Author: uclafaculty

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LAO Writes Up Yet Another Ebenstein Pension Initiative

Byuclafaculty

Readers of this blog will know that Lanny Ebenstein – who has some affiliation with UC-Santa Barbara’s Econ Dept. – seems to like to file public pension initiatives. It only costs $200 and for that you get the Legislative Analyst’s Office (LAO) to give a summary and analysis as well as a title from the Attorney General. What a bargain! Ebenstein has been leaving UC’s pension system out of his initiatives. His efforts refer to CalPERS and CalSTRS. But the LAO’s write ups do serve a useful purpose in pointing to the legal issues that tinkering with pensions pose. They…

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UCLA Law School’s Gift Horse

Byuclafaculty

Milken’s Gift Stirs Dispute at U.C.L.A. Law School Inside Higher Ed points to the story (excerpted) below in a blog of the NY Times: When the U.C.L.A. School of Law announced a $10 million gift from Lowell Milken to establish a business law institute in his name earlier this month, the university described him as a “pioneer in education reform” and a “leading philanthropist.” Behind the scenes, Mr. Milken’s big donation has set off an internal debate at the school. While many faculty members welcomed the money, one of the University of California, Los Angeles’s top business law professors has…

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Golden Silence?

Byuclafaculty

Our colleagues at CSU and the community colleges feel the need to be outspoken about the impact of state budget cuts and possible upcoming “trigger” cuts to higher ed. Somehow, UC is not being quoted in the various news articles about this recent trend in public complaints. Is UC’s silence golden? Contrary to the headline on yesterday’s post on this blog, maybe more needs to be said. Example 1: Outgoing SF State President Slams Governor: Brown “doesn’t seem to appreciate high-quality education in California” Story at http://www.baycitizen.org/education/story/outgoing-sf-state-president-slams/ Example 2: California is witnessing a slow and steady decline of its prized…

Are We Going Peerless?

Byuclafaculty

Glenn Ellison of MIT surveyed trends in publication of top economics departments and finds evidence of less use of top peer-reviewed journals by faculty in those departments. He examines various possible reasons for this development and concludes that the Internet is providing an alternative method for disseminating research. Extrapolation of this finding might suggest that traditional journals will become obsolete, or at least less important. The article does not explore trends in other fields. But it may be relevant to other disciplines as well. You can find the article at http://onlinelibrary.wiley.com/doi/10.1111/j.1465-7295.2010.00261.x/pdf The link above works for me. However, I may…

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Pension Tax?

Byuclafaculty

An initiative was submitted in July to the Attorney General proposing to tax public pensions above $100,000. It applies only to CalPERS and CalSTRS and not UC. As noted in this blog, anyone can submit and initiative (anyone with $200). But as a practical matter, you need $1-$2 million to pay signature gathering firms if you want to get it on the ballot. And, if the measure is controversial, you may need tens of millions for TV ads, etc., thereafter for a campaign. The submitter of this particular initiative is Lanny Ebenstein whose CV is at http://www.sbcta.org/lannyebenstein.html It seems unlikely…

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UC opts out of controller’s public pay database (and shouldn’t)

Byuclafaculty

Below is a news article and a comment by yours truly that follows the article: UC opts out of controller’s public pay database (excerpt) 8/18/11, San Diego Union-Tribune Hundreds of government agencies across the state, from the Vista Irrigation District to the Governor’s Office, have provided state Controller John Chiang with detailed salary and benefit information on public employees. Not the University of California… The UC system is the only state agency that has not complied. UC officials said they already maintain a listing of employee salaries, with formulas to estimate the cost of other benefits. The complete database of…

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How Transparent Should UC Foundations Be? The Governor Will Give Us His View Soon

Byuclafaculty

Bill on university groups’ public disclosure heads to Jerry Brown CapitolAlert, 8/18/11 Leland Yee is hoping the third time’s a charm. Senate Bill 8, which would expand the authority of the California Public Records Act on the state’s college campuses, is heading to Gov. Jerry Brown for consideration. The San Francisco Democrat’s two previous bills to subject college auxiliary organizations, such as foundations, to the state’s public records act were vetoed by then Gov. Arnold Schwarzenegger. The Senate approved amendments to the current version today, 36-1, sending it to Brown’s desk. …(L)ast year the foundation at California State University, Stanislaus,…