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How California is failing its Latino population
The current California regime has been a disaster for minorities.
Few states so self-righteously proclaim their commitment to helping minorities like California does. Gov. Gavin Newsom rarely misses an opportunity to assert his solidarity with people of color, proclaiming in 2022 that “our incredible diversity is the foundation for our state’s strength, growth and success — and that confronting inequality is not just a moral imperative, but an economic one.”
Nice words, but on the things that matter — affordable housing, good jobs, and decent education — the current California regime has been a disaster for minorities. In a new study I did with attorney Jennifer Hernandez, released by the University of Texas’ Civitas Institute, we found that in most critical areas, African Americans and Latinos do worse here in California than in most of the country.
Read the full article at the Los Angeles Times.
Economic Dynamism
The Causal Effect of News on Inflation Expectations
This paper studies the response of household inflation expectations to television news coverage of inflation.
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The Rise of Inflation Targeting
This paper discusses the interactions between politics and economic ideas leading to the adoption of inflation targeting in the United States.
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Texas Stands on Commerce
Clear limits on shareholder resolutions have made Texas a model of business certainty — and business is flooding in.
America Needs Its Hidden Champions
From imaging systems to next-gen GPS, small and midsized manufacturers are quietly rebuilding America’s industrial and defense backbone.
