California Isn’t Greece, It’s Lake Wobegon

Justin Adams, Ph.D.
President and Chief Economist of Encina Advisors, LLC, a Davis-based economics research and analysis firm.

I’ll admit it, I was more than a little dismayed to read last week’s Los Angeles Times article explaining away Toyota’s decision to move its Torrance headquarters to Texas. The Times turned what seemed to be a teachable moment on the excesses of California regulation into little more than a business school case study: “The […]

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The Real Economy of Orange County

Justin Adams, Ph.D.
President and Chief Economist of Encina Advisors, LLC, a Davis-based economics research and analysis firm.

Thursday marked the much anticipated IPO of San Francisco-based Twitter, the social media phenomenon.  The buzz surrounding Twitter’s IPO, similar to that seen for Bay Area giants LinkedIn (2011) and Facebook (2012), shines yet another spotlight on the innovation and entrepreneurialism of Silicon Valley. Twitter certainly deserves congratulations for reaching this milestone.  For the company’s […]

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