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Dates
- May 2025
- April 2025

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Measuring Inflation Using CPI vs. PCE – by Dr. Cecil Bohanon and Dr. John Horowitz
- Inflation
May 7, 2025 by christianhartselle
The Consumer Price Index (CPI), calculated by the Bureau of Labor Statistics, and the Personal Consumption Expenditures index (PCE), calculated by the Bureau of Economic Analysis, are the two most common measures of inflation. From December 2022 to January 2023, the CPI indicated that the year-to-year inflation fell by 0.1% from 6.5% to 6.4%; while […]

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Stay the Course to Lower Inflation – by Dr. Cecil Bohanon and Dr. John Horowitz
- Inflation
May 6, 2025 by christianhartselle
Originally written on 1/17/2023 The Bureau of Labor Statistics reported that the year-to-year increase in the consumer price index (cpi) fell from a high of 9.0% in June 2022 to 6.5% in December 2022. This is good economic news because this is the sixth consecutive month the year-to-year rate has declined. The Federal Reserve’s policy […]

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How We Count the Poor—and Why It Matters – by Dr. Cecil Bohanon and Dr. John Horowitz
- Social mobility
May 1, 2025 by christianhartselle
Since welfare reform in the 1990s, some studies have reported that poverty has increased for single-parent households. However, this depends on how you measure income and over what time frame. The official U.S. definition of poverty doesn’t include non-cash benefits, tax credits, nor capital gains or losses. The official poverty measure excludes Food Stamps (SNAP), […]

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This Thanksgiving, there’s plenty to be grateful for – by Dr. Cecil Bohanon and Dr. John Horowitz
- Macroeconomics
April 30, 2025 by christianhartselle
Originally written on 11/22/2022 During the dark days of the Civil War and while probably experiencing depression, Abraham Lincoln declared a day of Thanksgiving for the bounties and blessings Providence provided. Many countries and cultures have harvest festivals and thanksgiving feasts to express thanks. Philosophers, religious leaders, and scientists throughout the ages have discussed how […]

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