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

BusinessFeatured

At $140,000 Per Year, Why Are Government Workers In California Paid Twice As Much As Private Sector Workers?

by Lee Ohanianvia California on Your Mind
Tuesday, April 30, 2019

Nationwide, government-worker compensation has been growing more rapidly than private-sector compensation for several years, but this trend is on steroids in California, where some state and local government workers are now paid roughly twice as much as those in the private sector.

Featured

Lee Ohanian On The John Batchelor Show

interview with Lee Ohanianvia The John Batchelor Show
Wednesday, April 24, 2019

Hoover Institution fellow Lee Ohanian discusses his California On Your Mind article "The Extremely Bad Economics Of Single-Payer Healthcare For California."

Interviews

Lee Ohanian - Should Taxpayers Pay $70 Million To Keep A Trailer Park As "Low-Income Housing?"

interview with Lee Ohanianvia Lars Larson National Podcast
Wednesday, April 24, 2019

Hoover Institution fellow Lee Ohanian discusses his California On Your Mind article "What Do You Call A $70 Million Trailer Park? Insanity? No, It’s Called “Low-Income Housing.”

HousingFeatured

What Do You Call A $70 Million Trailer Park? Insanity? No, It’s Called “Low-Income Housing”

by Lee Ohanianvia California on Your Mind
Tuesday, April 23, 2019

Welcome to the world of the $70 million trailer park, which could only happen in California.

Featured

Hoover Panelists Address Prosperity In The Last 100 Years

featuring George P. Shultz, Terry Anderson, John F. Cogan, Lee Ohanian, Peter M. Robinson, Hoover Institutionvia Stanford Daily
Thursday, April 18, 2019

“If students here could take anything away from this right now — you have no idea how much us old guys up here suffered to make your lives better,” Peter M. Robinson said, as the audience broke into laughter. Robinson’s lighthearted sentiment echoed the more serious issues of standards of living and sustained financial prosperity addressed in the Hoover Institution’s panel discussion on Thursday, the second in a three-part centennial speaker series, A Century of Ideas for a Free Society.

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Area 45: California And Economics On Your Mind With Lee Ohanian

interview with Lee Ohanianvia Area 45
Thursday, April 18, 2019

Lee Ohanian talks about California On Your Mind and his latest article on California’s economic health, its new governor, and the state’s role as the lead in the anti-Trump “resistance.”

Lee Ohanian: The Economic Policies of the 2016 Presidential Candidates
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Lee Ohanian: The Economic Policies of the 2020 Democratic Presidential Candidates

with Lee Ohanianvia Fellow Talks
Tuesday, April 16, 2019

How the Democratic Presidential Candidates have moved further left. 

EconomyFeatured

The Extremely Bad Economics Of Single-Payer Healthcare For California

by Lee Ohanianvia California on Your Mind
Tuesday, April 16, 2019

“Medicare for All.” “Healthcare is a right, not a privilege.” “You will never be denied treatment under single-payer healthcare.”

These are some of the slogans that you will hear from politicians, including all current Democratic presidential candidates. In the most extreme versions of “Medicare for All” plans, such as that advocated by Bernie Sanders, private health insurance would be eliminated in favor of a government-run, single-payer plan.

PoliticsFeatured

Is California’s Governor Already Prepping For The 2024 Presidency?

by Lee Ohanianvia California on Your Mind
Tuesday, April 9, 2019

California governor Gavin Newsom is winding up his first 100 days as governor. This is of course way too soon for him to be thinking of higher political office. Or is it? Last week, Newsom solicited new campaign contributions, motivated by his “bold and unprecedented actions” during his first three months in office.

In the News

California Doesn’t Have To Be Like Texas – Following Florida’s Lead Will Work

quoting Lee Ohanianvia Pasadena Star-News
Wednesday, March 27, 2019

Texas, it’s been said recent years, should inspire California to recapture its lost promise, to polish its fading luster. While the Golden State grapples with a host of Blue State struggles, housing is more affordable in the Lone Star state, taxes are lower, business is welcomed rather than handcuffed, and its economic and employment prospects are high.

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