There is abundant research on the economic effects of right-to-work laws by economists of both the right and left. The results are pretty clear that right-to-work legislation leads to increased employment.
We need the remaining month of this Legislature to look a lot less like the last month.
purchasing our debt and being our banker are different matters altogether.
The goal of the legislation is to give public schools more incentives to improve.
It’s a wide entitlement program that will literally explode in the coming decades, since a third of all combat veterans will meet the disability requirements. It is not sustainable, and the Senate just tightened the requirements.
Deregulation of monopolies tends to almost always make consumers better off. Indiana’s broad and effective telecommunications reform of 2006 is a classic example of this.
Being a commodity, changes to oil prices are frequent and instantaneous. Changes to supply or demand of petroleum in the Middle East affect the price at the pump in the Midwest within hours.
It is an old story, but a nevertheless disheartening one. It is also a tale rich in its implications for young workers.
Recognizing inefficiency in government is far more difficult than rhetoric suggests. The private sector has the blessing of the profits to guide decisions.
A casual observer of news about economic indicators has more than enough reason to be puzzled.
What worried me most about the president’s speech was not what he said, but what he didn’t.
Our influential senior senator, Richard Lugar, and 6th District congressman, Mike Pence, disagree on an outright ban on earmarks. This is a rare case in which the differing concerns of both men are right.
In the wake of the shooting, the loudest debate centers on the heated level of political discourse and its presumed effect on a shooter.
Recently, my wife has stopped calling me an economist. It is too hard to explain what I do, so she calls me a professor (which has far more cool points to Harry Potter or Gilligan’s Island fans).
Forecasts are primarily used as a tool to begin, not end, conversations about business and government matters.
There is a certain poignant irony in the U.S. Census Bureau’s release of 2010 poverty statistics this Christmas week. It reminds us that, behind the green eyeshades of professional data collectors, the folks at the Census Bureau have an acute marketing sense.
All economists know that, at its core, inflation is caused solely by too much money chasing too few goods.
The Bush tax cuts in particular are politically charged. Many people want to see the rich taxed at higher rates, with little regard for the impact on the economy.
Estimates of the private-sector costs of civil litigation top out at about 2 percent of our gross domestic product, so for every $50 spent in the United States, $1 goes to support legal costs and settlements.
The holiday season in the United States has morphed into a time of concentrated purchases.
