Recent economic news out of California isn’t all that “golden:” 400,000 jobs shed and the nation’s highest unemployment rate; and the Golden State soon to be demoted from fifth to six in terms of global economies. Hoover senior fellow Lee Ohanian and distinguished policy fellow Bill Whalen, both contributors to Hoover’s “California on Your Mind” web channel, discuss why the West Coast economy has gone south (think: hostile business and jobs climate); and what’s behind governor Gavin Newsom’s recent spate of a bad publicity run that includes a harsh re-examination of his college baseball career. Finally, weighing the life and legacy of the late O.J. Simpson – and revealing the fate of the infamous white Ford Bronco (spoiler alert: start at Dollywood).

Unusual for a member of Congress, the 40-year-old Wisconsin Rep. Mike Gallagher is retiring later this year after only four terms in the House of Representatives. In a wide-ranging interview, Gallagher discusses what brought him to Capitol Hill and why he’s decided to depart so relatively soon; life inside a fractious Republican caucus; his legacy as chair of a House select committee examining the threat of an ambitious Chinese Communist Party; plus lessons learned from political and military service (Gallagher is an ex-Marine who served alongside Hoover senior fellow and Army Lt. Gen. H.R. McMaster in Iraq).

California’s Proposition 1, a $6.38 billion bond addressing mental health treatment across the Golden State, seems destined for voter approval. Is it sound policy – and a sound expense for a state deeply in debt? Hoover senior fellow Lee Ohanian and distinguished policy fellow Bill Whalen, both contributors to Hoover’s “California on Your Mind” web channel, join Hoover senior product manager Jonathan Movroydis to discuss the latest in the California, including a campaign to turn a coastal stretch of the Golden State into a new nation called “Pacifica”; the politics of “shrinkflation”; what this year’s US Senate race says about California’s top-two primary system; plus the legacy of the late C.C. Myers, who rebuilt the Santa Monica Freeway after 1994’s Northridge Earthquake.

A new year begins with a familiar story – Middle East turmoil – and two plots twists of late: US forces striking Yemen’s Houthi rebels while trying to safeguard Red Sea maritime traffic; and Iran firing missiles in the directions of Pakistan, Iraq, and Syria, which tests western resolve. Joel Rayburn, a Hoover Institution visiting fellow and member of Hoover’s Middle East and the Islamic World Working Group, and Bernard Haykel, a Princeton University professor of Near Eastern Studies and noted expert on Yemen, discuss strategic options in the Middle East including how to curb Iranian aggression, strengthening ties with regional allies, and reintroducing the notion of American-led deterrence.

On the eve of Iowa’s presidential caucuses and the start of the 2024 primary season, what’s the inevitability of a Biden-Trump rematch? David Brady and Douglas Rivers, Hoover Institution senior fellows and Stanford University political scientists, discuss various political dynamics heading into Iowa and beyond including whether there’s room for three viable Republican candidates in January’s and February’s contests, the number of persuadable voters in a polarized “two-incumbent” general election, the role of third-party candidates as mischief-makers, plus alternate ways for selecting presidential nominees – i.e., is it time for national, regional or more “open” primaries?

What did we learn in 2023? California governor Gavin Newsom’s forays into national politics may have hurt his popularity back home; San Francisco’s pre-summit emergency clean-up proved that urban sanitation, like fame, can be fleeting.

Hoover senior fellow Lee Ohanian and distinguished policy fellow Bill Whalen, both contributors to Hoover’s “California on Your Mind” web channel, join Hoover senior product manager Jonathan Movroydis to discuss the latest in the Golden State, including how California’s fiscal outlook went from a massive surplus to a titanic deficit, whether there’s light at the end of the tunnel for the state’s troubled high-speed rail project, plus Shohei Ohtani’s future in Dodger blue – and maybe a dodger of state income taxes.

A tale of not two but three California cities: what some have suggested was a hypocritical sanitizing of San Francisco ahead of this week’s APEC summit; the question of who and what caused a fire closing a portion of a Los Angeles freeway for weeks ahead; and in Sacramento, the 20th anniversary of Arnold Schwarzenegger taking office as California’s 38th governor. Hoover senior fellow Lee Ohanian and distinguished policy fellow Bill Whalen, both contributors to Hoover’s “California on Your Mind” web channel, join Hoover senior product manager Jonathan Movroydis to discuss the latest in the Golden State, including the addition of “disinformation” and ethnic studies classes (the latter now a graduation requirement) to California’s K-12 curriculum.

