Prices From Oil to Gas to Wallet

How much is the price of oil affecting the price of gas and the Inland Empire’s wallets? Over the past twelve months, oil prices have risen from $60 per barrel to $80 per barrel. Robust global economic growth, continued supply disruption in Venezuela, and potential renewed sanctions on Iran all represent risk that prices could

The FED Looking Forward

Donald Trump has recently publicly expressed his displeasure with continued rate hikes by the Federal Reserve.  In both July and August he criticized the Fed for raising rates, declaring himself “not thrilled” and asserting they should be more accommodative.  Will such criticism affect the behavior of the Fed? There is a long and much-studied history

California Gubernatorial Elections and Business Investment

On November 6th, 26 states, including California, will elect governors. How will election season affect business investment in the state of California? As head of the executive branch, the governor exercises considerable influence over legislation and considerable discretion over regulation and permitting. In a state where the identity of the future governor is in doubt,

Race and Place in Partisan Voting

Recent work by Jonathan Rodden and others has pointed to the importance of population density in predicting partisan voting patterns. As seen in this precinct-level map of partisan voting patterns, generated by Ryne Rohla and published by the New York Times, cities are azure islands surrounded by oceans of crimson countryside. In an influential article