A Success Story as Big as Texas? Actually, That’s a Myth
2011-08-19 | Filed Under SteveG's Posts |
A Success Story as Big as Texas? Actually, That’s a Myth from Paul Krugman.
Of course, Texas has faster job growth than the rest of the country; it always does [because of immigration - added by ssg:]. The question is whether relative to that trend the state has done remarkably well. And it hasn’t: the unemployment rate in Texas is slightly higher than the rate in New York.
Krugman bases his analysis on three economic models. I like the use of models. Building electronic simulation models is how I made a career.
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