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
Articles
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: 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.
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.
Cecil Bohanon and John Horowitz: The secret to better communication is agreeing on what you’re talking about
Conversations about our identities and relationships are about who we are, how we view others and how they see us.
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.
Cecil Bohanon and John Horowitz: No easy solutions for deficit, just tough trade-offs
The bottom line is that while some combination of the approaches offered by both sides of the aisle likely have some merit, we should beware.
Cecil Bohanon and John Horowitz: Set your Scrooge aside, holiday joy is in the giving
Tidings of “comfort and joy” were exchanged.
Cecil Bohanon and John Horowitz: Economic relationships can be quite surprising
Economists call goods that go together complementary goods.
Cecil Bohanon and John Horowitz: Unchecked consumption and the dilemma that follows
Unfortunately, some consumers have difficulty restricting their consumption of certain types of products or services.
Cecil Bohanon and John Horowitz: Here’s why we’re thankful for money and prices
Money facilitates wealth creation much more than a barter system ever could.
Cecil Bohanon and John Horowitz: No more rate cuts until inflation definitively declines
We have long advocated that the Fed firmly support its target 2% rate for U.S. inflation.