christianhartselle, Author at Econ Briefs

Archives

Author: christianhartselle

W
War, Memory, and Moral Clarity – by Dr. Cecil Bohanon and Dr. John Horowitz
- Geopolitics
May 2, 2025 by christianhartselle
Reinhold Niebuhr was an influential 20th-century theologian and writer. In 1937, he reflected on the European conflict of his day. “France’s vindictive oppression of her German foe was prompted by genuine fears, lest she be destroyed if the foe should arise and regain her strength. But the spirit of vengeance against this injustice was the […]

Read More
T
The Labor Lens of Claudia Goldin – by Dr. Cecil Bohanon and Dr. John Horowitz
- Research
May 2, 2025 by christianhartselle
Claudia Goldin won the 2023 Nobel Prize in Economics. She is best known for her research on women’s earnings and labor market participation since the 1800s and for why there is a gender pay gap. She finds that childless men and women earn about the same, but having children reduces women’s earnings because they mainly […]

Read More
I
Inflation, Interest Rates, and the Fed’s Next Move – by Dr. Cecil Bohanon and Dr. John Horowitz
- Inflation
May 2, 2025 by christianhartselle
Where is the U.S. economy going, and what should government do to ensure prosperity? A critical player is the Federal Reserve, whose primary job is maintaining a low and stable inflation rate. The Federal Reserve has more or less established a 2% long-run inflation target. In our opinion, it would be very unwise for the […]

Read More
E
Economics: A Degree of Value – by Dr. Cecil Bohanon and Dr. John Horowitz
- Education
May 2, 2025 by christianhartselle
We, economics professors, love our bragging rights. At Ball State, we advertise our economics major as “the major that pays.” Numerous studies back this up. Undergraduates majoring in economics earn more than those majoring in most other fields of study, the exception being engineering majors. Economics majors consistently earn more than other business school majors. […]

Read More
E
Elinor Ostrom in the Cul-de-Sac – by Dr. Cecil Bohanon and Dr. John Horowitz
- Government
May 1, 2025 by christianhartselle
Elinor Ostrom, who taught at Indiana University, was the first woman to win the Nobel Prize in Economics. Her work focused on various mechanisms of self-governance of common resources. Ostrom documented how local communities in the developed and less developed world managed common resources like water, forests, and fisheries. As an economist, Ostrom focused on […]

Read More
T
The Fed’s Fight: Money vs. Inflation – by Dr. Cecil Bohanon and Dr. John Horowitz
- Inflation
May 1, 2025 by christianhartselle
“Inflation is always and everywhere a monetary phenomenon.” Milton Friedman made this line famous in a talk he gave in India in 1963. In his view, both the cause and the cure for inflation rest squarely with the monetary authorities. Inflation is caused by an excessive expansion of the money supply and is cured by […]

Read More
T
The Purpose Beyond the Paycheck – by Dr. Cecil Bohanon and Dr. John Horowitz
- Career
May 1, 2025 by christianhartselle
College students spend much time thinking about what they want to do with their lives. The right to determine the course of one’s life and career is a glorious privilege free people enjoy. Typically, students get career advice from family, friends, teachers, and counselors. We encourage them to investigate alternatives and ask questions such as: […]

Read More
W
Who Pays Corporate Taxes? – by Dr. Cecil Bohanon and Dr. John Horowitz
- Tax
May 1, 2025 by christianhartselle
Stan Lee, who passed away at 95 in 2018, is credited with creating or co-creating over 300 cartoon characters, including Spiderman, Thor, The Hulk, Black Widow, and Black Panther. Mr. Lee didn’t amass the fortune of other creative entrepreneurs, such as the $5 billion of Star Wars creator George Lucas. Mr. Lee earned $1 million […]

Read More
K
Kicking the Can on Student Debt – by Dr. Cecil Bohanon and Dr. John Horowitz
- Education
May 1, 2025 by christianhartselle
With much fanfare, President Biden announced a debt relief program for those holding student loans. The debt relief program will cost more than $500 billion, effectively wiping out all the deficit reductions from the Inflation Reduction Act. The $500 billion in foregone revenue must lead to other spending reduction, increases in other taxes or an […]

Read More
A
A for Effort—or for Funding? – by Dr. Cecil Bohanon and Dr. John Horowitz
- Education
May 1, 2025 by christianhartselle
Perhaps the best bumper sticker for economics is: Incentives Matter. This insight is vital in thinking about behavior, including how for-profit and not-for-profit firms operate. Here is an example from our own backyard. From 1970 to 1990, university completion rates, defined as the percentage of entering university freshmen who attain a degree within a six-year […]

Read More

Page: 1
Next Page

View by: