Originally published at Santa Fe New Mexican on June 11, 2022. Earlier this year, as New Mexico debated legislation limiting to 36 percent the annual percentage rate for consumer loans in the state, the primary witness testified in support of the bill before the Consumer and Public Affairs Committee. Claims were made that do not hold […]
Category: Markets and Finance
Erin Norman, senior messaging strategist at State Policy Network, recently published critical commentary of President Joe Biden’s inflation-fighting plan. Introduced last week, Biden highlights his plan in the Wall Street Journal. Composed of over 1,100 words, he spent one third of the article telling Americans how good things are right now. But the public begs […]
The personal finance website WalletHub just released its report on 2022’s Best and Worst State Economies. The WalletHub methodology incorporates twenty-eight indicators across three broad categories of economic activity, economic health, and innovation potential. The weighted final score is then used to rank each state. Source: WalletHub As seen before with metrics such as post-pandemic […]
Save for the rare instances where high start-up costs or other extreme barriers to entry are present or the potential customer base is extremely limited, most economists agree: Monopolies are bad for consumers. This thinking, now more than a century old, gave rise to the adoption of increasingly more comprehensive laws giving the federal government […]