Cecil Bohanon and John Horowitz: ‘Crowd wisdom’ influences betting odds
So why would the price of these contracts be of interest? It goes back to the “wisdom of the crowd.”
Economic Analysis
Articles
Cecil Bohanon and John Horowitz: Clock is ticking on getting federal deficit under control
Federal expenditures will increase from 23.9% of GDP in 2024 to nearly a quarter of the U.S. GDP by 2034.
Cecil Bohanon and John Horowitz: The eclipse and nature’s economic power
The late Yogi Berra’s seemingly oxymoronic quip, “Nobody goes there anymore; it’s too crowded” rang strangely accurate.
Cecil Bohanon and John Horowitz: Hospital mergers can bring big economic consequences
Merger-related price increases mean employer-sponsored plans pay hospitals more for each procedure, meaning health insurance companies charge more for health insurance.
Cecil Bohanon and John Horowitz: Content creating not the gold rush it once was
According to a Goldman Sachs report, there are 50 million income-earning, online-content creators, and that number is expected to increase.
Cecil Bohanon and John Horowitz: Are nuclear regulations and actual risk proportionate?
For better or worse, America’s energy future will be determined by political considerations as much as market conditions since all energy sources generate external costs that are not fully incorporated into market prices.
Cecil Bohanon and John Horowitz: Fallout from tariffs is seen in unexpected places
The tradeoff is that the tariffs increase prices, and industries that use the now higher-priced goods as inputs in their production hire fewer workers.
Cecil Bohanon and John Horowitz: Not just about dollars: Economics embraces a broad way of thinking
Many people think economics is just about dollars and cents. However, it is much broader than that.
Cecil Bohanon and John Horowitz: Innovation drives investment outcomes
According to Bruce, if a person had bought the used Tucker in 1951 and reasonably maintained and stored the car, it would be worth at least $1.5 million today.
Fed should stay the course until inflation is under 2%
As a result of distributing COVID-19 relief funds to pretty much everybody, spending rose, eventually triggering inflation.
Cecil Bohanon and John Horowitz: Devil is in the details with ceasefire results
Ceasefires are tools groups use to improve their economic and political positions.
Cecil Bohanon and John Horowitz: Students and universities need to practice forbearance
It seems to us that a correct degree of mutual forbearance is essential in navigating conflicts in a free society.
Cecil Bohanon and John Horowitz: Freedom—and control—of seas still matters
Mahan wrote in the late 1800s and early 1900s during the first period of globalization and viewed access to the ocean commons as crucial to a global economy.
Cecil Bohanon and John Horowitz: The ties that bind government and media
There is nothing new nor particularly improper about a publication or news organization having an ideological or political slant.
Cecil Bohanon and John Horowitz: Macroeconomics concepts for non-economists
GDP does not include household production, such as cleaning, yard work and raising children, nor the underground economy, and has other conceptual flaws, but as noted above, it is a consistent measure.
Cecil Bohanon and John Horowitz: Microeconomic concepts for non-economists
What economic concepts are most important for citizens? Here is our top 10 list of microeconomic concepts.
Cecil Bohanon and John Horowitz: War’s harm to international trade lasts decades
One measure of a nation’s involvement in the international economy is the percentage of its gross domestic product exported, where exports are goods and services provided to the rest of the world.
Cecil Bohanon and John Horowitz: Local government essential in balanced governing
Perhaps a reason the U.S. state-building in Afghanistan failed was because our policy centralized authority under an elected national leader but ignored the crucial role of local leadership.
Cecil Bohanon and John Horowitz: Fed should lower inflation further before touching rates
The U.S. Federal Reserve has a tremendous responsibility to stabilize the value of the U.S. dollar.
Cecil Bohanon and John Horowitz: With all its information, the internet won’t settle political debates
While resolving facts might be much easier today, discerning between narratives is likely more difficult.