NMSU Business Outlook: August 2014

Advertising, Information and Society (Part 1)

Dr. Dennis A. Kopf, University of Wisconsin-Whitewater, and Dr. Ivonne M. Torres, NMSU

The authors’ main goal is to describe a conceptual framework for viewing the Internet as a market for information.

Complete Article: Advertising, Information and Society (Part 1)

Tribal Leakage: How the Trust Land Curse Impedes Tribal Economic Self-Sustainability (Part 2)

Dr. Gavin Clarkson, NMSU, and Ms. Alisha Murphy, Washington University (St. Louis)

Economic leakage occurs when money leaves or “leaks” away from the local economy sooner than expected or optimal. Ideally, money should circulate repeatedly in the local economy where it was received. Consumers who cannot buy the goods and services they desire locally must spend their money outside their community, and that money rarely cycles back. On some reservations, nearly 80% of dollars flow out of the tribal economy without cycling even once, resulting in substantial economic leakage. We contend a primary cause for insufficient on-reservation consumer options is a cumber-some and onerous U.S. government policy holding tribal land in trust. Hence, title to trust land can and should be returned to tribes and individuals in fee under a new tribal status that confers permanent jurisdiction to the tribe, complete with full taxation powers.

Complete Article: Tribal Leakage: How the Trust Land Curse Impedes Tribal Economic Self-Sustainability (Part 2)

News & Notes

Celebration of Life: Dr. Gerald Hampton, Professor of Marketing

Dr. Gerald Hampton, a beloved member of our Marketing Department for more than two decades, died unexpectedly last weekend. In celebration of his life, here is a brief summary of his accomplishments at NMSU and our collective memories of him.

Complete Article: Celebration of Life: Dr. Gerald Hampton, Professor of Marketing

From the Editor: Interesting Articles You May Have Missed

Can’t find enough to read online? Here are links to interesting articles—many posted on NMSU’s KRWG website—that you may have missed during the last month.

Complete Article: Interesting Articles You May Have Missed

Talking Points

Dr. Christopher A. Erickson, NMSU

Growth in the Las Cruces economy appears to be stagnate to mildly positive, increasing by a fraction of a percent according to both the establishment survey (0.2% compared to 12-months ago) and household survey (0.3%). Both percentages are indistinguishable statistically from zero. Statewide, the household survey showed a small loss in employment (-0.1%) while the establishment survey showed a small ga-in (0.3%), re-enforcing an overall impression of stagnation. By comparison, the national economy saw healthy job growth of 1.8%. Meanwhile, the Las Cruces City Council takes action increase minimum wage.

Complete Article: Talking Points


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