Bill Styring

Bill
Styring

Styring is an economist.

Full Biography

Styring is an economist.

Full Biography

January 29, 2017 10:36 PM

Will Indiana get screwed again?

For nearly 50 years I’ve followed compilations of how much revenue Indiana contributes toward versus how much we get back on federal grants to states.  We gotten back somewhere between 80 cents and 92 cents for every dollar we ship eastward.  There are various reasons for this, it oscillates over time, and the precise answer depends on the methodology being used.  But the answer is always generally the same:  Indiana is a “donor” state.  Our…

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November 10, 2016 12:35 PM

A modest research proposal

Rummaging around the closet, ran across the old academic social scientist hat I once wore.  Put on the Magic Hat and immediately had an impish idea. Researchers always have trouble plumbing the minds of subjects.  We look for ways for them to “reveal” their innermost thoughts and motives by their actions.  People can prevaricate, but when their own self-interest is at stake the actions they take seldom lie.  Never had this been more apparent than…

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July 30, 2016 10:35 PM

Mike Pence and the ultimate bar bet

Take a break from our political jousting and have a little fun.  Here’s a historical trivia question guaranteed to win a bet from the guy at the next bar stool. In our living memory, Mike Pence is the second VP candidate from Indiana (Quayle, of course, being the other). Question:  When was the last time both major political parties had a Vice-Presidential nominee from the same state? Bonus:  From what state? Bonus #2:  Name them. Answer:  It…

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July 20, 2016 6:25 PM

Gun control and Cleveland

“An armed society is a polite society.  Manners are good when one may have to back up his acts with his life” –Robert A. Heinlein, Sci-Fi writer Cool the political passions for a moment and note the fascinating “gun control” experiment about to unfold in Cleveland over the next few days. Ohio has a very liberal open carry law.  We’ve already seen video of pro-Trumpers walking around with holstered handguns and shoulder-slung long guns.  Black…

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May 18, 2016 10:39 PM

TSA lines and Venezuelan beer

Martial law in Venezuela.  Riots in Caracas.  The people suffered in silent resignation when electricity, milk, bread, toilet paper and disposable diapers a all went in very short supply.  But when they ran out of beer.  Well, that was too much.  Not to worry, says the Modero government.  The beer shortage is caused by greedy capitalists.  So we’ll nationalize the breweries and all will be well.. That’s what they tried with toilet paper.  It won’t…

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December 13, 2015 1:29 PM 3 Comments

Paris and the Kellogg-Briand Treaty

The Paris Climate Confab has wound up, and we have an agreement. I don’t know any more about the details of the deal than what John Kerry said on TV this morning.  But from what he said, two words popped into mind:  “Kellogg-Briand”.  K-B isn’t much taught in the history books these days, probably because international diplomats would like us to forget about it.  It was a 1928 treaty, ramrodded by the U. S. (Secretary…

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October 30, 2015 11:03 AM 2 Comments

That budget/debt limit deal

Am reading the small print of the budget/debt limit deal that has every Washington D. C. faction grumbling.  The one that lets the feds keep borrowing, blows through the “sequester” to spend another $80 billion , and modestly tightens the SS disability program.  Nobody is in love with this thing.  It may pass simply because it’s the least worse alternative. But there’s something in this deal that hasn’t gotten much attention.  It doesn’t “raise the…

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October 16, 2015 8:29 PM 23 Comments

Whither Obamacare now?

Don’t know if you’ve noticed, but the Affordable Care Act (aka Obamacare) seems to have hit an equilibrium point.  It’s not clear where additional insured persons are going to come from. You’ll recall the ACA’s goal was to “cover” most nearly everyone.  There were 3 routes to new health insurance coverage  First, Medicaid income eligibility requirements were loosened.  Originally states were not required to buy into this, but the penalty for opting out was loss…

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May 10, 2015 1:24 PM

Is the “Iron Law” kicking in?

Last December I introduced you to the “Iron Law ” (“Clock to tick soon on the ‘Iron Law of Presidential Elections’ “).  The IL is a simple (or, “-istic”) rule for predicting the next presidential election.  If there is one negative quarter (real GDP change is a “minus”) in either the election year or the year prior to the election–2016 or 2015 in this case–the party in power in the White House switches.  If all…

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May 7, 2015 5:45 AM 1 Comment

Tammany Hall-by-the-Interstate

Carmel voted Tuesday, and it would be hard to find an election where the battle lines were more clear or the outcome more decisive. Mayor James Brainard was shooting for his 6th term.  He faced probably his stiffest challenge ever in City Council President Rick Sharp.  Sharp had a significant war chest.  I’m not privy to how much each spent, but Sharp reportedly spent in the vicinity of $150,000.  Brainard’s outlay certainly was at least…

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