Regulation/Economic Development
Recent News
Voodoo economics don’t hold water
On Monday, Mark Zandi, a chief economist at a website division of Moody's Analytics, addressed a group of Las Vegas conventioneers and told them that pervasive government intervention into the marketplace — through record spending, artificial money creation, high taxes and indebtedness — will be a boon to the economy and will cause the recession to end by October. It's too bad the Keynesian ideas expressed by Mr. Zandi have never worked despite the many times they have been put into practice.
The real crisis
The news stories and the pundits today speak routinely of "crisis." Nearly always their topic is some facet of the worldwide financial meltdown. Remarkably, however, an even larger crisis faces the people of the U.S. and Nevada, and it, in many ways, is the cause of the world's financial pratfall. Yet, it is rarely acknowledged, if at all.
Obama’s multi-trillion-dollar cover-up
Recovery for Nevada's economy — so dependent on recreational tourism — clearly requires a return of prosperity to the underlying American economy. Unfortunately, the policies embraced by the Obama administration are precisely those that will ensure a zombie U.S. economy for many years to come.
NPRI's Transparency Project on the LVCVA: Apr. 20, 2009 update
Millions of dollars in advance payments from the Las Vegas Convention and Visitors Authority to a company owned by R&R Partners CEO William Vassiliadis would not be allowed under state procurement regulations, a state purchasing official said Wednesday.