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Friday, June 5, 2015. California vesus Texas Job Growth: 2015 update: Why is California doing so well? In the first decade of the 21st century California struggled to create new sustainable jobs. The housing boom created jobs for a time, but those disappeared when housing went bust, leaving employment little higher than it had been in 2002. What I found was that the San Francisco area, which contains Silicon Valley, was only responsible for a fraction of the state's job growth. The Los Angeles area a...

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Friday, June 5, 2015. California vesus Texas Job Growth: 2015 update: Why is California doing so well? In the first decade of the 21st century California struggled to create new sustainable jobs. The housing boom created jobs for a time, but those disappeared when housing went bust, leaving employment little higher than it had been in 2002. What I found was that the San Francisco area, which contains Silicon Valley, was only responsible for a fraction of the state's job growth. The Los Angeles area a...

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https://schrodingerblog.blogspot.com

Friday, June 5, 2015. California vesus Texas Job Growth: 2015 update: Why is California doing so well? In the first decade of the 21st century California struggled to create new sustainable jobs. The housing boom created jobs for a time, but those disappeared when housing went bust, leaving employment little higher than it had been in 2002. What I found was that the San Francisco area, which contains Silicon Valley, was only responsible for a fraction of the state's job growth. The Los Angeles area a...

INTERNAL PAGES

schrodingerblog.blogspot.com

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Schrodinger's Blog: March 2012

http://schrodingerblog.blogspot.com/2012_03_01_archive.html

Sunday, March 25, 2012. Is college worth it? Governments are big winners from college degrees. Politicians are always in favor of more education. The chart below explains why. A college graduate pays more than twice as much income tax as a high school graduate, while a professional degree holder is four times as valuable. Chart note: I'm counting social security taxes as well as federal and state income taxes ). Taxes significantly reduce the return on education to students. Relative to other business in...

2

Schrodinger's Blog: California versus Texas Job growth: 2015 update: Part 1

http://schrodingerblog.blogspot.com/2015/03/california-versus-texas-job-growth-2015.html

Monday, March 30, 2015. California versus Texas Job growth: 2015 update: Part 1. This is an update to a series of posts I did four years ago, which tried to understand why some states produced jobs and others didn't. At the time, a lot of people pointed to the success of Texas in creating jobs, while California was seen as an example of stagnation. Technical notes: Employment data from Department of Labor. Population data from Census Bureau. I am using state populations as of April 2010).

3

Schrodinger's Blog: April 2012

http://schrodingerblog.blogspot.com/2012_04_01_archive.html

Thursday, April 19, 2012. Will the European economic crisis lead to the rise of new dictatorships? Even neo-Nazi parties like Golden Dawn may pick up enough votes to get into Parliament. While illegal immigrants have replaced the Jews as the favored scapegoat, Golden Dawn has the paramilitary wing, fascist ideology and Holocaust denial typical of neo-Nazis. The first European democracy to fall may well be Hungary. Like Greece, Hungary has a full on neo-Nazi party called Jobbik, which won 12% of the s...

4

Schrodinger's Blog: June 2012

http://schrodingerblog.blogspot.com/2012_06_01_archive.html

Wednesday, June 27, 2012. A reason the Euro failed? The Euro is failing because of chronic current account imbalances between Northern and Southern Europe. But what is the reason for these imbalances? Below I have plotted the homeownership rate versus the current account balance as a % of GDP for a set of major economies. The data is for 2004/2005, so it is before the crisis struck. There looks to be a reasonable correlation here, with high rates of homeownership predicting trade deficits.

5

Schrodinger's Blog: March 2011

http://schrodingerblog.blogspot.com/2011_03_01_archive.html

Tuesday, March 22, 2011. Fukushima, Japan nuclear news update. Some radiation has been detected leaking into the ocean. The bottom line is that the situation is stable but still not safe. When the Reactor buildings at unit 2 and unit 4 suffered explosions on March 15th, the blasts occurred within 6 minutes of each other. I think that this is odd. Perhaps it indicates that the explosions were somehow linked. Pdf status report from JAIF. Sunday, March 20, 2011. Why the Fukushima crisis has people worried.

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Friday, June 5, 2015. California vesus Texas Job Growth: 2015 update: Why is California doing so well? In the first decade of the 21st century California struggled to create new sustainable jobs. The housing boom created jobs for a time, but those disappeared when housing went bust, leaving employment little higher than it had been in 2002. What I found was that the San Francisco area, which contains Silicon Valley, was only responsible for a fraction of the state's job growth. The Los Angeles area a...

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