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Economist called genius by left backs Prop. 13-style wealth protection

It may seem wonky and obscure now, but I bet it’s going to emerge as a strong, enduring counterpunch to Proposition 13 critics. I refer to the fact that French economist Thomas Piketty — the hottest, in the media sense,

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Why no Asian Nobel economics laureates?

Fabled investor Jim Rogers brings up an important point: Why has there never been an Asian winner of the Nobel economics prize? Yet during the 44 years the prize has been awarded, it’s Asia’s economic dynamism that has astounded the

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Bill Maher mangles CA

I’ve never found Bill Maher funny. His 1990s show, “Politically Incorrect,” was itself 100 percent politically correct. His current show, which I occasionally land on when surfing the channels, is more of the same P.C. His schtick is to imitate

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Dueling economists debate if CA is ‘back’

June 19, 2013 By Wayne Lusvardi Was it conservative budget austerity or liberal tax hikes that have brought about a “California comeback,” as proclaimed by Gov. Jerry Brown and others? The common view is that tax hikes have brought the recovery and

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CA and Obamacare: Media offer happy talk, not analysis

May 31, 2013 By Chris Reed Last week, when the California agency that has the lead role in implementing Obamacare announced the rate structure for various insurance plans to be offered beginning Jan. 1, 2014, the media jumped to a

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Jerry Brown disguises fear of CTA with pretentious babble

James Fallows of The Atlantic has written a long and entertaining essay about Gov. Jerry Brown that is miles better than the usual East Coast journo’s take on California politics, probably helped by the fact that he grew up in

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CA comeback mostly about shifting funds around

April 10, 2013 By Wayne Lusvardi Paul Krugman wrote in the New York Times an article, “Lessons from a Comeback.” However, a comeback for state government should not be confused with an economic or jobs recovery. A number of liberal, conservative and moderate

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Another East Coast liberal misjudges CA

April 1, 2013 By John Seiler California is such a complex state that it’s often amusing when East Coast liberals try to explain it to us. The latest is from New York Times columnist Paul Krugman. His article appeared in

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Bullet Trains, Green Jobs and ‘The War Between Data and Storytelling’

May 15, 2012 By Chris Reed SAN DIEGO — The smug, insufferably superior politics of the faculty lounge have gone mainstream on the Left in the past decade to the point where many “progressive” pundits and Democratic lawmakers openly act

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Fed Decision Led To 'Tough' CA Budget

JAN. 12, 2011 By CHRISS STREET Ten years from now university economists will analyze Federal Reserve Chairman Ben Bernanke’s recent presentation to the U.S. Senate Budget Committee as the successful turning point in American economic policy from a focus on

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