Cecil Bohanon and John Horowitz: Americans will lean back toward embracing free markets
George Will reminded the audience that since the end of the Cold War, globalization has lifted more people out of poverty than any government program in history.
Economic Analysis
Articles
Cecil Bohanon and John Horowitz: Business owners need to keep eye on elasticity when raising prices
To calculate the price elasticity of demand, divide the percentage change in quantity demanded by the percentage change in price.
Cecil Bohanon and John Horowitz: Owsley showed how art of altruism benefits all
The beneficence of the Ball family has long blessed Muncie.
Cecil Bohanon and John Horowitz: You’re a player in the token economy
In economic terms, tokens are physical or digital assets that represent value and facilitate trade.
Cecil Bohanon and John Horowitz: Acquiring factories shouldn’t be economic focus
There are no more afternoon traffic jams on Kilgore Avenue.
Pete the planner: An open letter to the investments I passed on
I didn’t have the risk tolerance, the cash flow, the patience, or maybe just the courage.
Business owners express optimism amid economic challenges, PNC survey shows
PNC Chief Economist Gus Faucher said business owners nationally and in the Indianapolis area are optimistic about their prospects despite ongoing concerns about inflation and possible recession.
Cecil Bohanon and John Horowitz: When economic statistics lose integrity, bad things happen
The Federal Reserve uses BLS data to determine the inflation rate and whether the economy is in a recession.
Cecil Bohanon and John Horowitz: Service groups like Rotary strengthen communities
Voluntary organizations like Rotary help citizens learn cooperation, leadership and the habits of self-governance.
Cecil Bohanon and John Horowitz: Economists have sense of humor, even when the joke is on them
Michael Munger argues that economist jokes serve three purposes: to be funny, to illustrate economic concepts, and to mock economists themselves.
Cecil Bohanon and John Horowitz: Economics doesn’t care about the content of American Eagle’s ads
Consumers value products not just for utility but for attributes like style, comfort and symbolism.
Cecil Bohanon and John Horowitz: Generic drug shortages can be remedied with the right approach
However, 92% of prescriptions in the United States are filled with generics, which account for less than 13% of total drug spending.
Cecil Bohanon and John Horowitz: Fed chair should be allowed to finish his term
Criticism of the Fed is fair game.
Cecil Bohanon and John Horowitz: Markets and societies function better working from empathy, not animosity
The essence of social capital is the strength and quality of our relationships.
Cecil Bohanon and John Horowitz: Sometimes laws are at loggerheads with principles of economic freedom
Should a government prevent or punish two people for helping each other?
Cecil Bohanon and John Horowitz: Belize offers example of mutually beneficial immigration
It was a very productive trip that will benefit all parties and enhance research and learning opportunities for our Ball State students.
Cecil Bohanon and John Horowitz: Bank runs and social protests are two peas in a pod
In bank runs, people rush to withdraw their deposits when they see others in line to withdraw theirs. Likewise, when people witness their neighbors participating in protests, they are more likely to participate in protests themselves.
Cecil Bohanon and John Horowitz: Fed faces tough decision as inflation hovers higher than desired
We agree with our Texas Tech colleague Professor Alex Salter: “I would not want to be a central banker right now.”
Cecil Bohanon and John Horowitz: Politicians face paradox on trade deficit and federal debt
Channeling physicist Enrico Fermi’s approach of breaking down complex problems with simple numbers, Horowitz asked, “What does the U.S. spend on defense?”
Cecil Bohanon and John Horowitz: As universities shift, they hinder freedom of inquiry
They saw this shift in purpose as the cause of the turmoil at the time.