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Category Archives: California Economy

Berkley’s Natural Gas Ban Will Cost Consumers

Posted on August 4, 2026 by Tony Lima

Congratulations, Berkeley residents. Not only do you get to pay more for your electric stove, you also contribute to greater greenhouse gas emissions. Continue Reading →

Posted in California Economy, Current issues | Tagged Berkeley, electricity, featured, natural gas

Berkeley Bans Natural Gas

Posted on August 4, 2026 by Tony Lima

It’s the ultimate NIMBYism to adopt a plan that will increase overall statewide emissions, continue to outsource a major part of greenhouse gas emissions to another city, and reduce your city’s GHG emissions by a trivial amount. Continue Reading →

Posted in California Economy, Current issues | Tagged Berkeley, California economy, featured, GHGE missions, greenhouse gases
Fig03 GDP per capita 2024 Where Does California Rank in Global GDP?

Where Does California Rank in Global GDP?

Posted on May 12, 2025 by Tony Lima

A recent press release from Gov. Newsom’s office claimed “California is now the 4th largest economy in the world.” He was correct. Continue Reading →

Posted in California Economy, Economic Data | Tagged featured, gdp, GDP per capita, global ranking with California, international ranking
CA state wild and scenic cropped

California Compendium

Featured

Posted on December 23, 2024 by Tony Lima

This is a compedium of what I’ve written about California over the years. Continue Reading →

Posted in California Economy | Tagged California, compendium, featured
Sites Reservoir artists conception California Water Management May Be Returning to Sanity

California Water Management May Be Returning to Sanity

Posted on December 11, 2024 by Tony Lima

In 2018 we castigated California’s government and the CWC for not allocating funds to Sites. This glimmer of sanity is a welcome change.  Continue Reading →

Posted in California Economy | Tagged California, featured, Los Vaqueros, Prop 1, Sites, water
Limited Service NSA vs SA California Fast Food Revisited: Seasonal Adjustment Matters. A Lot.

California Fast Food Revisited: Seasonal Adjustment Matters. A Lot.

Posted on October 25, 2024 by Tony Lima

California’s $20 minimum wage reduced employment in limited service restaurants. But you must look at seasonally adjusted data. Continue Reading →

Posted in California Economy, Economic Data | Tagged $20 minimum wage, employment, featured, limited-service restaurants
Newsom's Latest Whopper, Gas Prices Edition

Newsom’s Latest Whopper, Gas Taxes Edition

Posted on September 19, 2024 by Tony Lima

Gavin Newsom made a claim about California gas taxes that I knew was false the moment I heard it. Newsom’s latest whopper, gas taxes edition. Continue Reading →

Posted in California Economy, tax policy | Tagged california gasoline, featured, gas taxes
Cato image Cato On the $20 Fast-Food Minimum Wage

California Unions Want a Wage Increase for Fast-Food Workers

Posted on August 8, 2024 by Tony Lima

Unions want a $0.70 raise to $20.70. Demand curves slope downward.  Costs increase and supply decreases.  Price increases and output drops. Continue Reading →

Posted in California Economy | Tagged $20 minimum wage, fast food, featured

Cato On the $20 Fast-Food Minimum Wage

Posted on July 31, 2024 by Tony Lima

The Cato Institute’s Michael Chapman has a long essay on the likely impact of California’s $20 fast-food minimum wage. A substantial part of it is drawn from Ryan Bourne’s new Continue Reading →

Posted in California Economy, Economic basics | Tagged $20 minimum wage, Burkhauser, Cato, Chapman, Clemens, featured, Neumark, Sabia
January - June 2024 Yet Another California Minimum Wage Update

Yet Another California Minimum Wage Update

Posted on July 24, 2024 by Tony Lima

California’s $20 fast-food minimum wage has another data point and an interesting statistic from the Legislative Analyst’s Office. Continue Reading →

Posted in California Economy, Economic basics | Tagged California minimum wage, fast food, featured, limited-service restaurants, minimum wage

Economist Thoughts

TARIFF, n. A scale of taxes on imports, designed to protect the domestic producer against the greed of his customers. — Ambrose Bierce

“Everybody knows that once something is declared a right, the laws of supply and demand are automatically repealed.” – Ben Shapiro, podcast, September 4, 2018

Websites I Like and Use

  • Political Calculations
  • Dan Mitchell's Analysis of Tax Issues
  • Federal Reserve Bank of St. Louis
  • Federal Reserve Bank of Boston
  • Federal Deposit Insurance Corporation
  • Board of Governors of the Federal Reserve System
  • Federal Reserve Bank of Minneapolis
  • California Pension Tracker

My Other Blogs

  • California Wine Fan
  • Virginia Wine Fan
  • Oregon Wine Fan
  • My musings about technology and strategy

GonzoEcon History

Recent Posts

  • Iowahawk Shows How to Use Excel to Draw Your Own Hockey Stick
  • Secrets of Making Money
  • Your Constitutional Right to Be a Pirate
  • Berkley’s Natural Gas Ban Will Cost Consumers
  • Berkeley Bans Natural Gas

RSS feed: RSS RSS

  • Iowahawk Shows How to Use Excel to Draw Your Own Hockey Stick September 22, 2026
    Remember the "hockey stick?" No, not the kind used in the National Hockey League.  This hockey stick is a curve first proposed by Michael Mann. It is the output from his climate model. Continue Reading →
    Tony Lima
  • Secrets of Making Money September 21, 2026
    About a century ago, the PBS NOVA put together "Secrets of Making Money." This video detailed the many then-new security features built into the redesigned $100 banknote. Continue Reading →
    Tony Lima
  • Your Constitutional Right to Be a Pirate September 4, 2026
    Article I, Sec 8 of the Constitution gives Congress the power to grant citizens “letters of marque and reprisal.” You, too, can be a pirate. Continue Reading →
    Tony Lima
  • Berkley’s Natural Gas Ban Will Cost Consumers August 4, 2026
    Congratulations, Berkeley residents. Not only do you get to pay more for your electric stove, you also contribute to greater greenhouse gas emissions. Continue Reading →
    Tony Lima
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