Cecil Bohanon and John Horowitz: It’s better to have a college degree — but which degree?
On average, young adult college graduates earn 49.4% more than their non-credentialed counterparts.
Cecil Bohanon
Articles
Cecil Bohanon and John Horowitz: Olympic Games are a gold mine of economic principles
The Olympics remind us that while the financial rewards are uncertain, the human drive for excellence, identity and meaning remains one of the most powerful economic forces in the world.
Cecil Bohanon and John Horowitz: America still wrestles with clashes between federal, local power
National rules often clash with regional preferences.
Cecil Bohanon and John Horowitz: Talk to the Hand: Learned formula determines negligence
Economists studying tort law consider how liability rules shape behavior, risk-taking and social well-being.
Cecil Bohanon and John Horowitz: Fed chair nominee Warsh could revive Friedmanomics
Warsh readily proclaims that Friedman influenced his economic views.
Cecil Bohanon and John Horowitz: For innovation to keep momentum, conditions must be just right
Diminishing returns means that as you use more and more of an input, the increase in output increases at a smaller and smaller rate.
Cecil Bohanon and John Horowitz: Monopoly usually doesn’t survive a game of leapfrog
In short, some degree of socialism is often presented as the only safeguard of the public interest.
Cecil Bohanon and John Horowitz: NIL reshapes priorities for athletes, schools
NIL earnings are highly concentrated, with roughly 0.3% (50 to 75 college athletes) earning more than $1 million.
Cecil Bohanon and John Horowitz: Don’t rely on Social Security like it’s guaranteed
From 1937 to 1940, retirees received one-time lump-sum payments.
Cecil Bohanon and John Horowitz: Crystal ball for inflation in 2026 is as clear as mud
The good news is that the most recent inflation report released Dec. 18 indicated a 2.7% annual rate for the 12 months ending in November.
Cecil Bohanon and John Horowitz: Measuring value of gifts by their social benefits
The core issue lies in the fundamental principle that an individual knows their own preferences better than anyone else.
Cecil Bohanon and John Horowitz: Economic prosperity depends on integrity of government data
Government spending and monetary policy both influence and are influenced by economic performance.
Cecil Bohanon and John Horowitz: Who says generosity and capitalism can’t mix?
A gift to America is an excellent gesture, but we are pretty sure other motives are in play.
Cecil Bohanon and John Horowitz: Holiday reminds us that gratitude is a dish best served voluntarily
Gratitude is “low-hanging fruit” for health, for, as the study’s author says, “Anyone can recognize what’s around them and express thanks to others.”
Cecil Bohanon and John Horowitz: Forbearance is more than a virtue; it keeps society’s systems whole
At its core, forbearance is a virtue: giving someone a break even when you are neither legally nor ethically required to do so.
Cecil Bohanon and John Horowitz: Price bundling presents sellers, consumers with win-win proposition
To enhance profitability, it is always a good idea to make your customers better off.
Cecil Bohanon and John Horowitz: There are no solutions in economics, just trade-offs
Progress in one dimension—whether in employment, nutrition or economic development—often creates new problems that we struggle to solve.
Cecil Bohanon and John Horowitz: Sunk costs are like inventory under the bridge
As golfer Ben Hogan noted, “The most important shot in golf is the next one.”
Cecil Bohanon and John Horowitz: Dominance as reserve currency boosts U.S. dollar
Central banks worldwide hold trillions of U.S. dollars in reserves.
Cecil Bohanon and John Horowitz: Conspiracy theories endure because they’re tribal, profitable
These conversations made him wonder: What is a conspiracy?