California is a desirable place to live, regardless of its politics. Primarily it’s the comfortable climate made better by sucking the Colorado River dry. This is demand. On the supply side, there is ...

Any basic economics class will start with these two words on the blackboard. They are the yin and yang of the market. Whenever one of these two items falls out of balance, it can take a major toll on ...

Paul Solman: On Tuesday, we posted the first transcript from a series of interviews I’ve done with Paul Samuelson over the years. This installment picks up where the last left off, explaining the most ...