Skip to main content

From small to giant steps: What next for California’s housing agenda?

Carol Galante, faculty director, Berkeley Program in Housing and Urban Policy | September 29, 2017

On Sept. 15, the California Legislature approved a package of 17 bills aimed at putting a dent in the state’s housing crisis. While the votes came down to the wire, in the end, the need for solutions won the day, and in the coming weeks the governor is expected to sign each piece of legislation, … Continue reading »

It’s the German economy, stupid! Economic inequality, not immigration, explains far right rise in Germany

Beverly Crawford, Professor emerita, Political Science and International and Area Studies | September 27, 2017

The surprise showing of the far-right nationalist party, Alternativ fuer Deutschland (AfD) in Sunday’s German election has struck fear in the hearts of many analysts. Is Germany’s liberal democracy and society simply a thin veneer covering the monster of virulent nationalism that has long been crouching in the dark, waiting for its chance to attack? … Continue reading »

GOP’s last-ditch effort to repeal ACA worst one yet for California

Laurel Lucia, Labor Center Health Care Program director | September 20, 2017

Co-authored by Laurel Lucia, Ian Perry and Ken Jacobs; crossposted from the blog of the UC Berkeley Labor Center. Once again, Congress is considering a bill that would repeal the Affordable Care Act (ACA) and make major cuts to Medicaid. Next week, the Senate may vote on this latest repeal effort, led by Republican Sens. Lindsey Graham … Continue reading »

Is 2015 the year for a carbon tax?

David Zilberman, professor, agriculture and resource economics | January 5, 2015

Last year, during the holiday season the price of gasoline was at $3.57/gallon, which restricted the financial choices of everyday Americans. Actually from 2005 we consumers gradually adjusted to higher prices of oil. The adjustment wasn’t easy. Many lower-income individuals who purchased new homes far from work realized that they could not pay their mortgages, … Continue reading »

One step up and two steps back

Sylvia Allegretto, Economist, Co-Chair of the Center on Wage and Employment Dynamics | October 2, 2014

With the release of the (mostly) triennial Survey of Consumer Finances (SCF) from the Federal Reserve, it is once again time to look at trends in wealth. The SCF is one of the best sources for data on net worth (assets minus liabilities) in the U.S. In this post I use the newly released 2013 … Continue reading »

Macroeconomic stimulus for Ukraine

Yuriy Gorodnichenko, associate professor of economics | July 24, 2014

After years of mismanagement and looting, Ukraine faces a number of economic challenges. The situation is so critical that weak economic performance in the next few years could undermine the very independence of the country. Just yesterday, President Poroshenko signed a degree setting up the National Council for Reforms to design and coordinate reforms in … Continue reading »

Economic prospects of Ukraine

Yuriy Gorodnichenko, associate professor of economics | June 3, 2014

Ukraine is living through most trying times: Maidan protests, snipers killing dozens of unarmed protesters, the fall of Viktor Yanukovych’s regime, near-default of the government, Russian annexation of Crimea, and Russian-sponsored separatist mutiny in Ukraine’s East. With the victory of the February revolution, the new government, and the new elected president Petro Poroshenko, Ukraine has … Continue reading »

Today’s jobs report and the Supreme Court’s McCutcheon debacle

Robert Reich, professor of public policy | April 4, 2014

What does the Supreme Court’s McCutcheon decision this week have to do with today’s jobs report, showing 192,000 new jobs for March? Connect the dots. More than five years after Wall Street’s near meltdown the number of full-time workers is still 4 million less than it was in December 2007, yet the working-age population of the … Continue reading »

Understanding and curing myopic voting: Why voters focus on the election-year economy

Gabriel Lenz, associate professor of political science | January 28, 2014

By Andrew Healy and Gabriel Lenz In the U.S., we — the voters — elect our presidents using a potentially problematic decision rule: we largely decide who will be president based on the election-year economy (1, 2, 3). If the economy is on an upswing before the election, we usually retain the president or his … Continue reading »

Battle in Seattle: Boeing’s demands bad for U.S. economy

Harley Shaiken, director, Center for Latin American Studies | January 14, 2014

At the heart of the recent hard-ball negotiations between Boeing and the International Association of Machinists (IAM) is a troubling paradox:  A company scores record profits and demands tough concessions from its workers. Something is clearly wrong with this picture.  While earning more and paying less may fatten the bottom line next quarter, it dampens … Continue reading »

Inequality update

Claude Fischer, professor of sociology | June 4, 2013

Inequality has become the new hot topic over the last several years – in the media and in the research community. This post briefly reports several recent studies of inequality that tell us what’s been happening, why, and to what effect. (It’s not a cheery story.) Before that, notice how rapidly public attention – if … Continue reading »

Wealth and motivations for saving

Carola Conces Binder, Ph.D. candidate, economics | March 24, 2013

In a recent column in the Atlantic called “Building the Wealth of the Poor and Middle Class,” Noah Smith suggests a few ways to improve the unequal distribution of wealth in America. He notes that “one obvious thing we could do to make wealth more equal is – surprise! -redistribution…Giving the poor and middle-class more income will … Continue reading »

The Great Recession and preferences for redistribution

Carola Conces Binder, Ph.D. candidate, economics | March 4, 2013

Differences in attitudes towards welfare and redistribution are an important source of political tension, especially during recessions. What factors shape people’s attitudes towards welfare and redistribution? There are two main strands of thought on this question in the literature. One strand emphasizes economic self-interest as a key determinant of attitudes toward welfare and distribution. According … Continue reading »