Subject: Escape From New York (and California)
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Tue, 27 Dec 2016 05:01:14 -0500 (EST)

.footer .iOSLink a {       color: #666666 !important;       text-decoration: none !important;     }      @media only screen and (max-device-width: 480px) {       body {         padding: 10px !important;       }       .one-column p,       .one-column li {         font-size: 19px !important;         line-height: 29px !important;       }     }A daily digest of opinions and analysisThe States That Create Jobs But Lose WorkersCalifornia and New York are job-growth powerhouses, but they’re still losing residents to states with much softer labor markets. Justin Fox wonders why workers are fleeing to where the jobs aren’t. (One clue: Have you ever tried to rent in New York City?)Fact-Checking’s Infinite Regress ProblemSo Facebook is relying on experts to stop fake news from spreading. Great! But who will fact-check the fact-checkers? And who will fact-check them? Megan McArdle says a Roman poet saw this problem coming almost 2,000 years ago.The Next Big Climate-Change Battle Starts in the Developing WorldDonald Trump doesn’t hold the future of the environment in his hands — India and China do. But Noah Smith says the U.S. can do a lot to keep them from repeating the West’s industrial-era mistakes.Trump’s Win Was Unusual, But Hardly ‘Historic’Three presidential elections realigned politics for a generation. This latest one probably won’t. Albert R. Hunt explains why (contrary to the Trump camp’s claims) historians will see 2016 as a blip on the radar.Forget Mars. America Needs a New Moon Mission.As China, Russia, Japan and the European Union pour resources into lunar exploration, Obama’s goal of sending astronauts to Mars seems like a costly error. Adam Minter says there’s a perfectly good space destination (stocked with gold, platinum, iron and even water) right in our backyard.Ritholtz’s ReadsBuzzFeed’s boss predicts what’s next for the internet (Recode)2016: A tumultuous year explained in 128 graphics (Bloomberg)The world’s largest hedge fund is building an algorithmic model from its employees’ brains (WSJ)(Read Barry Ritholtz’s full daily news roundup.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe

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