The Pacific Research Institute released a new study yesterday. The report, titled “Assessing the State of the Golden State,” analyzes indicators for income, labor, migration, and entrepreneurship and compares California to every other state. Here’s a link to the report: http://tiny.cc/huFh5 How does California rank in this study? The short answer is poor. By these… Read more

This is a slow week for economic news. I was thinking about how different things are from last August. Last year we were approaching the most serious economic crisis of our life. Economic storm clouds were building, the government was bailing out firms, and everyone was preparing for the worst. Except, September was worse than… Read more

Two Los Angeles Times articles today highlight California’s problems. One article discusses the falloff of activity at the Los Angeles and Long Beach ports (http://tiny.cc/eFHbx). The other discusses the expected closing of California’s last auto plant (http://tiny.cc/ini6Z). Some would argue that these events reflect the worldwide economic decline and have little to do with California.… Read more