California

The Republican Aim Should Be To Keep California In California

By / , , /

In the recently launched California Post, gubernatorial candidate Steve Hilton wrote that Californians suffer the worst results despite paying the highest taxes. Without disagreeing with the Republican in Hilton, this shouldn’t be news. It’s government spending after all.  Say it repeatedly that central, politicized planning of precious resources always and everywhere fails. Only for it to get […]

The Republican Aim Should Be To Keep California In California Read More »

California Is the Answer to the Federal Debt Riddle

By / , , /

Why doesn’t West Virginia have more debt? The question rates asking in response to a Wall Street Journal editorial which observes that California “is facing huge budget deficits despite an ebullient stock market and capital-gains rush.” The answer to the West Virginia question can be found in the Journal editorial’s observation. Explaining the California deficit and debt situation,

California Is the Answer to the Federal Debt Riddle Read More »

California Is Dense With Billionaires, Of Course It Has Lots of Debt

By / , , /

California’s debt, currently around $1.6 trillion, is poised to soar in the coming years. Bank on it, though don’t be so simplistic as to blame the debt surge on Governor Gavin Newsom, or his eventual replacement in Sacramento.  Evidence that California’s debt will rise no matter who is governor is all around us, and

California Is Dense With Billionaires, Of Course It Has Lots of Debt Read More »

Excessive Federal Taxes Foist California and New York Onto All of the U.S.

By / , , /

Government spending amounts to the central planning of precious resources by politicians. Worse, it amounts to the warping of the people and businesses on which it’s spent precisely because no one spends the money of others as carefully as they spend their own. That’s one reason why West Virginia remains poor despite decades of

Excessive Federal Taxes Foist California and New York Onto All of the U.S. Read More »

California Is a Reminder That Corrupted Prices Never Sound Good ‘In Theory’

By / , , /

As the Wall Street Journal’s Greg Ip reported last month, the Los Angeles fires had caused an estimated $50 billion worth of losses, but that only $20 billion worth of those losses were insured. Insurance markets not allowed to function properly help explain the mismatch. Consider what helped instigate insurer State Farm’s partial exit from California before the

California Is a Reminder That Corrupted Prices Never Sound Good ‘In Theory’ Read More »

The Unseen Economics Lesson Within the Beauty of Montecito, CA

By / , , /

Last week, and while walking toward the Pavilions grocery store at the Montecito Country Mart, I passed by Clic. Its website describes it as “a globally acclaimed home décor and lifestyle brand.” Its signage lists shops in prominent locales including St. Barth, Marin, and East Hampton. It doesn’t insult Clic one iota to point

The Unseen Economics Lesson Within the Beauty of Montecito, CA Read More »

Scroll to Top