Economic Analysis

HICKS: Unfortunately, veteran tuition benefits must be cutRestricted Content

March 12, 2011
Mike Hicks
It's a wide entitlement program that will literally explode in the coming decades, since a third of all combat veterans will meet the disability requirements. It is not sustainable, and the Senate just tightened the requirements.
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HICKS: Telecom reform in Indiana workedRestricted Content

March 5, 2011
Mike Hicks
Deregulation of monopolies tends to almost always make consumers better off. Indiana’s broad and effective telecommunications reform of 2006 is a classic example of this.
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HICKS: Uncertainty always leads to oil-price fluctuationsRestricted Content

February 26, 2011
Mike Hicks
Being a commodity, changes to oil prices are frequent and instantaneous. Changes to supply or demand of petroleum in the Middle East affect the price at the pump in the Midwest within hours.
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HICKS: Productivity gains make for jobless recovery

February 19, 2011
Mike Hicks
It is an old story, but a nevertheless disheartening one. It is also a tale rich in its implications for young workers.
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HICKS: Trimming government fat tough, but necessaryRestricted Content

February 12, 2011
Mike Hicks
Recognizing inefficiency in government is far more difficult than rhetoric suggests. The private sector has the blessing of the profits to guide decisions.
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HICKS: Deciphering economy a confusing pursuitRestricted Content

February 4, 2011
Mike Hicks
A casual observer of news about economic indicators has more than enough reason to be puzzled.
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HICKS: President should focus on reducing debt burdenRestricted Content

January 29, 2011
Mike Hicks
What worried me most about the president’s speech was not what he said, but what he didn’t.
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HICKS: Earmarks need overhaul, but they aren't entirely badRestricted Content

January 22, 2011
Mike Hicks
Our influential senior senator, Richard Lugar, and 6th District congressman, Mike Pence, disagree on an outright ban on earmarks. This is a rare case in which the differing concerns of both men are right.
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HICKS: Civility matters, but don't blame murder on wordsRestricted Content

January 15, 2011
Mike Hicks
In the wake of the shooting, the loudest debate centers on the heated level of political discourse and its presumed effect on a shooter.
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HICKS: Economist job more exciting than most think

January 8, 2011
Mike Hicks
Recently, my wife has stopped calling me an economist. It is too hard to explain what I do, so she calls me a professor (which has far more cool points to Harry Potter or Gilligan’s Island fans).
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HICKS: Why economic forecasting is inexact scienceRestricted Content

January 1, 2011
Mike Hicks
Forecasts are primarily used as a tool to begin, not end, conversations about business and government matters.
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HICKS: Let's fight poverty, but also keep it in perspective

December 25, 2010
Mike Hicks
There 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.
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HICKS: Inflation delays visit, but it'll arrive eventuallyRestricted Content

December 18, 2010
Mike Hicks
All economists know that, at its core, inflation is caused solely by too much money chasing too few goods.
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HICKS: Tax-cut proposal probably a good compromiseRestricted Content

December 11, 2010
Mike Hicks
The 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.
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HICKS: The high costs of an over-lawyered societyRestricted Content

December 4, 2010
Mike Hicks
Estimates 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.
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HICKS: Thanksgiving, Black Friday and Cyber MondayRestricted Content

November 27, 2010
Mike Hicks
The holiday season in the United States has morphed into a time of concentrated purchases.
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HICKS: Discounting the future when making public policyRestricted Content

November 20, 2010
Mike Hicks
As you will learn in any good high school economics class, everyone values the future less than the present.
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HICKS: Educators must acknowledge need for reformRestricted Content

November 13, 2010
Mike Hicks
Fixing schools won’t be easy, but it begins with an honest realization of the problem—not mendacious malarkey.
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HICKS: Fed 'easing' into another stimulus planRestricted Content

November 6, 2010
Mike Hicks
Federal 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.
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This election, take note of 'opportunity cost'

October 30, 2010
Mike Hicks
I 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.
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HICKS: Early-childhood education benefits the economyRestricted Content

October 23, 2010
Mike Hicks
Plunging 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).
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HICKS: Why the stimulus didn't stimulate enoughRestricted Content

October 16, 2010
Mike Hicks
The failure of the American Recovery and Reinvestment Act to deliver us from high unemployment will provide research grist for economists for decades to come.
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HICKS: Getting a driver's license in five not-so-easy steps

October 9, 2010
Mike Hicks
He 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.
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HICKS: An inconvenient truth about teachers' unionsRestricted Content

October 2, 2010
Mike Hicks
From 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.
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HICKS: The end of a recession doesn't feel like oneRestricted Content

September 25, 2010
Mike Hicks
It is good to look back on the recession and think about where we've been and how this recession stacked up against others.
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  1. Those of you yelling to deport them all should at least understand that the law allows minors (if not from a bordering country) to argue for asylum. If you don't like the law, you can petition Congress to change it. But you can't blindly scream that they all need to be deported now, unless you want your government to just decide which laws to follow and which to ignore.

  2. 52,000 children in a country with a population of nearly 300 million is decimal dust or a nano-amount of people that can be easily absorbed. In addition, the flow of children from central American countries is decreasing. BL - the country can easily absorb these children while at the same time trying to discourage more children from coming. There is tension between economic concerns and the values of Judeo-Christian believers. But, I cannot see how the economic argument can stand up against the values of the believers, which most people in this country espouse (but perhaps don't practice). The Governor, who is an alleged religious man and a family man, seems to favor the economic argument; I do not see how his position is tenable under the circumstances. Yes, this is a complicated situation made worse by politics but....these are helpless children without parents and many want to simply "ship" them back to who knows where. Where are our Hoosier hearts? I thought the term Hoosier was synonymous with hospitable.

  3. Illegal aliens. Not undocumented workers (too young anyway). I note that this article never uses the word illegal and calls them immigrants. Being married to a naturalized citizen, these people are criminals and need to be deported as soon as humanly possible. The border needs to be closed NOW.

  4. Send them back NOW.

  5. deport now

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