A Success Story as Big as Texas? Actually, That’s a Myth


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.

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.