The disaster at Japan’s Fukushima Dai-ichi nuclear plant, and the upheavals in the Middle East are the sort of events that send economists back to their forecasters’ drawing boards. As usual, there is a tendency to confuse the long run and the short run, and to blame developments that were due to occur anyhow on the most recent events. Read More
The 8.9-magnitude earthquake that hit Northern Japan on Friday, triggering deadly tsunamis, hit San Francisco physically and emotionally.
Whether it was worries about family and friends or worries about when a similar quake will hit San Francisco, a shocked yet somber tone fell across The City this weekend as many in the Japanese-American community went on with their daily lives. Read More