BOHANON & CUROTT: Lots to consider in debate over rising insulin prices
Last month, Indy-based Eli Lilly and Co., the original innovator in insulin, introduced the first low-priced “generic” version of its current insulin product.
Nick Curott / Special to IBJ
Articles
BOHANON & CUROTT: Fed’s growing power poses danger to financial markets
Since 2008, the Fed has explicitly tried to steer the entire economy by targeting long-term rates. This is a major expansion of Fed power.
BOHANON & CUROTT: Use incentives, not mandates to improve the climate
From an economist’s perspective, the simplest and most straightforward way to speed the evolution from fossil fuels to clean energy—if that is what we want—is by directly taxing the attribute of fossil fuel that is offending: its carbon emissions.
BOHANON & CUROTT: Higher minimum wage hurts those it’s meant to help
full-service restaurants in New York City employed 3,000 fewer workers in December 2018 than in December 2017; the city increased the minimum wage from $11 an hour to $13 in 2018.
BOHANON & CUROTT: Here’s an issue almost everyone can agree on
Americans are more divided on political issues today than at any time since the Civil War. This makes the Feb. 20 U.S. Supreme Court’s ruling in Timbs v. Indiana a breath of fresh air.
BOHANON & CUROTT: What Amazon could’ve expected from Indiana
We welcome you but won’t worship you nor give you everything you want.
BOHANON & CUROTT: Market economy makes us richer than Rockefeller
When the first-ever Forbes list of the wealthiest Americans came out in 1918, John D. Rockefeller was on top with an estimated net worth of $1.2 billion. Adjusted for inflation, that’s more than $20 billion today. Does that staggering sum make you envious? It shouldn’t. Consider the following hypothetical: How much money would someone have to offer […]
BOHANON & CUROTT: All ideologies should heed Venezuela’s lesson
The country has melted down because of a price system made dysfunctional by policies socialist regimes are prone to adopt, but also detrimental if adopted by non-socialist governments.
BOHANON & CUROTT: Lawmakers shouldn’t shut door on marijuana reform
Pro-reformers say new users will be opioid addicts who ditch opioid prescriptions or heroin for marijuana. Anti-reformers say new users will be vulnerable teenagers. Who is right? Probably both.
BOHANON & CUROTT: An economist’s remedy for toxic masculinity
the discussion of self-command by famous economist Adam Smith in “The Theory of Moral Sentiments” offers some useful insights.
BOHANON & CUROTT: Don’t fall for the idea a recession is ‘overdue’
The claim that a recession is more likely in 2019 because there hasn’t been one in a while is an example of the gambler’s fallacy.
BOHANON & CUROTT: State’s fiscal news offers something for everyone
The good news is that state tax revenue is on target to exceed expectations. The bad news is that mandated Medicaid expenditures are also on track to be above expectations.
BOHANON & CUROTT: For not-for-profits, fundraisers are more than money makers
Are church bazaars, veteran-organization chili suppers or light displays at art institutes fair game? Or do they corrupt the mission of the organization?
BOHANON & CUROTT: Increasing life spans change millennials’ behavior
If 60 is a venerable old age—then one had better get going early on. However, when 60 is more like midlife, it makes sense to waste around until age 30.
BOHANON & CUROTT: State sometimes benefits too much from civil forfeiture
Economists view fines, forfeitures, jail sentences or other sanctions as a “price” imposed on undesirable activity. But if the price is too high, punishment becomes disproportionate to the crime.
BOHANON & CUROTT: Data can be dangerous in government hands
As if you didn’t know, Big Tech keeps track of our internet searches and uses that information (gasp!) for profit.
BOHANON & CUROTT: Our nation’s economic future depends on immigrants
In 2030, because of population aging, immigration is projected to overtake natural increase (the excess of births over deaths) as the primary driver of population growth for the country.
BOHANON & CUROTT: 5 million men are missing from America’s labor force
If labor-force participation among prime-age men were at 1950-1970 levels, the economy would have 5 million more workers.
BOHANON & CUROTT: Fed must stay independent, ignore Trump tirades
The officials in charge of setting the governments’ budget should not be the same officials in control of the printing press.
BOHANON & CUROTT: Trade pacts aren’t only about politics and producers
Journalists, commentators and economists routinely ignore consumers in trade discussions.