The New York Times, Aug. 28, 2020
A Gen-X adviser to Biden argues equality is good for growth
“If anything, economics is reckoning with its political past,” said Mehrsa Baradaran, a professor of law at the University of California, Irvine, who has written extensively about the racial wealth gap and serves on the Washington Center for Equitable Growth’s board of directors. “Heather is really in the forefront of this,” Professor Baradaran added. “She’s talking to a different audience than I think a lot of other academic economists. She’s actually trying to collect effective policy and make economic changes by looking at the data we measure.” [Subscription required, campus-wide access provided by UCI Libraries. Sign-up here: AccessNYT.com]
Modern Healthcare, Aug. 29, 2020 (Video)
Videos: Healthcare industry executives describe their encounters with racism
Healthcare leaders tell stories about incidents of racism or discrimination in their careers. … Dr. Carol Major, assistant dean of diversity and inclusion, University of California, Irvine School of Medicine said “What was painfully evident is there’s racisim, regardless of how long you’ve been doing the job you’ve been doing. Regardless of how many levels of achievement that you’ve gotten to. … Anyone can experience it at any time. … It made me realize we have so much more work to do.
Financial Times, Aug. 27, 2020
Fed inflation shift raises questions about past rate rises
“The question is will this led to a replay of the 1970s when inflation got out of hand, or will it will resemble the 1930s, when the Fed needed to jettison its nominal anchor to aggressively offset the Great Depression?” said Gary Richardson, a professor of economics at the University of California, Irvine and an expert on Fed history. “Hopefully, we’ll be somewhere in between. A happy medium.”
Marketplace, Aug. 28, 2020 (Audio)
California blackouts trigger debate about electric grid resilience
“Before the incorporation of all these renewables and other things, you have the load profile, and then you just turn power plants on and off to meet the load profile,” said Brian Tarroja, a researcher in the Advanced Power and Energy Program at the University of California, Irvine. Some blamed California’s adoption of renewable energy for triggering the blackouts, but Tarroja said that’s an oversimplification. The real culprit is a lack of integration of these renewables and the difficulty of getting all that power where it needs to go. Another issue is that there’s no incentive for utilities to update.
Scientific American, Aug. 27, 2020 (Podcast)
End of ‘Green Sahara’ may have spurred a megadrought in Southeast Asia
Some 5,000 years ago, that “Green Sahara” dried up to become the enormous desert we know today. And scientists now think that this climate shift had effects far away—including causing a megadrought in Southeast Asia. Kathleen R. Johnson, a paleoclimatologist and geochemist at the University of California, Irvine, says the key to that discovery were stalagmites collected in a cave in northern Laos.
Previously “In the News”