Lee Ohanian

Senior Fellow
Biography: 

Lee E. Ohanian is a senior fellow at the Hoover Institution and a professor of economics and director of the Ettinger Family Program in Macroeconomic Research at the University of California, Los Angeles (UCLA).

He is associate director of the Center for the Advanced Study in Economic Efficiency at Arizona State University and a research associate at the National Bureau of Economic Research, where he codirects the research initiative Macroeconomics across Time and Space. He is also a fellow in the Society for the Advancement of Economic Theory.

His research focuses on economic crises, economic growth, and the impact of public policy on the economy. Ohanian is coeditor of Government Policies and Delayed Economic Recovery (Hoover Institution Press, 2012). He is an adviser to the Federal Reserve Banks of Minneapolis and St. Louis, has previously advised other Federal Reserve banks, foreign central banks, and the National Science Foundation, and has testified to national and state legislative committees on economic policy. He is on the editorial boards of Econometrica and Macroeconomic Dynamics. He is a frequent media commentator and writes for the Wall Street Journal, Forbes, and Investor’s Business Daily. He has won numerous teaching awards at UCLA and the University of Rochester.

He previously served on the faculties of the Universities of Minnesota and Pennsylvania and as vice president at Security Pacific Bank. He received his undergraduate degree in economics from the University of California, Santa Barbara, and his PhD in economics from the University of Rochester.

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Recent Commentary

EducationFeatured

Restoring Racial Preferences Will Harm Many Who Are Supposed To Be Helped

by Lee Ohanianvia California on Your Mind
Tuesday, June 2, 2020

California’s 1996 constitutional amendment that prohibits public institutions from preferentially discriminating by race, sex, and ethnicity may be reversed later this year to restore explicit affirmative-action policies.

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Steven J. Davis And Lee Ohanian: Unemployment, The Stock Market And Our Economic Future | Hoover Virtual Policy Briefing

interview with Steven J. Davis, Lee Ohanianvia Hoover Podcasts
Thursday, May 28, 2020

AUDIO ONLY

Steven J. Davis And Lee Ohanian discuss Unemployment, The Stock Market And Our Economic Future.
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Infrastructure

featuring Russ Roberts, Lee Ohanian, Michael J. Boskin, Richard A. Epstein, John F. Cogan, John B. Taylor, Daniel Heilvia Policy Insights | A Guide to Important Policy Questions
Thursday, May 28, 2020

With COVID-19 wreaking havoc on the economy, some in Congress are proposing a large increase in infrastructure spending. Supporters claim that increased spending will boost the economy while ensuring future generations will benefit from improved transportation, power, and communication systems. But will increased federal spending on infrastructure deliver on these promises, or are there reasons to be skeptical?

Steven J. Davis and Lee Ohanian: Unemployment, the Stock Market and our Economic Future

interview with Steven J. Davis, Lee Ohanianvia Hoover Virtual Policy Briefings
Thursday, May 28, 2020

A Hoover Virtual Policy Briefing with Steven J. Davis And Lee Ohanian: Unemployment, the Stock Market and our Economic Future  
Thursday, May 28, 2020 at 11AM PT/ 2PM ET

Policy InsightsFeatured

Infrastructure

by Russ Roberts, Lee Ohanian, Michael J. Boskin, Richard A. Epstein, John B. Taylor, John F. Cogan, Daniel Heilvia PolicyEd
Thursday, May 28, 2020

With COVID-19 wreaking havoc on the economy, some in Congress are proposing a large increase in infrastructure spending. Supporters claim that increased spending will boost the economy while ensuring future generations will benefit from improved transportation, power, and communication systems. But will increased federal spending on infrastructure deliver on these promises, or are there reasons to be skeptical?

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Area 45: Lee Ohanian: The Place You Ought To Be?

interview with Lee Ohanianvia Area 45
Monday, May 25, 2020

Unemployment numbers, Tesla, and Apple.

Interviews

Lee Ohanian: Should Healthcare Be Free For Everyone?

interview with Lee Ohanianvia Debating Europe
Monday, May 25, 2020

Hoover Institution fellow Lee Ohanian debates whether the ongoing pandemic could encourage the US to take a “more European” approach when it comes to healthcare (especially in an election year when healthcare is likely to be an important electoral issue).

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Elon Musk Fights The Law And Economic Freedom Wins

by Lee Ohanianvia California on Your Mind
Tuesday, May 19, 2020

Tesla CEO Elon Musk defied state and county orders by restarting the Tesla auto plant in Fremont, California, after filing a lawsuit against Alameda County for being forced to stop production (Tesla was the only US automaker to be shuttered).

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Area 45: Lee Ohanian: Tesla Recoil

interview with Lee Ohanianvia Area 45
Friday, May 15, 2020

California’s record budget deficit is formally unveiled, and Tesla's CEO Elon Musk re-opens his Bay Area car factory–in defiance of local business restrictions.

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A Few Lawmakers Try To Restore Work For Californians

by Lee Ohanianvia California on Your Mind
Wednesday, May 13, 2020

Unemployment approaching 20 percent. Thousands of businesses shuttered. A $54 billion state budget deficit. Deaths from COVID-19 reaching 2,500 and climbing. California’s new priorities are obvious. But by punishing some of the world’s most innovative businesses, California took a big step backwards from reigniting the economy.

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