Cecil Bohanon and John Horowitz: Set your Scrooge aside, holiday joy is in the giving
Tidings of “comfort and joy” were exchanged.
Economic Analysis
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Report: Golf tees up big economic impact in Indiana
An economic impact report from the National Golf Foundation, released Tuesday, suggests the business of golf is a $2 billion economic driver in Indiana.
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Central Indiana lacks educated workforce to fill high-skilled jobs, report finds
The report from Ascend Indiana and the Marion County Workforce Investment Board is the latest indicator that employers are leaving jobs unfilled because of a talent shortage.
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Economic study: IndyParks’ green impact goes well beyond plants, trees
Each dollar spent on Indianapolis Parks and Recreation generated about $3.13 in the local economy in 2019, with an economic impact of $106.8 million that year, researchers at IU’s Public Policy Institute estimated.
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Articles
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.
Chicago Fed president weighs in on interest rates in Indianapolis visit
Federal Reserve Bank of Chicago President Austan Goolsbee said he supports additional interest rate cuts—although he also said it’s difficult to determine the ideal rate.
U.S. economy should continue growing in 2025, economist says
The U.S. economy is strong and should continue to grow next year, Fifth Third Bank Chief Investment Strategist Tom Jalics said at IBJ’s 2025 Economic Forecast breakfast Thursday.
Cecil Bohanon and John Horowitz: Uncover the crux of the matter to succeed
Don’t attack cruxes you don’t yet have the skills to handle. Leaders also need to determine what sources of power and leverage they can use to solve the crux.
Cecil Bohanon and John Horowitz: In cooperation, expand the pie and split the gains
If two parties envision a gain from cooperation, they should first agree on the precise magnitude of that gain.
Cecil Bohanon and John Horowitz: How fertility rates impact society—and taxpayers
Fewer people in the working-age population and more older Americans mean that U.S. taxpayers may be unable to afford future Social Security benefits increases.
Cecil Bohanon and John Horowitz: Prejudice hurts both people and the economy
One reason many American workers were worse off was because Chinese labor filled market niches that made American workers more productive.
Cecil Bohanon and John Horowitz: Walmart’s help in disasters isn’t solely a benevolent action
After all, a partnership with Dolly Parton is unlikely to hurt the bottom line.
Cecil Bohanon and John Horowitz: Are carbon taxes a beneficial tool? It depends.
The last time world CO2 levels consistently exceeded today’s 420 ppm was about 14 million years ago during the middle Miocene, after which the Earth slowly cooled toward a series of ice ages.
Cecil Bohanon and John Horowitz: Court: Congress has the right to cut Social Security
He was deported from the United States in 1956 because of his affiliation with the Communist Party in the 1930s.
Cecil Bohanon and John Horowitz: Microlending has fallen out of favor as a cure for poverty
While some people have overcome poverty via microloans, economic research finds that microloans don’t improve the finances or health of most low-income individuals.
Cecil Bohanon and John Horowitz: Students hear assortment of Rice’s insights
When asked which three parts of the world are currently most problematic for the United States, Rice listed the Middle East, Russia and Venezuela.
Cecil Bohanon and John Horowitz: The Pendleton Act of 1883 reformed civil service
In much of the 1800s, the post office had more employees than any other branch of the federal government, including the War Department.
Cecil Bohanon and John Horowitz: Both buyer and seller of illegal art are liable
Although unwitting buyers of low-value goods stolen by fly-by-night hustlers might not run much risk of prosecution, museums and private collectors of ancient artifacts are under increasing scrutiny to ensure items in their collections have been obtained legitimately.
Cecil Bohanon and John Horowitz: No, Venezuelan oppressors are not now capitalists
The more subjective but widely used U.N. Social Progress Index (SPI) shows that Venezuela “has seen the biggest drop of any country in its SPI rank between 1990 and 2020.”
Cecil Bohanon and John Horowitz: Prices that fluctuate with usage change behavior
Though governments today simplify Vickrey’s proposals, congestion pricing is used in Singapore, Stockholm and London.