CERF Blog
“It’s no longer legal to say, ‘We don’t want African-Americans to live here,’ but you can say, ‘I’m going to make sure no one who makes less than two times the median income lives here,’” Jargowsky told me. The above quote is from an Atlantic article on the resurrection of American slums. I recommend the… Read more
California’s water regulatory environment is a mess. One result is that it’s expensive and often arbitrary. It’s expensive to support, but that’s the not biggest cost. The real loss is in the efficient use of water. Since allocation in California is increasingly a political process, there is no reason to believe it’s economically efficient. Indeed,… Read more
The 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 the report has to say: This paper demonstrates that even the complete elimination of state GHG emissions will have no… Read more
California has now had three consecutive months of job gains, and the State’s unemployment rate has been declining, albeit slowly. That’s an improvement, but it’s not time to break out the bubbly. For one thing, those job gains have been pretty darn small, and they haven’t been enough to drive down the unemployment rate. Outmigration… Read more
The October 29, 2009 issue of Time Magazine had an article titled “Why California is America’s Future.” I sure hope not. California is fast becoming a post-industrial hell for almost everyone except the gentry class, their best servants and the public sector. We only need a few numbers to demonstrate that California is clearly on… Read more
California has pending legislation, AB 2529, to require an economic impact analysis of proposed new regulation. Its opponents correctly point out that AB 2529 will delay and increase the cost of new regulation. There will be lawsuits and arguments over the proper methodology and over assumptions. It is not easy to complete a thorough and… Read more
Yesterday, the Los Angeles Times had an article on the decline of illegal immigration into the United States. It is unpopular to say this, but this is bad. There is lots of evidence that immigrants, including illegal immigrants, are a net positive to the economy. Here is a recent and typical research piece from the… Read more
I just finished California Crack Up by Joe Matthews and Mark Paul. For me, the book was not quite fulfilling, and it took determination to read the final 30 pages or so. There was some inconsistency. The authors argue that Proposition 13 led to a concentration of power in Sacramento, but only a few pages… Read more
Joel Kotkin has just published the best piece yet written on California and its diminished economic prospects. Better yet, he used our data to support his work. It is a relatively long article, but well worth the investment. Indeed, it should be required reading for voters and policy makers everywhere. As always, Joel has his… Read more
NASSCO-General Dynamics announced that it was laying off 290 workers. Here’s part of what the Union-Tribune had to say: “NASSCO-General Dynamics , the last major shipbuilder on the West Coast, laid off 290 of its 4,100 workers in San Diego on Monday because of a downturn in business and fluctuations in the repair work it… Read more