Cecil Bohanon and John Horowitz: With virus killing flocks, the price of eggs is right
Egg prices increased nearly 13 times faster than food prices in 2022 because a deadly poultry virus killed over 40 million hens.
Cecil Bohanon
Articles
Bohanon and Horowitz: When investing, balance opinions of economists, the press
The major differences between economists and non-economists are their assumptions about the goals of individual investors.
Cecil Bohanon and John Horowitz: The Fed needs to stay the course to fight inflation
Staying the course is similar to patients continuing their treatment and taking their medications.
Bohanon and Horowitz: The one thing certain about change is that it’s coming
The growth of e-commerce is similar to the growth of mail-order firms in the late 1800s when transportation and mail-delivery improvements made it possible for firms to lower the costs of selling directly to customers.
Cecil Bohanon and John Horowitz: Lawmakers should focus work on value to taxpayers
If public funds were allocated to another public use or returned to the taxpayer, they would produce jobs in other sectors. Six of one, half a dozen of the other.
Cecil Bohanon and John Horowitz: Gift giving is all about relationships, not goods
We love economics, but it is good for economists to get out of our bubble now and then.
Cecil Bohanon and John Horowitz: Harm reduction is no winner in drug fight
The economics of the illegal markets makes such a war hard to win.
Cecil Bohanon and John Horowitz: War powers are a public good that must be scrutinized
We want a military strong enough to defend us, but we also don’t want it to trample on our personal freedom.
Cecil Bohanon & John Horowitz: Yes, printing money during COVID led to inflation
When the Treasury borrows to finance its excess spending, other borrowers cannot borrow those funds to finance their excess spending.
Bohanon and Horowitz: This Thanksgiving, there’s plenty to be grateful for
Anyone willing and able to work can likely find some kind of employment in today’s economy. And that is always good news.
Cecil Bohanon and John Horowitz: Fewer children partly attributed to pensions
The world population is now growing at the slowest rate since 1950.
Bohanon and Horowitz: Exact economic estimates merit your skepticism
Roberts writes that choosing what job to take, whom to marry, and whether to have children are wild problems. Federal Reserve monetary policy is also a series of wild problems.
Bohanon and Horowitz: Politics can’t be about what’s just right or wrong
When looking at political issues, economists consider alternatives and tradeoffs.
Bohanon and Horowitz: Data shows rich outpace poor in income growth
Rising inequality was primarily because the richest quintile’s incomes increased faster than households in other quintiles.
Bohanon and Horowitz: Most public-sector decisions are best left to lawmakers
Not much is newsworthy about a common-sense bill that passes with unanimous support.
Bohanon and Horowitz: Bernanke, other economists deserving of Nobel Prize
Specifically, the award to Bernanke “cited a 1983 publication establishing bank failures as key to the transformation of an economic recession into the most severe depression of the 20th century.”
Cecil Bohanon and John Horowitz: It’s unlikely we’re heading for another Great Depression
During the Great Depression, real price-adjusted Gross Domestic Product (GDP) fell every year, for four years, from 1929 to 1933 and by a cumulative 26.3%.
Cecil Bohanon and John Horowitz: Economist’s work provides insight into housing trend
Developers like the higher density, which increases profits, and homeowners like the increased amenities, like community clubhouses and playgrounds and control over the neighborhood
Bohanon and Horowitz: Gas prices don’t drive inflation
Inflation is not caused by rising prices of certain “key” items or “critical” inputs.
Cecil Bohanon and John Horowitz: Try viewing your work through the lens of duty
A satisfying job serves oneself and one’s family, the community and the larger society.