Increased Taxes Inevitable?

It is distressing to see that Bruce Bartlett is waving the white flag on taxes and spending. That is his rationale favoring a value added tax.

The actual effects of government intervention and their intended effects

They just don’t get it. Why do they think “the siren song of collectivist solutions” is going to make things better? There is no empirical evidence either specifically (for example, here or here) or generally to support them. Their wandingerous arguments mainly consist of flippant remarks and personal insults.
I think Milton Friedman best sums up [...]

There they go again — price controls

New Mexico cannot get over its anti-market mind set. Now big Bill wants to impose price controls in the form of caps on payday loans (subscription):
“Gov. Bill Richardson says he’ll introduce a measure to the Legislature this week that will cap interest rates on payday and car title loans.
‘I’m going to enter the fray and [...]

Leave Us Alone

Bad things are happening in Santa Fe. They prevent voluntary interaction; they coerce us into doing what we do not want to do. Why cannot the Guv and Legislature leave us alone?

A Healthy Market

Some of you may have to see this post by Alex Tabarrok at marginalrevolution.com to believe it. Does this help you see more clearly that “government is the problem, not the solution?”

Reel Money: Should Taxpayers Finance Movies?

The State Investment Council has just agreed to lend $7.5 million at zero interest for three years to finance the production of a movie to be filmed in New Mexico. The film will tell the inspiring story of a man and his grandson who drift into Mexico and both fall in love with the [...]

What might have been for New Mexico

Have you ever wondered what New Mexico might be like had its state government not grown so fast? We can get some idea by looking to our neighbor to the north. Colorado has imposed tax and spending limitations by rule since 1992. These limitations are known by the acronym TABOR (Taxpayers’ Bill [...]

Are Barriers to Trade Compassionate?

When Gregory Mankiw, President Bush’s Chairman of the Council of Economic Advisors recently noted the benefits of outsourcing jobs, politicians crawled over one another to be the first to denounce his idiocy. Senators Clinton, Kennedy and Schumer, for example, wrote “[we are] troubled by the astonishing statement of…Gregory Mankiw, that ‘outsourcing is just a [...]

For Eyes of New Mexico

Last week I visited an eye clinic in Albuquerque. As I was completing the paperwork prior to my exam, a young woman entered the office. She was visibly upset because she had been unable to obtain new glasses under her old prescription. She was informed that opticians in New Mexico are prohibited from filling eyeglass [...]

Lack of Economic Freedom in NM

Economic Freedom Promotes Prosperity
The Rio Grande Foundation’s research and educational activities are based on the principle that:
Increased individual liberty leads to increased prosperity, individually and collectively, so long as voluntary contracts are enforced and well-defined property rights exist.
This principle is derived from a sound empirical foundation and examination of incentives. When societies [...]

Capitol Report New Mexico
New Mexico Watchdog


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