California

The USA is now a net exporter of crude oil, with crude oil exports exceeding imports. This oil boom is beneficial to 49 states, but not to California. The American shale boom has important security implications as well, as America is now less dependent on crude oil from the turbulent Middle East, again, except for California.

Even more impressive is the fact that the U.S. has now overtaken Saudi Arabia in recoverable oil reserves.  read more »

In the imaginations of its boosters, and for many outside the state, California is often seen as the role model for the future. But, sadly, California is also moving backward toward a more feudal society.

Feudalism was about the concentration of wealth and power in a relative handful of people. Historically, California created fortunes for a few, but remained a society with enormous opportunity for outsiders, whether from other states or countries.  read more »

Long a hotbed of new technologies, California insists on seeing its transit future in the rear mirror. Rather than use innovative approaches to getting people around and to work, our state insists on spending billions on early 20th century technology such as streetcars and light rail that have diminishing relevance to our actual lives.  read more »

We may be celebrating — if that’s the right word — the tenth year since the onset of the financial crisis and collapse of the real estate market. Yet before breaking out the champagne, we should recognize that the hangover is not yet over, and that a new housing crisis could be right around the corner.  read more »

The collapse of Lehman Brothers 10 years ago today began the financial crisis that crippled and even killed for some the American dream as we had known it. Donald Trump might be starting to change that, at least for Americans who aren’t determined to remain in our bluest and priciest cities.  read more »

California is the great role model for America, particularly if you read the Eastern press. Yet few boosters have yet to confront the fact that the state is continuing to hemorrhage people at a higher rate, with particular losses among the family-formation age demographic critical to California’s future.  read more »

Americans are increasingly prisoners of ideology, and our society is paying the price. We are divided along partisan lines to an extent that some are calling it a “soft civil war.” In the end, this benefits only ideological warriors and their funders.  read more »

If there’s an award for environmental virtue signaling, California would win the prize. Yet for all the constant self-promotion, shameless grandstanding and endless moralizing, perhaps it’s time to reconsider the impact, and failures, of our current green obsessions.  read more »

What’s this now? A few acres of suburban gardens? Yes. And no. It’s the mini farm adjacent to The French Laundry in California’s Napa Valley. Local. Organic. Seasonal. It’s the full expression of a particular trend in foodie culture. It’s strange to see so ordinary a thing – veggies growing in a suburban plot – elevated to near monastic tidiness. It’s illegal to grow food on the front lawn in many places these days, either by municipal regulation or private home owners association bylaws. Even where it is legal, most people simply don’t do it. Food is cheap. Gardening is a lot of work. Why bother?  read more »

One of the last regions settled en masse by Europeans, California’s trajectory long has been linked to its partners across the Pacific. Yet these ties could be deeply impacted by President Trump’s immigration and trade policies, as well as resulting blowback by the authoritarian regime in Beijing.  read more »