California

SF Vs LA: Different Strokes In Urban Development

Rise & Fall book cover.jpg

Book Review: "The Rise and Fall of Urban Economies: Lessons from San Francisco and Los Angeles." Michael Storper, Thomas Kemeny, Naji P. Makarem and Taner Osman; Stanford University Press, 2015.

How and why do places differ in their pace of economic development? Why do some flourish while others lag? These are among the most profound questions in economics and related fields. Are explanations found in geography, culture, institutions, or fortune?  read more »

California’s High-Speed Rail Authority Wins Dishonor of the California Golden Fleece Award

FLV_California_train-660x373.jpg

The California High-Speed Rail Authority (CHSRA) has won the Independent Institute’s first California Golden Fleece Award for its lack of transparency and history of misleading the public about key details of the state’s “bullet-train” project, which no longer reflect what voters approved in 2008.  read more »

Geography and the Minimum Wage

bigstock-Unemployed-Woman-5876023.jpg

Most commentary on California’s decision to increase the state minimum wage to $15 over time is either along the lines of it being a boon to minimum-wage workers and their families or a disaster for California’s economy.  Neither is accurate.  Different regions sill see different outcomes.  Central California, the great valley that runs from Bakersfield to Redding, once again, will bear a disproportionate burden.   read more »

California Leaders Double Down on Dry

Lake_Palmdale-kmf.JPG

“What do we do with this worthless area, the region of savages and wild beasts, of shifting sands and whirlwinds of dust, of cactus and prairie dogs? To what use could we ever hope to put these great deserts and these endless mountain ranges?”

– U.S. Secretary of State Daniel Webster, on the American West, 1852  read more »

California Valued for Cash, Not Candidates

Hillary_Clinton_Looking_Forward_(15534119751).jpg

California may be the country’s most important and influential state for technology, culture and lifestyle, but has become something of a cipher in terms of providing national political leaders. Not one California politician entered the 2016 presidential race in either party and, looking over the landscape, it’s difficult to see even a potential contender emerging over the coming decade.  read more »

Subjects:

Serfs Up with California's New Feudalism

400px-Seal_of_California.svg.png

Is California the most conservative state?

Now that I have your attention, just how would California qualify as a beacon of conservatism? It depends how you define the term.  read more »

In Southern California, It Takes an Assortment of Villages

Inlandempire-iStock_000006529717XSmall.jpg

Among urban historians, Southern California has often had a poor reputation, perennially seen as “anti-cities” or “19 suburbs in search of a metropolis.” The great urban thinker Jane Jacobs wrote off our region as “a vast blind-eyed reservation.”

The Pavlovian response from many local planners, developers and politicians is to respond to this criticism by trying to repeal our own geography. Los Angeles’ leaders, for example, see themselves as creating the new sunbelt role model, built around huge investments Downtown and in an expensive, albeit underused, subway and light-rail network.  read more »

Is California’s Economy Swell?

watkins-ca-report-review.png

Every now and then, something happens to cause California’s comfortable establishment to celebrate the state’s economy.  Recent budget surpluses and jobs data have provided several opportunities, never mind that these are hardly summary statistics.  They don’t tell the complete story.  read more »

Los Angeles: City Of Losers?

cox-downtown-LA.jpg

When I arrived in Los Angeles four decades ago, it was clearly a city on the rise, practicing its lines on the way to becoming the dominant metropolis in North America. Today, the City of Angels and much of Southern California lag behind not only a resurgent New York City, but also L.A.’s longtime regional rival, San Francisco, both demographically and economically.  read more »

Is California’s Bubble Bursting?

iStock_000003040219XSmall.jpg

California has a long history of boom and bust cycles, but over the past 25 years or so, California’s cycles appear to be becoming more volatile, with increasing frequency, higher highs, and lower lows.  The fast-moving business cycle may not provide the time necessary for many people to recover from previous busts, and may be too limited in its impact. Even now, 22 of California’s 58 counties have unemployment rates of 7.5 percent or higher. Eleven California counties have unemployment rates of at least nine percent.  And these, we are told, are the best of times.  read more »