hmessenheimer's Archive

NM’s Education Pyramid Scheme?

Mark Perry blogs about out-of-control retiree costs in Michigan public schools. My guess is that New Mexico faces a similar situation. Can anyone enlighten us on public school retirement formulae in NM?

Why Prosperity Stops at New Mexico’s Border and How to Fix it

Although the focus of this great new book is about the relative absence of prosperity in West Virginia, it could just as well be about New Mexico. The book is receiving lots of attention in WV. Maybe we could get the authors to write about New Mexico too, since it ranks right down there with [...]

Unbelievable or Believable — Take Your Pick

The greatest tax increaser in New Mexico history is starting a doctorate in corporate welfare (see yesterday’s Business Outlook p.2. “NMSU plans a doctorate” — no link available). The acronym for the program is DED (we could only wish it were so — but this is New Mexico).

New Mexico Sprouts New Credit Claiming

In today’s Albuquerque Journal Rick Homans is claiming that he and the Richardson Administration have created new jobs. It is easy to see the results of government action when it creates government favors for particular interests whether they be movies, spaceports or what not. The people who get jobs as a result of the [...]

Making More Sense of Things That Don’t Make Sense

Thomas Sowell adds another fine article to his series on “dangerous obsesssion.”

One Can Only Hope

Headline in Friday’s Albuquerque Journal:
“Gov. Details Plan to Cut Emissions”
HT: Robin

Winter Wonderland 2006

We have over 14 inches of snow in the East Mountains. Enjoy:

Making Sense of Things That Don’t Make Sense

Thomas Sowell does a great job of teaching us economics in four recent, short articles (one, two, three and four).
The articles explain sources of value and knowledge in human interaction and how values and knowledge translate into wages, prices and progress. I won’t attempt to summarize Sowell here, since he is one of the [...]

The Seductive Snowballing of Government

So far I have not noticed any local mention of Saturday’s New York Times article featuring greedy, villainous, predatory payday lenders in New Mexico. At least that is the impression you get from reading the article that is not on the editorial page (“Seductively Easy, Payday Loans Often Snowball”):
While such lending is effectively banned in [...]

Community Heroes

Thanks to the Citizen for recognizing RGF President Paul Gessing and other deserving individuals as “community heroes.” I wholeheartedly agree. The evidence for Paul is here.

Capitol Report New Mexico
New Mexico Watchdog


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