Originally Posted by edluva
maybe you do too, and that's why you are capable of seeing the assertion that LA's economy influences the world's economy in all those economics papers you've obviously read. Because it's obvious that's what all those economists were asserting.
Look, you're the one making the point that LA is globally powerful economically, and that it influences the world. The burden thus lies with you to furnish a well presented argument - and if you can't supply one, then give me a reference to read, in which an economist makes that exact assertion. otherwise, you're full of boosterish nonsense.
these lists are not very good, but it is all i can find now.
(follow the link, download the document. It is long and detailed on some aspects, not great at others. As a researcher myself, I don't like really respect the report since the quality is low in many respects) anyhow here is a qoute
While New York, Chicago, and Los Angeles are the U.S. leaders in global connectivity, San Francisco, Miami, Atlanta, and Washington are also important nodes in the world city network.
at the same time you are right about connectivity. The US in general, is not very internationally connected. It controls the world economy based on consumption of imports and a few exports, but not DIRECTLY, as you suggest. As a result, LA effects the global economy directly and INDIRECTLY. I gave two references on how it effects the world economy directly. I have read more over the years, but that is all I could find in my short search. So, suffice it to say, LA effects the global economy directly, but it has a MASSIVE influence indirectly as well.
LA is a significant center for the state economy, which is very important to the health of the entire nation and thus the world. Of course, that is changing quickly. LA's ports a extremely vital to the world economy becuase it keeps Americans buying up the world's goods. LA is the last remaining major manufacturing center in the US which effects the US economy, but also exports. Defense technologies, and mass media are also heavily produced in LA and widely exported. So in those indirect cases, LA is a large factor to the global economy.
I couldnt find a GREAT article I read from the CA department of finance that broke down many of LA's industries, but I don't feel like wasting time looking for it.
Now that I have shown you a TINY fraction of all of the evidence i have seen over the years, I challenge you to find ONE document that lists the top 15 world centers WITHOUT LA on it. Better yet, don't, cause it DOESNT MATTER and is a waste of time. What matters is that we all vote, go to planning meetings, and make LA a more livable place. We all need to stop being boosters or haters, and start improving our city.