Edward Ring is the director of water and energy policy for the California Policy Center, which he co-founded in 2013 and served as its first president. He is also a senior fellow with the Center for American Greatness, and a regular contributor to the California Globe. His work has appeared in the Los Angeles Times, the Wall Street Journal, the Economist, National Review, City Journal, and other media outlets. Ring’s undergraduate degree is in Political Science from UC Davis, and he has an MBA in Finance from USC. Ring is the author of several books, including “Fixing California – Abundance, Pragmatism, Optimism” (2021), “The Abundance Choice – Our Fight for More Water in California” (2022), and “Solutions – Innovative Public Policy for California” (2024).
The definition of insanity is doing the same thing over and over and expecting different results. – Albert Einstein There is no solid evidence that one of history’s greatest geniuses ever said this, but its applicability to California’s housing crisis is too big to let attribution get in the way. Because California’s politicians are trying to solve...
By Edward Ring
CalPERS still hasn’t issued their actuarial analyses for the period ending 6/30/2018, even though a year ago, the 6/30/2017 analyses were available. Could it be related to the fact that the DJIA index on 10/01/2018 was 26,447 and as of midday 10/01/2019 it sits at 26,599? Did CalPERS have a bad year and what does that mean? What...
By Edward Ring
When President Trump arrived in Los Angeles on Tuesday, he had a few words to say about the city’s homeless problem. “We can’t let Los Angeles, San Francisco and numerous other cities destroy themselves by allowing what’s happening,” the president told reporters. “In many cases came from other countries and they moved to Los Angeles or...
By Edward Ring
Grassroots activists in California point to the initiative process as a potent and underutilized last resort, capable of ushering in sweeping reforms. They’re right, but the initiative process is equally available to California’s progressives, backed by powerful special interests. And while the activist reformers talk, the progressives act. How else does one explain the hundreds...
By Edward Ring
Public sector unions should be illegal. They have very little in common with private sector unions, which, properly regulated, play a vital role in society. The differences between public sector and private sector unions are significant. For example: 1 – Private sector unions cannot be unreasonable in the demands they bring to negotiations with management,...
By Edward Ring
Between 2008 and 2019, China opened up 33 high speed rail routes, connecting 39 major cities along four north-south and four east-west main lines. The 18,000 mile network runs trains at an average speed of around 200 miles per hour. By 2030, the Chinese expect to double the mileage of their high speed rail network by expanding...
By Edward Ring
Want to know another reason California’s teachers unions are desperate to unionize charter schools? They want the leverage to force these schools to participate in CalSTRS, because CalSTRS charges all its participants the same pension contribution rates. This is a truly amazing, grotesquely unfair, astonishing scam. It means that new schools have to pay for...
By Edward Ring
California’s state legislature is on the verge of mandating an “ethnic studies” course in order for a student to graduate from high school. Why not? Today in California, K-12 public school student enrollment is only 23 percent “White not Hispanic.” Based on current immigration and fertility statistics, California’s demographics will eventually become America’s demographics. If America were the melting pot it...
By Edward Ring
For decades, American workers have watched as their ability to enjoy middle class lifestyles erodes away. Conventional explanations abound. American industry in the immediate aftermath of World War II was uniquely unscathed, and with a near monopoly on global manufacturing, it was able to pass much of the ample profits on to workers. It wasn’t...
By Edward Ring
here Pick a city in California. Pick a county in California. Odds are, they could be the topic of this analysis instead of Richmond. But Richmond is the focus of a recent analysis published in Reason entitled “Richmond, California’s Finances Remain Shaky,” and that work provides solid data from which to take a deeper look at what’s truly driving...
By Edward Ring
In 1999, at the height of the stock market runup fueled by the internet bubble, California’s state legislature passed SB 400, which increased pension benefits for officers with the California Highway Patrol. Over the next several years, pension benefits were similarly increased for government employees working in nearly every one of California’s cities, counties, state agencies,...
By Edward Ring
For nearly 35 years, Diablo Canyon Nuclear Power Plant has pumped just over 2.0 gigawatts of electricity onto California’s power grid. Unlike hydroelectric power, which has good years and bad depending on rainfall, or solar and wind power which depends on sunshine and wind, Diablo Canyon’s nuclear reactors generate this electricity 24 hours per day,...
By Edward Ring
The virtue of a defined contribution plan is that once the employer has made their contribution, the employer’s obligation is fulfilled. The employee’s retirement benefit is based on a “defined” contribution – typically some fixed percentage of their base pay – that money is invested, and the retiree lives on the accumulated savings and interest....
By Edward Ring
In his final speech from the White House in January 1961, President Dwight Eisenhower warned the nation that the military had joined with the arms industry and had acquired unwarranted influence over American politics. His term for this alliance was the “military industrial complex.” Since that time, Eisenhower’s term has been co-opted by other critics of special...
By Edward Ring
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