CERF Blog

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

I always figured that the administration would take credit for any eventual economic recovery, but I also figured that they would wait for the recovery. Wrong. Cristina Romer, perhaps buoyed by yesterday’s GDP release and today’s job data, says that the stimulus is working.