As an economist, it startles me when representatives of the business community ignore basic economic relationships such as supply and demand. Yet oil and gas interests have been doing exactly that recently. It is hard to believe that there is anyone in the country who does not know that we are in a deep recession. […]
Thomas Power
Posted inAugust 2, 1999: Jon Marvel vs. the Marlboro Man
Do low incomes make Montana “poor’?
Dear HCN, My regular economic pen pal, Ed Marston, interprets the economic data in the Claiborne-Ortenberg Foundation’s report Montana: People and the Economy as showing that Montanans live in “poverty,” are “hurting” and “impoverished,” face a “failing” and “weak” economy, and do not live in a “middle-class’ society (HCN, 6/21/99). He concludes that we do […]