One needn’t be an economist to know that California’s economy is in crisis. By a number of very important measures, California is failing. Especially considering the state’s status as a bellwether for the rest of the nation, CaliA­fornia cannot allow this downward spiral to continue unchecked. It must be reverseda??and sooner rather than later....

Written especially for portfolio managers, financial analysts, and corporate economists, this volume considers the practical implications of government economic policies....