Piketty’s Wealth Driven Inequality: Virtually All in Housing?

Wendell Cox
Visiting Professor, Conservatoire National des Arts et Metiers, Paris

The Economist headline reads: “Through the roof: Rising house prices may be chiefly responsible for rising inequality” This is no surprise to those of us who have been chronicling the loss of destruction of middle income housing affordability where urban containment policy has been implemented from Australia to Canada, Ireland, New Zealand, the United Kingdom […]

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Housing: How the California Dream Became a Nightmare

Wendell Cox
Visiting Professor, Conservatoire National des Arts et Metiers, Paris

Important attention has been drawn to the shameful condition of middle income housing affordability in California. The state that had earlier earned its own “California Dream” label now limits the dream of homeownership principally to people either fortunate enough to have purchased their homes years ago and to the more affluent. Many middle income residents […]

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Sources for Our “Southern California Stuck in Drive” Story

Wendell Cox
Visiting Professor, Conservatoire National des Arts et Metiers, Paris

Joel Kotkin and I wrote in the Orange County Register that transit work trip market shares in the Los Angeles area had changed little, from 5.9 percent in 1980 to 5.8 percent in 2013. In a response, the Los Angeles Metropolitan Transportation Authority (LACTMTA) noted that we did not cite sources. Fair enough. Our source […]

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Los Angeles: Rail for Others

Wendell Cox
Visiting Professor, Conservatoire National des Arts et Metiers, Paris

A few years ago, the satirical publication, The Onion ran an article under the headline “98 Percent of US Commuters Favor Public Transit for Others.” The spoof cited a mythical press release by the American Public Transit Association (APTA), in which Lance Holland of Anaheim, California said “Expanding mass transit isn’t just a good idea, […]

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2000s Job Growth Continues to Follow Population

Wendell Cox
Visiting Professor, Conservatoire National des Arts et Metiers, Paris

The United States lost jobs between 2000 and 2010, the first loss between census years that has been recorded in the nation’s history. The decline was attributable to two economic shocks, the contraction following the 9/11 attacks and the Great Recession, the worst financial crisis since the Great Depression. Yet, even in this moribund job […]

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Moving to North Dakota: The New Census Estimates

Wendell Cox
Visiting Professor, Conservatoire National des Arts et Metiers, Paris

With the exception of California, all of the 10 states losing the largest number of domestic migrants  were in the Northeast or the Midwest The new state (and DC) population estimates indicate a  substantial slowdown in growth, from an annual rate of 0.93 percent during the  2000s to 0.75% between 2011 and 2012. This 20 […]

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Global Warming Bill Could Become Big Pork Barrel

Wendell Cox
Visiting Professor, Conservatoire National des Arts et Metiers, Paris

Crossposted on Orange County Register One of the principal justifications for the California High Speed Rail line planned from Anaheim to San Francisco is to reduce greenhouse gas emissions. Gov. Jerry Brown and the California Air Resources Board seem poised to spend “cap and trade” revenue from Assembly Bill 32 (the “Global Warming Solutions Act” […]

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The Export Business in California (People and Jobs)

Wendell Cox
Visiting Professor, Conservatoire National des Arts et Metiers, Paris

California Senate President Pro-Tem Darrell Steinberg countered my Wall Street Journal commentary California Declares War on Suburbia in a letter to the editor (A Bold Plan for Sustainable California Communities) that could be interpreted as suggesting that all is well in the Golden State. The letter suggests that business are not being driven away to […]

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California’s Jobs Engine Broke Down Well Before the Financial Crisis

Wendell Cox
Visiting Professor, Conservatoire National des Arts et Metiers, Paris

Crossposted on newgeography Everybody knows that California’s economy has struggled mightily since the 2008 financial crisis and subsequent recession. The state’s current unemployment rate, 12.1 percent, is a full 3 percentage points above the national rate. Liberal pundits and politicians tend to blame this dismal performance entirely on the Great Recession; as Jerry Brown put […]

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Private Investors Shun Brazil High Speed Rail Bid

Wendell Cox
Visiting Professor, Conservatoire National des Arts et Metiers, Paris

Cross-posted at New Geography. In April of 2011 the California High Speed Rail Authority held a meeting of potential investors and vendors interested in participating in the proposed Los Angeles to San Francisco high-speed rail project. Project sponsors have insisted they could gain substantial private investment for the project. The Authority indicated that the meeting […]

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