Though arguably one of the most celebrated economists of the past century, there’s much to still be learned about the late Milton Friedman – his embrace of free markets and capitalism, his oft-times contrarian thinking on the likes of drug legalization, and the women who supported his research. Author Jennifer Burns, a Hoover Institution research fellow and Stanford University historian, discusses what she learned about the fabled Hoover senior research fellow (courtesy of Friedman’s papers in Hoover’s archives)  in her new book, Milton Friedman: The Last Conservative.

Add to an already uncertain world: America’s uncertain ability to adequately budget for its national and global security needs – those needs more apparent given the US’s current involvement in two “hot” wars, plus “Cold War 2.0″ with China. Michael Boskin, the Hoover Institution’s Wohlford Family Senior Fellow and former chair of the White House’s Council of Economic Advisors, discusses Defense Budgeting for a Safer World – a new Hoover Institution press release he co-edited that features nearly three dozen defense and national security experts (many of them, Hoover fellows) outlining better ways to deliver “more bang for the buck” and recruit and retain needed personnel.

In Sacramento, the State Capitol’s annual bill-signing season ends, with California governor Gavin Newsom deciding the fate of hundreds of pieces of legislation. Hoover senior fellow Lee Ohanian and distinguished policy fellow Bill Whalen, both contributors to Hoover’s “California on Your Mind” web channel, join Hoover senior product manager Jonathan Movroydis to discuss the latest in the Golden State, including the governor’s use of the process to enhance his national image, his allergic reaction to a bill legalizing “magic mushrooms,” plus his re-embrace of the progressive dream of single-payer healthcare.

Read “Scenarios for Future US-China Competition” here: https://www.hoover.org/sites/default/files/research/docs/SiliconTriangle_Chapter1_230828.pdf

Mary Kay Magistad and Kharis Templeman discuss four potential futures for US-China relations. These scenarios depend on whether the global economy becomes more integrated or bifurcated, and whether the US or China leads in semiconductor technology. They also cover key findings and policy recommendations around supply chain security, US-China competition, and Taiwan’s future.

The Russia-Ukraine war is less about resources and more about empire, history, and two nations’ self-conceptions. Or so contends Norman Naimark, a Hoover Institution senior fellow and Stanford University history professor, who discusses how past and present cruelties involving the two combatants – common heritage, absorption, suppression and genocide, Vladimir Putin’s mindset, and the Ukrainian people’s resilience – factor into the past 19 months of fighting.

The good news: inflation isn’t what it was a year ago. The bad news: Americans still pay more for shelter, food, and energy – and may hold lawmakers accountable for the high costs in the next election. Mickey Levy, a Hoover Institution visiting scholar and senior economist at Berenberg Capital Markets, discusses the root causes of higher inflation, a more recent phase of “disinflation,” the Federal Reserve clinging to the notion of “transitory” higher prices, plus the consequences (and questionable wisdom) of the federal government engaging in economic stimuli.

China’s challenges in developing its semiconductor industry despite massive government subsidies. Tiffert explains that factors like lack of talent, economic inefficiencies, corruption, and reliance on foreign firms have hampered China’s progress, but US export controls could unintentionally help China become self-sufficient over the long term. He explains the Silicon Triangle report’s recommendation of “friend-shoring” semiconductor production to trusted allies rather than trying to onshore it all to the US.

Matt Turpin discusses the intensifying competition between the US and China over dominance in the semiconductor industry. He discusses the strategies and policies the US is employing, such as export controls and domestic investment incentives, to try to maintain leadership in advanced semiconductors while limiting China’s progress.

As Sacramento’s bill-signing season commences, Republican infighting is coming to Southern California, and does “Cincinnatus” need to return to office? Hoover senior fellow Lee Ohanian and distinguished policy fellow Bill Whalen, both contributors to Hoover’s “California on Your Mind” web channel, join Hoover senior product manager Jonathan Movroydis to discuss the latest in the Golden State, including pending “first-in-the-nation” laws, a fast-food backroom deal, Ronald Reagan’s lessons in governing California, what Lee Ohanian’s discovered in five years of analyzing California policy, plus former governor Jerry Brown – aka, Cincinnatus – awaiting “sensible people to rise to the occasion.”