Lee Ohanian’s work on WWII featured in Financial Times
A recent article in the Financial Times leans heavily on research from UCLA Professor Lee Ohanian. According to the piece, “How the US actually financed the second world war,” the US raised taxes on capital from 44 to 60 percent during the second world war. Further, labour taxes doubled, from 9 to 18 percent. According […]
Michela Giorcelli wins Fall 2018 Scoville Teaching Award
The UCLA Department of Economics congratulates Professor Michela Giorcelli for winning the Scoville Award for best undergraduate teaching in Fall 2018 for her class Econ 181, Development of Economic Institutions in Western Europe. This course applies economic theory and quantitative reasoning to study the economic history of Western Europe from the 18th to the 20th […]
Lee Ohanian on LA Teacher’s Strike
This article by Lee Ohanian originally appeared in The Hill. Last week, 31,000 Los Angeles Unified School District teachers represented by the United Teachers of Los Angeles (UTLA) union went on strike for the first time in 30 years. Substitute teachers and administrators make up a skeleton crew that is keeping schools open, and about […]
Lee Ohanian in the Wall St Journal
Nearly half of millennials say they prefer socialism to capitalism, but what do they mean? “My policies most closely resemble what we see in the U.K., in Norway, in Finland, in Sweden,” Rep. Alexandria Ocasio-Cortez told “60 Minutes.” Yet Sweden’s experiment with socialist policies was disastrous, and its economic success in recent decades is a […]
In Memory of Harold Demsetz
Harold Demsetz was a Professor of Economics at UCLA from 1971 until his retirement (if he ever really retired). He was the Arthur Andersen Chair in Business Economics and chaired the UCLA Department of Economics from 1978-1980. He was also elected fellow of the American Academy of Arts and Sciences. But the most important thing about […]
Rodrigo Pinto Paper Makes “Best of 2018”
Each year Quartz, a digital publication that’s part of Atlantic Media, publishes a list on Economics Research That Shaped Our World. This year include Professor Rodrigo Pinto’s paper on “Noncompliance as a Rational Choice”. This paper finds that growing up in an affluent neighborhood leads to better economic outcomes as an adult. Nobel prize winner Jim Heckman writes: “Randomized control […]
Moritz Meyer-ter-Vehn appointed Editor of Review of Economic Design
The UCLA Department of Economics is very happy to announce that Associate Professor Moritz Meyer-ter-Vehn has been appointed as an Editor for the Review of Economic Design! The Review of Economic Design explores the art and science of inventing, analyzing, and testing economic, social, and political institutions and mechanisms. The journal applies normative and positive economics and […]
Former UCLA PhD Student Fights Extradition
This piece originally appeared in the Wall Street Journal. Political persecution drove former Colombian agriculture minister Andrés Felipe Arias to flee to the U.S. in 2014. The U.S. Embassy in Bogotá helped him escape, and when he arrived in Florida he immediately applied for asylum. But if Mr. Arias thought he was safe, he wasn’t taking […]
Lee Ohanian op-Ed on France in The Hill
French President Emmanuel Macron’s ambitious goal of creating a vibrant and competitive French economy through major economic reforms came crashing down last week when riots over issues ranging from fuel taxes to inequality forced him to backpedal on some of his key reform ideas. With an approval rating of around 20 percent and plummeting, Macron […]
California Policy Lab Awarded $1.2M UC Multicampus Research Grant
Berkeley–The California Policy Lab (CPL) was awarded a $1.2 million grant from the University of California’s Multicampus Research Programs and Initiatives to leverage experts across the UC system to tackle complex problems that include homelessness and designing education and training to meet workforce needs. “With this grant, new scholars will provide expertise needed for projects […]