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ECONOMIC ANALYSIS

ECONOMIC ANALYSIS Marriage has some economic consequences This month marks my parents’ 50th wedding anniversary. And, at the risk of being labeled a hopeless unromantic, I thought I might reflect on some of the economic consequences of marriage. I’ll begin with taxes. Until 1969, when my parents celebrated their 11th anniversary, the federal income tax had no marriage penalty. In fact, from its inception in 1913 until then, married couples enjoyed a modest tax advantage (two deductions on the same…

RETURN ON TECHNOLOGY

RETURN ON TECHNOLOGY Laptop hell: Air travel can bounce, bungle data Travel may broaden the mind, but it’s hell on laptops. If your laptop suffers some kind of death-dealing blow, it’ll probably be on the road. Air travel is the worst. You’re required during security screening to pull your laptop out of its snug little protective cover and submit it to the tender mercies of the Transportation Security Administration’s conveyors, X-ray machines and employees. Then there’s the jostling scramble to…

Carmel startup wades into Florida hurricane market

Carmel startup wades into Florida hurricane market Firm pioneers product to cover insurance deductibles The turbulent winds that hit the property-casualty insurance market after the destructive Gulf Coast hurricanes of 2004 and 2005 have blown over Indiana with hardly a bent weather vane. But that hasn’t stopped a new Carmel company from trying to make a buck helping Florida homeowners and businesses handle their now-staggering insurance costs. This month, Citon Group Inc. started marketing its new breed of insurance-designed to…

Goals for USA Track & Field: Raise money; don’t drop the baton

Doug Logan, new CEO of locally based USA Track & Field, knows the organization’s challenges reach beyond the disappointments
of dropped batons at last month’s Beijing Olympics. He wants to review the sport from top to bottom, and plans to announce
in the next few weeks formation of a task force that will look at everything from team training camps and the time of the
Olympic trials, to forming a series of events in the United States culminating in a series championship.

VIEWPOINT

VIEWPOINT Advancing manufacturing is key to future We’ve all heard it: Our economy is creeping to a crawl. Skyhigh oil prices, a weak housing market and the struggling U.S. dollar are discouraging consumers and business owners alike. Fears about our nation’s fiscal health are shaking broader confidence in the banking industry, the system of global trade, and even our public image abroad. In the face of such adversity, it’s helpful to remember that Americans have faced daunting challenges in the…

Doc pay-for-performance program set to launch

Doc pay-for-performance program set to launch Quality Health First signs up Anthem, 700 doctors After four years of development, a payfor-performance plan for Indianapolisarea doctors will officially launch Oct. 1. Quality Health First, the latest service of the Indiana Health Information Exchange, now has 700 primary-care doctors signed up to receive its reports on the quality of the care they give. And perhaps even more important, the program has contracted with Anthem Blue Cross and Blue Shield of Indiana as…

A&E

A&E The Fringe Connection It’s a challenge writing about IndyFringe, the festival that adds a shot of late-summer life to Mass Ave (Aug. 22-31). Part of the challenge comes from the fact that IndyFringe, unlike the plays, exhibitions and concerts I normally review in this space, exists in two forms-the macro and the micro. The macro is the festival itself-more than 50 companies and individual performers spread out over six stages. It involves art exhibitions (including one where you can…

State prevention program helps Children’s Bureau enter new areas, lift budget

Since its origins as the Widows and Orphans Asylum in 1851, the Children’s Bureau has been working to
fix broken families in Indianapolis. Now the local not-for-profit has expanded its reach into 37 Indiana
counties–growing its budget 22 percent in the process. But the agency remains focused on Marion County, where it’s building
a $9.2 million service center at 16th and Dr. Martin Luther King Jr. streets.

VOICES FROM THE INDUSTRY

VOICES FROM THE INDUSTRY China, higher education and our economic future In mid-September, I’ll be traveling to China’s Liaoning province as part of a delegation led by Indiana State University, hosted by Liaoning University. We’ll arrive in the country too late for the Olympics, but we’ll be there to talk about another form of global competition-economic development. It’s appropriate that the two universities are co-hosting a conference on economic development issues, given the importance of human capital in our economy….

