Researcher: Why corporate welfare doesn’t work — in NM or any other state
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Whether it’s liberals who insist that New Mexico should provide tax breaks or subsidies for “green” jobs and the movie industry or it’s conservatives who call for favors for manufacturing or extractive industries, Adam Thierer says both approaches are wrongheaded.
The senior research fellow at the Mercatus Center at George Mason University, which promotes free-market applications to public policy questions, says New Mexico is better served when the state government doesn’t play favorites — even for specially-targeted attempts to boost the state’s economy.
We had a chance to talk to Thierer, who advocates for a level economic playing field for all states to follow. Here’s our interview, which runs just over 5 minutes: