Cecil Bohanon and John Horowitz: Recession or not, the economy could be worse
We suspect inflation will eventually be conquered. We give even odds as to whether inflation has peaked.
Cecil Bohanon
Articles
Cecil Bohanon and John Horowitz: Welfare data doesn’t tell the full poverty story
When researchers try to include non-cash benefits, there are problems with the data.
Cecil Bohanon and John Horowitz: History repeats itself with theft of Ukrainian grain
History is sad, especially when it repeats itself nearly 90 years later.
Cecil Bohanon and John Horowitz: Social Security changes needed before funds run out
Unless something is changed, it is also projected the trust fund will be depleted in 2035, when the system’s revenue will cover only about 80% of its promised benefits.
Cecil Bohanon and John Horowitz: The Constitution will endure as it has before
The framers increased the power of the national government compared to the Articles of Confederation so it could perform the functions of a national government.
Bohanon and Horowitz: Sometimes, a monopoly’s dominance isn’t a gobstopper
Although a Gobstopper might be eternal, the tastes and preferences of consumers—even those with very little pocket money—are not.
Cecil Bohanon & Nick Curott: Average inflation targeting was never a good idea
One little heralded change was when the Fed moved in 2019 from a two percent inflation target to a two percent average inflation target.
Cecil Bohanon & Nick Curott: Don’t believe everything you read on the internet
Here are three simple tests for any claim: Does the claim sound plausible? Does the claim check out? Is there a cogent theory behind the claim?
Cecil Bohanon & Nick Curott: Spread’s rise is bad news for saving, the economy
With all due respect to our Keynesian colleagues, discouraging saving is bad policy.