Marx, the son of a former Harvard statistics professor, grew up in Cambridge, Mass.

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Six of the Golden State's metropolitan areas were in the top 10 nationwide, and the Los Angeles-Long Beach area ranked No. 1 with 15, 005 workers axed in mass firings in the quarter, according to the U.S. Bureau of Labor Statistics, which reports instances of employers who let go more than 50 workers in a quarter.

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Promptly gold reassumed its primacy of place in the U.S. currency system, and for the next 17-year run, till 1913 and the creation of the Federal Reserve, growth was 3.4% per year. 5.5% for pushing two decades, then 3.4% for pushing two decades, under gold auspices: these are the statistics of not merely success, but the most phenomenal push into mass prosperity that the world had ever seen.

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