Cecil Bohanon and John Horowitz: Commissions are good incentives, but they come with trade-offs
Economists recognize that various rules and institutions typically emerge that establish incentives to deal with the problem.
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: Trump’s policy on international trade shares principles with DEI
The implicit assumption is that a trade deficit in goods with any country is evidence that foreign countries discriminate against American goods.
Indiana Economic Development Foundation releases annual audits at Gov. Braun’s demand
The state-affiliated nonprofit averaged more than $2 million in spending annually on travel and more.
Cecil Bohanon and John Horowitz: Mo’ money, mo’ taxes—but the rate rises in steps
The U.S. income tax system is progressive, which means that when one earns more, the tax rate rises in steps.
Cecil Bohanon and John Horowitz: If the trade policy ain’t broke, don’t fix it
That U.S. manufacturing capacity and output have declined is fake news.
Cecil Bohanon and John Horowitz: World trade is an ever-shifting balance
The balance of payments is an accounting device used to track a nation’s financial/economic interactions with the rest of the world.
Cecil Bohanon and John Horowitz: Broader look at rent controls show how they hurt low-income residents
Economists have long pointed out that setting a price ceiling below the market clearing price will inevitably lead to product shortages.
Cecil Bohanon and John Horowitz: Artificial intelligence has downsides, but be open to its benefits, as well
Of course, we have lived through technological revolutions before.
Cecil Bohanon and John Horowitz: Trump’s creation of bitcoin reserve gives currency validation
The White House crypto-czar reports that the federal government currently owns about 200,000 bitcoins.
Cecil Bohanon and John Horowitz: Arguments supporting tariffs fail to account for what happens next
The government does not add to prosperity, upward mobility and economic security by forcing citizens to buy high-cost domestic goods instead of low-cost foreign goods.
Cecil Bohanon and John Horowitz: Egg prices show market is working
The increase in price serves two vital functions.
UPDATE: Trump grants one-month exemption for U.S. automakers from new tariffs on imports from Mexico, Canada
The administration is grappling with the fallout of tariffs beloved by President Donald Trump that could create serious blowback for his political mandate to lower prices.
Cecil Bohanon and John Horowitz: The value proposition for social media is its users
In some ways, social media platforms are unlike traditional media platforms, such as radio and television. In other ways, they are very similar.
Cecil Bohanon and John Horowitz: Climbing rate of inflation suggests interest rates cuts in 2025 unlikely
Of course, all economic data is flawed, so the CPI statistics might be a fluke.
Pete the Planner: Why do high egg prices leave consumers feeling so steamed?
It’s about the bigger question: Are we actually seeing progress, or are we in a new normal?
Cecil Bohanon and John Horowitz: Yields on savings are up, but you need to act
Not raising rates, of course, enriches the banks.
Cecil Bohanon and John Horowitz: Study shows HB-1 visas also aid native workers
Randomly determining which firms win the visas is the gold standard for what economists call a “natural experiment” on the impact of H1-B visas on economic outcomes.
Cecil Bohanon and John Horowitz: Most tax cuts go to the poor and middle classes
The wealthiest 20% of Americans pay most of the federal income taxes.
Cecil Bohanon and John Horowitz: In government, disasters uncover poor decisions
Any organization, public or private, for-profit or charitable, that provides goods or services should, all other things being the same, do so in a way that uses fewer resources rather than more.
Cecil Bohanon and John Horowitz: Taxing the rich won’t solve our deficit woes
Some claim that cutting tax rates will increase revenue collection.