Law targeting controversial landfill only fuels fight

Even for those with
a vested interest in the battle over a proposed landfill near Anderson, it’s hard to get too worked up over the latest twist
before the courts or government agencies. After all, the Mallard Lake Landfill battle is in its 29th year.

SURF THIS

SURF THIS This Olympic year, NBC got it right-online and off I already miss the Olympics. Perhaps due to my overactive patriotic gene, the overdeveloped sports fan gene, or the finetuned sucker-for-agood-story gene (or some combination of all three), I found the entire event strangely compelling. I’ve paid attention to the Olympics before, but this year it had some captivating affect on me that was altogether new. I found I could watch beach volleyball or fencing with equal enthusiasm. I…

Commentary

Commentary Summer mega-events consume us Just when I thought I could start getting to bed at a decent hour again after the 2008 Olympics were over, up pops the Democratic National Convention from Denver. I’m not a television watcher. About the only things I find worthwhile on the boob tube are sports, PBS, movies, and arts or cultural programs. The occasional exception might include a cooking show. Like many Americans, I found myself watching the Beijing games late into the…

SPORTS

SPORTS These football dreams give way to football reality How about this? The Indianapolis Colts inaugurate Lucas Oil Stadium with another Super Bowlwinning season. Indiana and Purdue meet in the Old Oaken Bucket game for a Rose Bowl berth. Notre Dame authors the greatest turnaround in school history and plays in the BCS national championship game. Ball State’s Nate Davis makes a run for the Heisman Trophy. Well, a guy can dream, can’t he? Truth is, all I’m hoping for…

Smaller Indiana gives cultural events a boost

Smaller Indiana gives cultural events a boost Web site’s bloggers share IndyFringe experiences With a mere $11,000 to spend on marketing, IndyFringe Executive Director Pauline Moffat is always on the lookout for low- or no-cost promotional opportunities. So when Pat Coyle, founder of online community smallerindiana.com, approached her about a novel arrangement to spread the word, Moffat jumped at it. The deal was this: The Fringe would give two tickets to each of its festival shows to Smaller Indiana, which…

Ivy Tech cooking up plans for more culinary space

Ivy Tech cooking up plans for more culinary space Growing program hopes to build $7 million school at Glick Center Popular television cooking shows such as “Iron Chef,” “Emeril Live,” “Top Chef” and, dare we mention, “Hell’s Kitchen,” have brought the interest in culinary careers to a boil. To help meet demand locally, Indiana Business College opened a Chef’s Academy downtown nearly two years ago. Now, Ivy Tech Community College is expanding its existing program by building a culinary school…

Developer betting on cottage homes

Buyers in Seattle, Milwaukee and even Bloomington have snapped up new cottage homes in developments that
turn the McMansion trend on its dormer-decorated head. But will Indianapolis buyers have a similar appetite
for the tiny energy-efficient homes clustered around community greens? A local developer is betting they
will.

INVESTING

INVESTING Distressed assets today lead to profit tomorrow Two real estate guys told me recently that the market might be able to grab some traction if the banks would face reality about the true worth of the stuff on their books. Write-offs are large, with an estimated $450 billion written down worldwide this year to date. And if you make an offer for real estate that is less than what the bank has written it down to, most likely your…

EYE ON THE PIE: What projects should public finance?

You name it, Rusty Knale will argue against it. We’re at the delicatessen. He buys the hot pastrami on rye. I’m going for the chopped liver on pumpernickel. “I’m wondering,” I say, “if the new Honda plant at Greensburg is going to do more for the people of Indiana than Lucas Oil Stadium in Indy.” “No,” he answers quickly. “Remember that Dean Martin song, ‘Memories are made of this’? How many people will the new Colts’ stadium hold?” “I hear…