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Is California Already In Recession?

By Political Calculations When it comes to the health of his state's economy, California Governor Jerry Brown has been walking on eggshells this year. Twice each year, once in January and again in May, Gov. Jerry Brown warns Californians that the economic prosperity their state has enjoyed in recent years won't last forever.   Brown […]

The Depression Of The 1930s Was An Energy Crisis

Authored by Gail Tverberg via Our Finite World blog, Economists, including Ben Bernanke, give all kinds of reasons for the Great Depression of the 1930s. But what if the real reason for the Great Depression was an energy crisis? When I put together a chart of per capita energy consumption since 1820 for a post […]

Mapping What Every State In America Is Best At

Company towns used to be a defining feature of the American economy. Nowadays, as Raul at HowMuch.net notes, thanks to globalization and offshoring, it is much harder to find employers that exert such influence over a small town (with a few notable exceptions). That being said, specific industries still tend to grow in clusters and can dominate the […]