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Economic Policy Challenges Facing California’s Next Governor

via Hoover Institution
Monday, October 29, 2018

Hoover Institution economists have just written a new paper describing a number of significant economic problems within California and how to fix them.

Health Care Policy Reform: Economic Policy Challenges Facing California’s Next Governor

by Scott W. Atlasvia Hoover Institution
Monday, October 29, 2018

America’s health care is at or near the top of the list of issues that voters prioritize in most surveys. California voters are no exception, and with good reason. Following the passage and implementation of the Affordable Care Act (ACA, or Obamacare) and its new regulations and taxes, Americans saw massive increases in insurance premiums and a disappearance of insurance options across the country. In its first four years, ACA insurance premiums for individuals doubled and for families increased by 140 percent. This occurred even though insurance deductibles increased by over 30 percent for individuals and by over 97 percent for families, according to eHealth.

Housing Policy Reform: Economic Policy Challenges Facing California’s Next Governor

by Lee Ohanian, Jesús Fernández-Villaverdevia Hoover Institution
Monday, October 29, 2018

California is ranked forty-ninth in housing affordability. According to Zillow, the median home value in California in July 2018 was $541,800, compared to the national median price of $218,000, which is a premium of about 150 percent over the national average. Only Hawaii and Washington, DC, have higher median home values than California.

Education Reform: Economic Policy Challenges Facing California’s Next Governor

by Eric Hanushekvia Hoover Institution
Monday, October 29, 2018

Performance of students in California has recently improved, but large numbers of students still remain poorly equipped to face a world of automation and economic change. Moreover, California’s economic future is in jeopardy, especially if the high cost of living impedes the flow of skilled in-migrants to the state.

Water Policy Reform: Economic Policy Challenges Facing California’s Next Governor

by Edward Paul Lazearvia Hoover Institution
Monday, October 29, 2018

California is a drought-prone state. Since 1960, the population of California has more than doubled. This suggests that the problem is that population growth in the state has made it difficult to supply enough water to accommodate the larger population. Although true to some extent, this is a minor cause of our water difficulties.

Pension Reform: Economic Policy Challenges Facing California’s Next Governor

by Joshua D. Rauhvia Hoover Institution
Monday, October 29, 2018

Pension liabilities are one of the most important, and most poorly understood, fiscal challenges facing California. Unfunded pension liabilities are a large and growing fiscal burden for the state government and for local governments as well. For the state government, the share of pension contributions in the budget has increased by 350 percent since 2002. 

Electricity Policy Reform: Economic Policy Challenges Facing California’s Next Governor

by Frank A. Wolakvia Hoover Institution
Monday, October 29, 2018

Californians like to think of themselves as environmentally conscious and forward-thinking. The state’s energy and environmental policies reflect these sentiments. With the passage of SB 100, California has one of the nation’s most ambitious renewable energy goals for its electricity supply industry. The California Solar Initiative rebate program has led to more rooftop solar capacity in the state than the total rooftop solar capacity installed in the next eight highest-capacity states.

No Eclipse

by LTC Marcus Ferraravia Analysis
Tuesday, October 9, 2018

An American crisis of confidence, augmented by effective Chinese propaganda, has driven the narrative of the end of the “American Century,” replaced with a Chinese one. An analysis of such metrics as demography, social stability, geography, the environment, economics, military strength and capability, and soft power belies the concept of American decline and shows that China is beset with substantial internal and international challenges that indicate continued United States dominance in world affairs.

From the Iranian Corridor to the Shia Crescent

by Fabrice Balanche via Analysis
Friday, August 17, 2018

Tehran’s long-term strategy to fortify the Iranian Corridor as a Shiite Crescent requires demographic reengineering. Iran and its allies must be able to rely on a loyal population because of the solidarity it provides at the sectarian level.The attempt to reduce the Sunni numerical advantage is real, but it has had limited results. Even, if viewing the Levant as largely Sunni dominated is a mistake, it seems difficult for Iran to reverse the demographic balance. In contrast, the strategy of promoting internal division among the Sunni promises to be more effective.

Iran On The Brink: Challenges And Opportunities For Washington

by Sanam Vakilvia Analysis
Tuesday, July 17, 2018

In this essay, Sanam Vakil assesses the four interconnected economic, regional, domestic, and nuclear deal challenges besetting Iran. These challenges have emerged due to renewed US pressure against Iran but also stem from Iran’s endemic factional tensions between pragmatists and conservatives and their ideological differences on how to best protect the Islamic Republic. Vakil also argues that the gravity of these challenges offers a unique opportunity to the Trump administration to move beyond its traditional containment policy toward a meaningful grand strategy to reduce US-Iranian tensions. 

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