Cecil Bohanon and John Horowitz: Henry Kissinger’s legacy can be seen in China
In 1972, the ordinary citizens of mainland China were overwhelmingly poor and sick.
Economic Analysis
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Report: Golf tees up big economic impact in Indiana
An economic impact report from the National Golf Foundation, released Tuesday, suggests the business of golf is a $2 billion economic driver in Indiana.
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Central Indiana lacks educated workforce to fill high-skilled jobs, report finds
The report from Ascend Indiana and the Marion County Workforce Investment Board is the latest indicator that employers are leaving jobs unfilled because of a talent shortage.
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Economic study: IndyParks’ green impact goes well beyond plants, trees
Each dollar spent on Indianapolis Parks and Recreation generated about $3.13 in the local economy in 2019, with an economic impact of $106.8 million that year, researchers at IU’s Public Policy Institute estimated.
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Articles
Cecil Bohanon and John Horowitz: Noncompete agreements have economic trade-offs
On the other hand, competition in both product and labor markets is at the heart of a free-enterprise system and is the basis of many of its benefits.
Cecil Bohanon and John Horowitz: Plymouth—from one form of capitalism to another
One of the many things we are grateful for is that we have the freedom to access and incorporate new perspectives into our cherished narratives.
Cecil Bohanon and John Horowitz: Economic lessons learned from the speedway
It is the world’s largest single-day sporting event, with over 300,000 in attendance.
Cecil Bohanon and John Horowitz: Why we should ‘call out loudly’ less to prosper
While people usually don’t feel they were treated justly after being “called out loudly,” at times, it is appropriate.
Cecil Bohanon and John Horowitz: Picking individual stocks is a fool’s errand
A recent study found that, from 1926 to 2019, holding most U.S. publicly traded common stocks reduced investor wealth.
Cecil Bohanon and John Horowitz: No clear path to peace in Middle East conflict
The vicious circle of violence and revenge between France and Germany was ended by World War II, which killed 15 million soldiers and 38 million civilians.
Cecil Bohanon and John Horowitz: The Fed should keep interest rates where they are
The primary way the Fed tries to maintain low and stable inflation is through the target rate it sets for Fed Funds, which is the interest rate for overnight lending between U.S. banks.
Cecil Bohanon and John Horowitz: Indiana has seen more booms than it has busts
But 45 Indiana cities with a population over 10,000 but under 50,000 in 2020 had more residents than in 1970.
Economic analysis: What’s repugnant? Well, that changes over time.
We often look at past practices with disgust, but future generations will probably feel the same about some of our choices.
Bohanon and Horowitz: New York City can’t guarantee shelter for all oppressed
Economic reality is currently trumping political aspiration in New York City.
Cecil Bohanon and John Horowitz: Use valuable resources for valuable purposes
Of course, discerning eligibility and benefits for a firm or not-for-profit can be tricky, which is one reason consultants offer their services.
Cecil Bohanon & John Horowitz: A return of conscription anytime soon is unlikely
The Constitution’s framers feared large, permanent and professional armies. James Madison wrote, “Armies, and debts, and taxes are the known instruments for bringing the many under the domination of the few.”
Cecil Bohanon and John Horowitz: China’s focus on building has left it at a crossroads
China’s economic growth over the last 40 years has been spectacular, making China the “workshop of the world.”
Global inflation pressures could become harder to manage in coming years, research suggests
Rising trade barriers, aging populations and broad transition to renewable energy are trends that could make it harder for the Federal Reserve and other central banks to meet their inflation targets.
Cecil Bohanon and John Horowitz: Shareholder limited liability brings trade-offs
These stories remind us that modern corporations, where shareholders are granted limited liability, reflect a classic legal and economic trade-off.
Cecil Bohanon and John Horowitz: Partisan bickering undermines U.S. fiscal integrity
The top-line story is that the Fitch downgrade emerged from its perception that there “has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters” in the United States.
Cecil Bohanon and John Horowitz: No elite degree? High test scores matter more
Nevertheless, this and other studies find that attending an elite school has little to no effect on future earnings, as higher test scores alone predict higher earnings regardless of where one attends college.
Cecil Bohanon and John Horowitz: Constitutional reform needs to be taken seriously
Of course, people have different opinions about how hard constitutional change ought to be.
Cecil Bohanon and John Horowitz: Solving social problems requires trade-offs
Over 90% of the El Salvadoran public approves of the government led by Nayib Bukele, who calls himself the “world’s coolest dictator.”