Los Angeles in Decline
The California Center for Jobs and the Economy has released a report comparing Los Angeles County’s economy with the Bay Area’s growth. Needless to say, Los Angeles doesn’t look good in the comparisons. Early on, […]
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The California Center for Jobs and the Economy has released a report comparing Los Angeles County’s economy with the Bay Area’s growth. Needless to say, Los Angeles doesn’t look good in the comparisons. Early on, […]
Read moreThis analysis suggest that low oil prices will likely persist. It seems that U.S. firms are more competitive than previously thought: But U.S. firms haven’t assumed that role as readily as the Saudis would have […]
Read moreThe folks at Chapman University have produced an important new paper. We’ve said for a long time that reducing California’s Carbon Emissions is both expensive and futile, if the goal is to reduce global atmospheric carbon. Here’s what […]
Read moreIt’s generally agreed that excessively lax lending standards were major contributors to the financial crisis that precipitated the Great Recession. So, Washington wants to do it again, only more. Here’s part of what Investors.com has […]
Read moreIt is. Corporate welfare sustains inefficient old firms while impeding innovative new firms. In this Forbes piece, George Leef discusses the use of tax waivers or direct subsidies to attract firms to a city or state. As he […]
Read moreTyler Cowen has a piece in the New York Times today. He’s arguing that fundamental weaknesses and dysfunctions may be causing permanent changes, a reset: The debate over the economy these days isn’t just about income […]
Read moreDuring the buildup to the financial crisis, mortgage underwriting standards weakened dramatically. Although there have long been loans made with low or no down payments, or to people with FICO scores below 660 or even […]
Read moreHere’s a great idea from Amity Shlaes: Suggestion: Postpone the tax talk, and, instead, push the candidates on bailouts. Force them to declare whether they consider themselves to be “Austrian” or neo-Keynesian.” Let them say […]
Read morePeople are always writing about the best places to to buy homes, retire, get a job, etc.. Only one problem, thought. These are always backwards looking, and things change. In this case, they changed […]
Read moreTwo new reports came out today indicating that the U.S. economy is weaker and more fragile than we thought. Productivity dropped for the second consecutive quarter, and hiring slowed. It appears that a weak global […]
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