Today, the Bay Area is home to the most successful knowledge
economy in America, while Los Angeles has fallen progressively
further behind its neighbor to the north and a number of other
American metropolises. Yet, in 1970, experts would have predicted
that L.A. would outpace San Francisco in population, income,
economic power, and influence. The usual factors used to explain
urban growth―luck, immigration, local economic policies, and... more...