Archive for January 2nd, 2009

California, the most populous U.S. state, is a social trendsetter that is also at the leading edge of local governments failing to come to terms with an economic crisis. [From California governor offers new budget fix plan | U.S. | Reuters] What is really amazing about the fiscal situation in California is how many people [...]

02Jan

Decline and Fall of Europe

Posted by Jeff as Uncategorized

This is a really interesting book that should be viewed as informative for the American experience. Prof. Thornton cites economies as less adaptable and competitive because of an enormous regulatory burden, social welfare entitlements are incredibly expensive, and low birth rates (often as a function of cost of living) as factors in the demise of [...]


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