Incentives: Time, Income, and Effort
Incentives: Time, Income, and Effort Diego Martín Velázquez Caballero The struggle to confront drug-related insecurity in Mexico reveals a profound disconnect between political extremes and the national challenges the country faces. Attempting to resolve such a critical problem with lukewarm measures or mere good intentions is nothing more than evading the gravity of the issue, a tactic that has unfortunately characterized Mexico's economic policy since the 1970s. While the economy should be based on concrete facts, the real obstacle lies in the lack of political will to dismantle a deeply entrenched colonial-feudal system that has existed for almost five centuries in Latin America. Expert Luis Rubio astutely analyzes the situation of the Mexican middle class, facing a bleak outlook. For many families, obtaining quality education, formal employment, decent housing, and access to credit can take more than two decades, while migrating to the United States allows them to access these...