The cell phone replaced all its malefactors by giving consumers a better way of satisfying their wants. Good for consumers, but bad for the producers of outdated products.
Jeff Korzenik, chief investment officer for Fifth Third Bank, told the audience at IBJ’s 2020 Economic Forecast that employers need to investigate nontraditional sources of workers to offset the weak labor market.
Cheap debt encourages fiscal irresponsibility—among teenage boys and politicians.
The Indianapolis metro area’s growth is expected to be slightly better than statewide averages, but both local and state growth will be lower than the 2% expected nationally, the forecast says.
On Oct. 26, the Treasury Department announced the deficit for fiscal 2019 was $984 billion, a seven-year high and a 28% increase over 2018.
In a national election, the odds of any one individual’s vote changing the outcome is close to nil.
The distinction between stocks and flows is important in economic and business analysis.
The biggest driver of the cost over the four-year period is unrealized lifetime earnings of those who died from the drugs, followed by health care costs.
If a legally sanctioned private arrangement consistently relegates some “workers” to receive compensation that is much less than their marginal revenue product, expect major conflict.
What if Bohanon had been allowed to invest his Social Security payments in common stocks?
The defining characteristic of socialism is collective ownership of property, particularly in productive resources of land, labor and capital.
Shareholders vs. stakeholders? A distinction without a difference?
Even the most horrendous human tragedies can have a silver lining—that is, if government policies don’t get in the way.
Could President Trump’s decision to escalate trade tensions with China cost him re-election? If history is any guide, it probably will.
Since at least the time of John Maynard Keynes, if not earlier, economic pundits have been looking for a “golden” economic signal that predicts economic downturns.
Any tariff the United States imposes on foreign imports can be offset by interventions in the currency market.
The budget deal signed into law by President Trump spotlights the federal government’s fiscal irresponsibility.
Bloomberg analyzed the contribution to gross domestic product by industry and government in all 50 states to create the diversity index. Indiana’s GDP is most dependent on manufacturing and least dependent on government.
Pick your poison: dysfunctional incentives for those who receive benefits or massive budget-busting programs.
With more than 20 candidates for president and perhaps more in the offing, lots of wacky policy proposals to redistribute income are bound to emerge.