Thornberg, a former senior economist with UCLA’s Anderson Forecast who founded Beacon Economics in 2006 and is listed as director of the UCR center, pushed back. California voters will be asked in November 2024 whether to implement the plan. ![]() Gavin Newsom signed a bill to create a board of employees, advocates, franchise owners and public officials with power to set wages and workplace rules for the fast-food industry. The criticism comes about half a year after Gov. We believe, however, that Beacon’s UC-branded, corporate-funded reports often fail to meet the high standards we strive to meet in our research, thus endangering the credibility of our work and harming the University of California’s good name.” “We unequivocally support academic freedom and freedom of speech, and we note that Beacon Economics produces quality macroeconomic forecasts. “Without funding transparency or real faculty oversight to enforce academic rigor, this arrangement has allowed corporations and industry groups to underwrite Beacon reports attacking proposals to improve the lives of working Californians,” the letter states. ![]() ![]() More than 100 faculty members and graduate students across the UC system signed a letter urging university officials to investigate “the use of the UC name and trademarks on research reports” by the Beacon Economics firm.īeacon Economics has run UCR’s Center for Economic Forecasting and Development since 2015. UC Riverside’s relationship with a Los Angeles consulting firm that publishes economic reports and brands them as products of a UCR School of Business research center is under fire.
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