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Domestic Policy Economy Government Regulation Legal and Judicial Markets and Finance New Mexico Political Thought Poverty and Inequality The Center for Economic Opportunity Top Issues

Albuquerque Journal: A public bank could crowd out community-based financial institutions

The 2022 passage of House Bill 132, which set a stringent cap of 36% on interest rates for consumer loans, is having its intended and significant repercussions on New Mexico’s financial landscape. This was no accident: by restricting the interest rates that small-dollar lenders can charge, the rate cap effectively marginalized an entire segment of […]

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Domestic Policy Economy Government Regulation Legal and Judicial Markets and Finance Political Thought Poverty and Inequality Public Opinion The Center for Economic Opportunity Top Issues Updates

Albuquerque Journal: The myth of big-bank small-dollar loans

In response to Fred Nathan’s (July 30) op-ed praising New Mexico’s efforts to end predatory lending, I must assert that the celebratory tone is premature and misguided. Two significant studies conducted by the Southwest Public Policy Institute — “No Loan For You!” published in March 2023 and “No Loan For You, Too!” published in June […]

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Budget and Spending Coal, Oil, Natural Gas Domestic Policy Economy Energy & Environment Government Regulation Government Spending New Mexico Political Thought Poverty and Inequality Public Opinion Taxes Top Issues

New Mexico’s Budget Surplus Should Fund School Choice Or Tax Cuts

Lawmakers have access to $2.5 billion in “new” money: will they choose education freedom or tax reduction?

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Budget and Spending Conservatism Culture Domestic Policy Education Government Regulation Government Spending Life New Mexico Political Thought Poverty and Inequality Progressivism Public Opinion Top Issues

Did School Closures Impact Education In New Mexico?

New Mexico suffered from some of the most draconian pandemic-related school closures in the country: how did this impact educational outcomes? On Tuesday, Esteban Candelaria, a staff writer with the Albuquerque Journal, reported on delays in academic assessment reporting from the New Mexico Public Education Department (NMPED). While data from SAT testing will be made […]