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By Steve Levy

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About this blog: I grew up in Los Angeles and moved to the area in 1963 when I started graduate school at Stanford. Nancy and I were married in 1977 and we lived for nearly 30 years in the Duveneck school area. Our children went to Paly. We moved ...  (More)

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Debt debate delusions: An economist shakes his head at budget mess
Aug 15, 2011 8:47 am
Comments: 40 | Views: 3,957

I have lived in Palo Alto for nearly 50 years studying economics and working as an economist. I have lived here through the recession after the Vietnam War ended,... More
Two Positives from the Debt Ceiling Debacle
Aug 3, 2011 12:59 pm
Comments: 94 | Views: 10,795

The debt ceiling debate and final agreement shows how screwed up our congressional politics is. There was no discussion of entitlement reform or tax reform, no inclusion... More
Two Positives from the Debt Ceiling Debacle
Aug 3, 2011 12:59 pm
Comments: 94 | Views: 3,786

The debt ceiling debate and final agreement shows how screwed up our congressional politics is. There was no discussion of entitlement reform or tax reform, no inclusion... More
California's Budget Deficit and Debt
May 18, 2011 5:56 pm
Comments: 38 | Views: 9,206

First a couple of numbers.

After the spending reductions adopted in March and the additional income tax revenue that was reported in April, California now faces... More
California's Budget Deficit and Debt
May 18, 2011 5:56 pm
Comments: 38 | Views: 4,187

First a couple of numbers.

After the spending reductions adopted in March and the additional income tax revenue that was reported in April, California now faces... More
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