Bohanon: For-Profit and State-Run Enterprises
by Cecil Bohanon, Ph.D. A simple insight I teach introductory economics students is that for-profit firms strive to maximize profit. What is more important, however, is that all for-profit firms, from a roadside taco stand to the largest company, receives constant feedback as to how they are doing through the metric of profits and losses. Read the full article…
Indiana at 200 (50): Famous, Infamous at Crown Hill
by Andrea Neal It is the nation’s third largest cemetery and a “Who’s Who” of Hoosier heroes. One president, three vice presidents and 11 governors are buried there. The grave of poet James Whitcomb Riley occupies the highest point — the “crown hill” — and is one of the most popular tourist sights in Indianapolis. Read the full article…
Outstater: No ‘Indiana mandate’ for Gregg, Pence?
“If a book can lead a state out of the wilderness, this is it.” — Lead editorial in the May 14, 1992, Indianapolis Star “By increasing K-12 appropriations by $474 million, the 2015 budget contains the largest increase in K-12 education in the state’s history.” — press release, April 30, 2015, from the Indiana House Read the full article…
Bohanon: A Simple Guide to Presidential Politics
by Cecil Bohanon, Ph.D. The 2016 presidential race is anybody’s guess. Hillary Clinton is the Democratic front-runner as of now. There is no clear front-runner among the Republicans. In fact, no prospective Republican candidate polls more than 20 percent among GOP voters. Although my crystal ball is cloudy, I think a simple observation about the Read the full article…
Outstater: ‘Your Life Matters’
BLACK FAMILIES in Indianapolis might want to keep their sons close in coming months. The gentry there is coming to help them. One hundred executives of groups with missions as impossibly diverse as the Indiana Bureau of Motor Vehicles and the Girl Scouts of Central Indiana are organizing to save young black men. They march under Read the full article…
Indiana at 200 (49): Eli Lilly Built State’s Iconic Business
by Andrea Neal From the time he was a youngster, Eli Lilly was fascinated by pharmaceuticals. At 16, he served as an apprentice at the Good Samaritan Drugstore in Lafayette. During the day, he stocked shelves, washed bottles and ran errands. At night, he pored over the United States Pharmacopoeia to learn everything he could Read the full article…
