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Economy

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.”

The State

When It Comes To Playing “the California Game,” Kevin Durant May Have Dethroned “King James”

by Bill Whalenvia California on Your Mind
Thursday, April 18, 2019

If you’re a fan of the National Basketball Association, you’re probably aware of two California trends.

Economy

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.

Politics

California’s Governor Looks South Of The Border; California Lawmakers Look To Shame South Carolina

by Bill Whalenvia California on Your Mind
Thursday, April 11, 2019

California far outpaces America’s 49 other states in wealth, economic output, and innovation spending (by some estimates, nearly one-third of the nation’s overall R&D spending).

Politics

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.

Politics

California’s Primary Color: Green . . . With Envy

by Bill Whalenvia California on Your Mind
Thursday, April 4, 2019

Among the more curious comments of late by a California politician is the recent assessment of next year’s Democratic presidential primary in the Golden State, courtesy of Los Angeles mayor Eric Garcetti.

Politics

A California Woman On The Democratic Ticket? If Not, It Won’t Be Because The State’s A Liability

by Bill Whalenvia California on Your Mind
Thursday, March 28, 2019

After the 2016 election and too many columns declaring the near-certainty of a Hillary Clinton presidency, I vowed to abstain from the prediction business.

Business

How Many Of California’s 1.5 Million Food-Service Jobs Will Be Lost To The Minimum Wage?

by Lee Ohanianvia California on Your Mind
Tuesday, March 26, 2019

In 2022, California’s minimum wage will rise to $15 per hour (by 2023 for businesses with fewer than 25 employees), including restaurant workers. As one California food wholesaler, who services a number of restaurants, told me, “Get ready for the $25 lunch burger at your favorite decent, non–fast food restaurant.” 

Politics

How To Take Initiative In California? Go To The Ballot, With An Initiative

by Bill Whalenvia California on Your Mind
Thursday, March 21, 2019

Around the nation, as duly noted in this story that ran last weekend in The Hill, Republican state lawmakers are pushing back against the initiative system.

Education

College In Light Of The Bribery Scandal: The Economics Of Admission To An “Elite College”

by Lee Ohanianvia California on Your Mind
Tuesday, March 19, 2019

Last week, the world of colleges was rocked by a scandal in which some students were alleged to have gained admission to universities including Yale, Wake Forest, and Georgetown, as well as the California campuses of Stanford, USC, and UCLA through $25 million in bribes. This occurred through a complex process that often involved admitting students through athletic channels, in which admissions criteria may be considerably different.

Pages

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Related Content

 

California on Your Mind is a twice weekly journal about California politics and economic policies, and how they affect California’s economy. At one time, California policies helped create the “California Dream” by fostering affordable housing, creating high quality schools, and facilitating substantial infrastructure investments. These policies helped make California the 20th century destination for thousands of businesses, and for tens of millions of Americans who moved to California from other parts of the country. Today, a very different set of state and local policies is contributing to rapidly increasing housing prices, growing homelessness, lower quality schools, and insufficient public investments.

This journal discusses California political and policy developments in real time, describes how they will affect the California economy, and analyzes how reasonable policy reforms can reduce California’s cost of living, improve California schools, increase public investment, and help restore the “California Dream”.

 

About the Authors

Lee Ohanian

Lee E. Ohanian is Senior Fellow at the Hoover Institution and Professor of Economics at UCLA. He is an adviser to the Federal Reserve Bank of Minneapolis, and previously has advised other Federal Reserve Banks, Foreign Central Banks, and the National Science Foundation. He has been an economic adviser to state and national political campaigns and has testified to the U.S. Senate and the California State Legislative Assembly on economic policy issues. His research, which recently has been discussed in the New York Times, Wall Street Journal, Washington Post, and other media sources, focuses on economic policies and economic growth, and as been published widely in a number of peer-reviewed journals. He is a frequent columnist for the Wall Street Journal. He received his Ph.D. in Economics from the University of Rochester.

 

Bill Whalen, a Hoover Institution research fellow since 1999, writes and comments on California and America’s political landscapes. Whalen is a columnist for the Sacramento Bee and Forbes.com and also writes frequently for Real Clear Politics, The Hill and the Washington Times. He is also the host of Hoover’s Area 45 podcast that explores policymaking and politics as they pertain to the Trump presidency. Prior to joining the Hoover Institution, Whalen served as chief speechwriter and director of public affairs for former California governor Pete Wilson. He’s also served as a strategist for numerous California political hopefuls, including former Governor Arnold Schwarzenegger. A native of Washington, D.C., Whalen received a B.A. in journalism from Washington & Lee University. ​