The blues resonate with the tough people living tough lives.
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MARCUS: What is it worth? TV has the answer

April 16, 2011
Morton Marcus
Discovering value emerged as a TV staple long before the recent economic tsunami.
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MARCUS: No statistics on death by pothole

April 9, 2011
Morton Marcus
Nothing stirs the imagination like a near-death experience.
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MARCUS: The recovery is over ... or maybe not

April 2, 2011
Morton Marcus
The recession in Indiana and the nation lasted only three quarters. But the Hoosier recovery took six quarters.
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MARCUS: Training and education aren't same thing

March 26, 2011
Morton Marcus
Ignorant and bigoted people are encouraged to run for public office when they witness this dumbing-down of society.
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MARCUS: Opposing ideas need not demand respect

March 19, 2011
Morton Marcus
Failure to cooperate with an unethical power is a commendable ethical stand.
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MARCUS: Fewer Hoosier children means less retail

March 12, 2011
Morton Marcus
Indiana added 369,400 adults, compared with just 33,900 children, a ratio of nearly 11 to 1. This imbalance was hardly uniform, but its consequences are important for all of us.
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MARCUS: The nightmare in my neighborhood

March 5, 2011
Morton Marcus
Clearly, any group of workers with incomes in excess of their proportion in the economy are villains.
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MARCUS: Debt and taxes are not the devil's doing

February 26, 2011
Morton Marcus
This national debt business is being overplayed. Critics characterize the debt as a giant burden, our most important national issue. Borrowing for the future, however, makes good sense when the debt contributes to economic growth.
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MARCUS: Rethink government consolidation now

February 18, 2011
Morton Marcus
Why isn’t our Legislature shredding the fabric of community government by disbanding cities and towns that are only artifacts of horse-drawn days?
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MARCUS: Hoosier employment deficit stands

February 12, 2011
Morton Marcus
Few people labor for the glory of being employed; most people work for money. When they do not work, they have less to spend and less joy enters the homes of merchants.
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MARCUS: Recession's recovery persistently denied

February 5, 2011
Morton Marcus
Indiana's recovery is only 75-percent complete, lagging the nation.
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  1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

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