Book review: Recovering institutional memory

Loren Kaye
President of the California Foundation for Commerce and Education

Assemblyman Willard M. Huyck served two terms in the Legislature shortly after the end of the Second World War. Though little-remembered today, Mr. Huyck is still alive – the only surviving member of the 1940s-era Legislature, a living link to the reigns of Governor Earl Warren and lobbyist Artie Samish. Also in the 1940s, as […]

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You can have infill housing or an unreformed CEQA , but not both

Loren Kaye
President of the California Foundation for Commerce and Education

If the question is housing affordability or greenhouse gas reductions, livable cities or infrastructure investment, then the answer often involves “infill housing.” Dense housing in communities with existing infrastructure is the holy grail for planners, environmentalists and many elected officials. “Encouraging new housing development in infill areas would spur economic growth, reduce monthly household costs, […]

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Legislation would upend local citizens’ initiatives

Loren Kaye
President of the California Foundation for Commerce and Education

In 2016 California voters considered more than 850 local ballot measures. But that is just too much democracy, according to a measure introduced in the Assembly last month. Most local measures are placed on the ballot by a local governing board: city council, school board, transit district, etc. Most of those measures are charter amendments, tax increases or bond […]

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Expanding opportunity for all Californians

Loren Kaye
President of the California Foundation for Commerce and Education

An abridged version of this article first ran in the Sacramento Bee. For good or ill, the new administration in the nation’s capital has upended the national policy debate, requiring the consideration of California’s politicos, and diverting their attention from our own pressing needs. From a distance it seems the California economy couldn’t do any better. […]

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Improving a good thing: making regulatory reform better

Loren Kaye
President of the California Foundation for Commerce and Education

One of the few significant pro-business reforms to emerge from the Legislature during the recession was a more robust cost-effectiveness requirement for administrative regulations. Authored by Senator Ron Calderon but written and shepherded by then-Senate staff and now Assemblyman Ken Cooley, the measure required agencies to analyze regulatory alternatives more diligently, provide more extensive economic analysis of […]

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If the question is upward mobility the answer is California colleges

Loren Kaye
President of the California Foundation for Commerce and Education

What’s the most effective tool to improve economic mobility in California? Higher minimum wage? No. Mandatory employment benefits? Nope. Higher redistributive taxes? Nada. It’s the California State University and community colleges. According to a landmark study for the Equality Opportunity Project, Stanford’s Raj Chetty and coauthors found that certain state and community colleges offer effective pathways to higher incomes […]

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Appellate court hears arguments on cap-and-trade auction

Loren Kaye
President of the California Foundation for Commerce and Education

A Sacramento appellate court will hear oral arguments this morning on a closely-watched lawsuit filed by CalChamber concerning the California Air Resources Board’s cap-and-trade auction. In 2012, CalChamber sued the ARB seeking to invalidate the auction in violation of Proposition 13. The complaint asserts that AB 32 does not authorize the ARB to impose fees […]

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It’s Getting Crowded At The Top

Loren Kaye
President of the California Foundation for Commerce and Education

“Is that all?” That’s my guess as what would be the modal response from budget pressure groups, disappointed at the Governor’s less than fulsome funding of various spending programs released in today’s proposed 2017-18 state budget. Uncertainty about the economy, about federal tax policy, and most importantly about taxpayer behavior, supports a prudent approach from […]

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California Factors Dampen Upward Mobility For The Poor

Loren Kaye
President of the California Foundation for Commerce and Education

Children born to low-income parents in California have slightly higher lifetime earnings than children born to low-income parents in other states – but not because they live in California. Researchers credit the better income mobility to the parents. In fact, these same children would have experienced even greater upward income mobility had they grown up […]

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California voters also reflect middle class anxiety

Loren Kaye
President of the California Foundation for Commerce and Education

Academic researchers from top American universities delivered some dispiriting news last week: Barely half of 30-year-olds earn more than their parents did at a similar age, an enormous decline from the early 1970s when the incomes of nearly all offspring outpaced their parents. As reported by the Wall Street Journal, even rapid economic growth won’t do much to reverse […]

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