Economic Analysis

Criticism of the Fed is fair game.

The essence of social capital is the strength and quality of our relationships.

Should a government prevent or punish two people for helping each other?

It was a very productive trip that will benefit all parties and enhance research and learning opportunities for our Ball State students.

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.

We agree with our Texas Tech colleague Professor Alex Salter: “I would not want to be a central banker right now.”

Channeling physicist Enrico Fermi’s approach of breaking down complex problems with simple numbers, Horowitz asked, “What does the U.S. spend on defense?”

They saw this shift in purpose as the cause of the turmoil at the time.

Price discrimination often enables greater access to essential products and services, especially for low-income buyers, while providing companies with the revenue needed for future innovation.

The Consumer Price Index is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.

Pope Leo affirmed that “every man has by nature the right to possess property as his own.”

Economists recognize that various rules and institutions typically emerge that establish incentives to deal with the problem.

The implicit assumption is that a trade deficit in goods with any country is evidence that foreign countries discriminate against American goods.

The U.S. income tax system is progressive, which means that when one earns more, the tax rate rises in steps.

The balance of payments is an accounting device used to track a nation’s financial/economic interactions with the rest of the world.

Of course, we have lived through technological revolutions before.