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An aerial view of San Francisco's sunset district, a neighborhood typifying California's inability to build sufficient housing.
White Paper

California’s unaffordability problem

California is less affordable and poorer than it should be given the strength of our economy. In Part 1 of our white paper series on making California more affordable, BESI researcher Sam Trachtman lays out the basics facts, including that California has the nation’s highest poverty rate when accounting for cost of living.

A solar and wind energy farm.
Journal Article

Modelling the impacts of policy sequencing on energy decarbonization

Many countries assume that leading with subsidies (“carrots”) reduces the need for punitive policies (“sticks”) to achieve decarbonization goals. In this paper for Nature, co-authored by BESI Climate lead Jonas Meckling, the authors use an economic model that allows them to compare carrot- and stick-first policy decisions, finding that a carrot-first strategy still requires similar-sized sticks to a stick-first approach to achieve comparable levels of decarbonization.

Heavy industry workers at an organized labor assembly.
Policy Brief

The predistribution solution

Former Roosevelt Institute senior research Sunny Malhotra and BESI Capitalism and Democracy affiliate Steve Vogel and analyze the American political economy past and present through the lens of predistribution.

Heavy industry workers on strike
Journal Article

Toward an interdisciplinary political economy of wages

In a November 2025 article for the journal Politics & Society, UC Berkeley Political Economy director and BESI steering committee member Steve Vogel argues that that economists should bring power into the heart of their analysis of wage formation.

A close-up view of wind turbines in the port of Amsterdam.
Journal Article

The geoeconomic turn in decarbonization

In this article, published in Nature, BESI Climate lead Jonas Meckling gives an account of a major shift in global decarbonization politics — from international cooperation on the costs of climate change mitigation to competition for the benefits of clean technologies.

A photo of Indian coal miners from a diary dating 1906-7.
Journal Article

Capital, earth, and image: Photography in India’s mining landscapes

In a new article for Comparative Studies of South Asia, Africa, and the Middle East, environmental historian Matthew Shutzer traces how images of extractive technologies have shifted from thematizing social questions about labor and industrial capitalism to serving as representations of the ecological crises of the present.

A glass globe In green forest.
Journal Article

Who wants stakeholder capitalism? Public and elite perceptions of the role of business leaders in politics

In a July 2025 article for the journal Perspectives on Politics, political science Ph.D. student and BESI graduate student researcher Sarang Shah and Tufts political science professor Eitan Hersh report on the results of a survey of business leaders and the mass public. They find that while the public cares very little about corporate leader engagement, business leaders would like to see active engagement on issues from their firms, albeit from behind the scenes.