Articles

HICKS: Tenure is protectionism in a tweed jacket

Academic tenure, with its promise of lifelong employment based upon five to seven years of work experience, is silly and
makes those of us who have pursued a career in teaching and research look disingenuous.

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HICKS: Reducing deficit imperative for national prosperity

The end of this decade is as good a time as any to reflect upon what has passed. We’ve had wars, two recessions,
three presidents, five Congresses and 10 Bowl Championship Series teams. Our population has risen, employment has risen, and
personal income has risen. The average American family is healthier, wealthier and, ideally, wiser. However, to listen to political rhetoric today, you’d think we’ve been living in the darkest
of ages.

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HICKS: Recession results in ‘great deleveraging’

On virtually every meaningful measure, this recession stacks up as only the third or fourth worst post-World War II recession, but its effects are much more profound in a few areas. One area that will be most apparent is the changes the economy has wrought on consumer credit.

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