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 [...]
Read More Economic FreedomThe 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).
Read More Decidedly New MexicanIn 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 government [...]
Read More Economics in FocusThomas Sowell adds another fine article to his series on “dangerous obsesssion.”
Read More Economics in FocusHeadline in Friday’s Albuquerque Journal: “Gov. Details Plan to Cut Emissions“ HT: Robin
Read More A Little LevityThomas 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 [...]
Read More Economics in FocusSo 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 [...]
Read More Classical LiberalismThanks 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.
Read More Decidedly New Mexican