Southwest Public Policy Institutecitizens or residents of Mexico
New Mexico stands on the cusp of a golden era, with its oil and gas boom enriching the state’s coffers to unprecedented levels. Now is the time to ensure that this wealth directly benefits the very people who make New Mexico vibrant and unique: its residents. Drawing inspiration from Alaska’s Permanent Fund Dividend (PFD), it’s […]
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 […]
After more than two decades, there’s precious little ‘return’ from all the ‘public investment.’
Originally published at realclearmarkets.com on June 21, 2023 In New Mexico, an interest rate cap on specialized emergency loans when into effect in January. Since then, big-bank promoters have endorsed the small-dollar short-term loan products offered by U.S. Bank, Bank of America, Wells Fargo, Huntington Bank, and others as alternatives. Recently, those same activists have thrown in support for […]
The unintended consequences of price controls on consumer access to credit.
The $41,200 Centene Corporation investment in Governor Michelle Lujan Grisham’s reelection campaign has paid off.
The largest all-electric vehicle manufacturer is prohibited from selling their vehicles in New Mexico. Santa Ana Pueblo capitalized on it.
Why and How to Stop Taxpayer-Funded Advocacy
New Mexico’s Supreme Court denies a request to remand the PNM-Avangrid merger case back to the Public Regulation Commission, prolonging the legal battle and raising concerns about the state’s energy crisis.
We tested the prediction that banks will step in when payday lenders face restrictions. They didn’t want our business.