Economics

The next great political civil wars won’t be over race, the nation-state, religion or even class. They will be generational, pitching the Boomers, who still dominate the global economy, against their offspring, the Millennials, who assuredly do not.  read more »

California may have gotten its global allure from the Gold Rush and the movies, but it’s planes, missiles and now drones and spaceships that have underpinned the state’s industrial emergence.

Today, after decades of rapid decline, California’s aerospace employment is growing again, albeit slowly, providing a new chance for the state’s productive economy.  read more »

California prides its image as the green leader in America. However, California’s love of importing electricity and oil exposes the states’ irreverent passion to go green at any cost, and delegates the states’ responsibility for environmental stewardship to other countries and states that have significantly less environmental controls than California.  read more »

At midnight on Sept. 15, 49,000 UAW-GM workers walked out on strike at locations across the country, a day after their 2015 collective bargaining contract with General Motors expired and the union declined to extend the provisions of the agreement.  read more »

For years the EV’s owners have benefitted from Federal subsidies (financed by the working class) and have been exempt from the fuel taxes that pay for road and bridge maintenance as they use no “fuel” as it relates to powering a combustion engine.

Things are changing and rather quickly. With subsidies beginning to end, states are also hitting electric vehicle owners with high fees in an effort to put all vehicles equally accountable for financing repairs and maintenance of our highway infrastructure.  read more »

To understand how American democracy has worked, and why its future may be limited, it’s critical to look at the issue of property. From early on, the country’s republican institutions have rested on the notion of dispersed ownership of land — a striking departure from the realities of feudal Europe, east Asia or the Middle East.  read more »

Tech elites paid for the rope that may hang them.

The term “useful idiot,” often credited to Vladimir Lenin, applies to people supporting a cause or movement injurious to their own self-interest.  read more »

Americans are keeping their cars a lot longer than before --- an awful lot longer. The first Nationwide Transportation Survey, in 1977, indicated that the average age of household vehicles was 6.4 years, while the average pickup truck or van was 5.6 years (Figure 1).  read more »

In our system of government, the public sector is, well, supposed to serve the public. But increasingly the bureaucracies at the state and local level increasingly seek to tell the public how to live, even if the result is to make life worse.

This became glaringly obvious recently, when the CEO of the Los Angeles County Metropolitan Transportation Authority, Phil Washington, reeling from data showing a steady drop of transit riders, decided that the only solution was to make driving worse.  read more »

Despite the media’s obsession on gender, race and sexual orientation, the real and determining divide in America and other advanced countries lies in the growing conflict between the ascendant upper class and the vast, and increasingly embattled, middle and working classes. We’ve seen this fight before. The current conflict fundamentally reprises the end of the French feudal era, where the Third Estate, made up of the commoners, challenged the hegemony of the First Estate and Second, made up of the church and aristocracy.  read more »