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583

Lee Ohanian Op-Ed in The Hill

Warren Buffett, taxing capital income is a bad idea By Lee Ohanian In 2011, superstar investor Warren Buffett made headlines not for his investment recommendations but for his opinion that tax rates on high earners should substantially increase. Buffett proposed the Buffett Rule, which would impose a minimum 30 percent effective tax on those with incomes exceeding […]

585

Department Renames the Value Investing Program after Benjamin Graham

The Economics Department is delighted to announce the renaming of its undergraduate Value Investing Program after the field’s pre-eminent pioneer, Benjamin Graham. With the concurrence and encouragement of Mr. Graham’s son, Dr. Benjamin Graham, Jr., the program will now be known as the Benjamin Graham Value Investing Program. Benjamin Graham, widely known as the “father […]

586

UCLA Economics Programs Now Classified as STEM

Beginning with the Fall 2019 graduating class, our Economics and Business Economics Bachelors, Master of Applied Economics, and Economics PhD programs will be officially classified as STEM (CIP code 45.0603).  The STEM designation signifies the analytical rigor of our classes, which trains students in statistics and programming but also teaches them to see the world […]

587

David DeWolf

We often hear the classic phrase, “Bruin born, Bruin bred, Bruin til the day I’m dead.” Even our first experience at orientation–that almost baptismal dip into the inverted fountain–is meant to reinforce such adages. Tens of thousands can say they attended UCLA as an undergraduate, but far fewer alumni can also claim UCLA attendance for […]

588

Immigration and Labor Markets

Economists have been studying the labor-market consequences of immigration for over three decades. The vast literature that has emerged has brought new theoretical perspectives to labor economics and new empirical approaches to modeling labor-market. What the literature has not produced is consensus about how labor markets respond to immigrant inflows. Which types of workers lose […]

589

Mark Spindel

Board of Visitors Mark Spindel Founder and Chief Investment Officer Potomac River Capital LLC In 2007, Mr. Spindel launched Potomac River Capital LLC, a Washington-based, registered investment adviser. His firm specialized in managing global macro hedge funds with a specific focus on the intersection of macro-economics, central bank policy and capital markets. The firm’s assets […]