Without defending some (or a lot) of its anti-growth economic policies, the easily-forgotten truth is that California is by far the most enterprising, entrepreneurial state in the most enterprising, entrepreneurial country in the world. Evidence supporting the previous claim can be found in the fact that 60% of the world’s venture capital investment annually flows to startups based in California, not to mention that if the Golden State were a country, it could lay claim to being the world’s 4th largest economy. When conservatives oddly politicize what booms as a “basket case” (and other pejoratives like it), they shrink themselves.
Read Full Article »
