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Two Key Economic Lessons in One BillHoosiers face trade-offs and opportunity costs in the wake of SEA1.

Time to Fix Economic Development PolicyAllocating tax dollars to land development won’t cause economic growth.

The Unanticipated Effects of SB1Businesses, governments and households may all feel the effects.

The Stupidest of PoliciesThis whipsawing of tariff rates has unnerved financial markets, which on Wednesday, were toying with a liquidity crisis.

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CBER Weekly Commentaries - 2014

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January 5, 2014 Economic Systems, North Korea and the ACAThe problem is that the economy we have is not a system; it is a series of markets that cannot be organized.
January 12, 2014 The Coming Fed ActionsDevelopments in the Federal Reserve stimulus argument brew tantalizing ideas.
January 19, 2014 The Choices of Income InequalityLabor markets value different skills in different ways.
January 26, 2014 Consumption Inequality, Not Income Inequality, Is the Real IssueWellbeing is determined from benefits from consumption, not earnings.
February 2, 2014 Policy on Income Inequality and Poverty Hasn’t WorkedIt is what kids learn at home, not how much their parents make that affects income mobility.
February 9, 2014 The Changing State of the Middle ClassOur middle class was built upon an unsustainable combination of low-productivity, high-wage jobs in large factories.
February 16, 2014 Disliking the Rich Among UsNintey-nine percent of the top 20 percent of households earn their income through employment.
February 23, 2014 Assortive Making, Social Mobility and Income InequalityA century ago, most Americans married young and locally, with education playing a much smaller role.
March 2, 2014 The Minimum Wage Debate Is a Complex OneAn increase in minimum wage will lead to a decrease in jobs.
March 9, 2014 Russian Sanctions Are RiskyAdding armed conflict to a place with even a tiny whiff of ethnic tension rarely turns out well.
March 16, 2014 Worry About Real Job CreationIn a good year there are more jobs created than destroyed, but in any year there is a lot of job churning.
March 23, 2014 Inflation and GrowthCurrent models can teach the basics of economic functions, but fail to illustrate the conditions for long-term growth.
March 30, 2014 Where Is the Fraud in Benefit Programs?Most government assistance programs, including SNAP and disability assistance, experience abuse of 1.5 percent or less.
April 6, 2014 Simple Economics Lessons for Hard TimesFar too much worry is placed in the short-term ups and downs of the economy.
April 13, 2014 Measuring the UnmeasurableMany things we value are not bought and sold, and so have no visible price.
April 20, 2014 Taxes and Government ValueAs with any value determination, the price (or tax rate) is only half the story.
April 27, 2014 Some Truth of Men’s and Women’s WagesOccupation, education, job tenure and experience explain almost all wage differences; gender, almost none.
May 4, 2014 The Tale of Three StatesThe balance of state and local government results in noticeably different outcomes in Indiana, Ohio, and West Virginia.
May 11, 2014 Some Economic Consequences of MotherhoodMany women make great sacrifices for motherhood at the expense of their careers.
May 18, 2014 Hoosiers Will Pay for Better Public ServicesTaxpayers are concerned with the value of government, not the cost alone.
May 25, 2014 The VA and Broken PromisesA promise of nearly infinite health care to any large group of people will have a nearly infinite cost.
June 1, 2014 Piketty in the 21st CenturyIs income inequality tied to capital investments?
June 8, 2014 Slow Growth and TechnologyFor some time, much of the nation believed that each new generation would be better off than the previous one.
June 15, 2014 The Fault in Our Film Tax CreditsTax incentives caused this Indianapolis-set movie to be shot in another state.
June 22, 2014 Accountants to the RescueGovernments must report the level and type of future payment obligations on pensions.
June 29, 2014 Tax Conference Was Really About Tax FairnessEvery loophole, deduction, exemption, abatement and special carve-out of taxes is designed to benefit one class of citizens at the expense of others.
July 6, 2014 Court Rulings Uphold FreedomSome issues should stay as matters of individual conscience, not public policy.
July 13, 2014 Indiana Gets a Small Business RankingComplaints about high taxes might simply mean that local government isn't delivering sufficient quality for the cost of government.
July 20, 2014 State Taxes and a Slowing EconomyState income taxes are a good place to try to begin understanding state economic performance.
July 27, 2014 Truth and Consequences about InflationInflation is oft confused with simple fluctuations in supply and demand.
August 3, 2014 A Century After the Great WarWWI triggered dramatic change that we can still feel today around the world.
August 10, 2014 Corporate Tax Inversion Corporations should have a say in the laws that govern them.
August 17, 2014 Embrace the College ExperienceFor academic success, nothing replaces pure dogged effort and drive.
August 24, 2014 Who Actually Pays Taxes Isn't an Easy GuessIt is the laws of economics, not government rules, that determine who bears the burden of taxation.
August 31, 2014 Liberalism on Campus Is Mostly IrrelevantIn my experience, few professors use their political feelings to inspire their coursework.
September 7, 2014 Forecasting in the Silly SeasonElection season is rife with misunderstood economic projections.
September 14, 2014 Focus on Shrinking the Federal GovernmentMost of our current problems are at the local level: schools, crime, housing, unemployment, and poverty.
September 21, 2014 A Public Lecture on Economic Development PolicyThe changing economic landscape makes attracting people, not business, the successful strategy.
September 28, 2014 Deflation WorriesA deflationary world is one where consumers and business have too little money to chase too many goods.
October 5, 2014 More Wisdom in Tax Increment FinancingThe arrival of new sporting goods store raises questions about local government policy.
October 12, 2014 Worrying About a Stock BubbleConditions hint that we could be in for another financial crisis.
October 19, 2014 Polarized Labor Markets and the Supply and Demand of Unskilled Workers High-skilled and low-skilled workers face very different futures in this economy.
October 26, 2014 Ebola, Soda and School LunchesThis whole issue is about the size and scope of government.
November 2, 2014 Some Big Ideas for the ElectionThough a large swing is predicted to favor the GOP, it is clearly out of frustration with the current administration.
November 9, 2014 We Need the Right Early Childhood Education ProgramsIn this case, turning down federal funding may actually be the right move.
November 16, 2014 We Need Thoughtful, Sustained Policies for Growth, Not GimmicksLet's focus on an educated workforce and quality of place.
November 23, 2014 Thank You, Professor GruberGruber is a well-regarded health economist who created a micro-simulation model used for health care policy.
November 30, 2014 Worries During the Forecasting SeasonAt this rate, our standard of living will double in 80 years.
December 7, 2014 The Lessons of an Oil Price DropThis is a clear example of an often misunderstood economic principle at work.
December 14, 2014 Chicago Raises the Minimum Wage, Protecting the Mayor’s JobIf the minimum wage is set above the market wage, some workers will lose jobs while some will be better paid.
December 21, 2014 Market Value of WorkMarkets balance the value placed on a good or service by both buyers and sellers.
December 28, 2014 Labor Markets in 2014The data indicates this was a strong year for Indiana employers.

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