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Richard McGahey on Muck Rack

Richard McGahey

  • Senior Fellow, Schwartz Center for Economic Policy Analysis, The New School for Social Research
The New School
As seen in: Forbes, MSN, Los Angeles Times, Brookings Institution, Miami Herald, Big Think, The Charlotte Observer, The Sacramento Bee, Tacoma News Tribune, The State and
Economics, cities. @ColumbiaUP book Unequal Cities. Now @SCEPA_economics & @RacePowerPolicy, former DOL Asst Sec for Policy & ExecDir, Joint Economic Committee.
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Articles

Commentary: California's billionaire tax is imperfect but a necessary step

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By Richard McGahey
| Miami Herald Verified
In November's election, California voters will decide on a one-time 5% tax on the net worth of the state's roughly 250 billionaires - Proposition 40. The tax could raise an estimated $100 billion with 90% set aside for healthcare and the remainder for food assistance and education. This is exactly the financial help that Los Angeles and the state need, to support hospitals and healthcare (especially Medi-Cal, the state's Medicaid program).
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Weekender: Block party finale, music fest, line dancing

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By Lookout Santa Cruz, Richard McGahey, Max Chun Verified
| Lookout Santa Cruz Verified
Your cheat sheet for eating well and going out in Santa Cruz County. Aug. 27, 2026 Midtown Fridays winds up its 2026 season this week with a celebration finale. Music lovers, prepare to boogie. First up is the final of the season, with Alex Lucero Band leading a finale celebration for the free block party series. The fun starts at 5 p.m. at the Midtown lot on Soquel Avenue.
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Santa Cruz mayoral candidates need a ‘Mamdani moment’ on housing policies

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By Richard McGahey
| Lookout Santa Cruz Verified
Quick Take Santa Cruz calls itself the “leftmost city,” but the mayoral race is exposing a sharp contradiction: progressive politics and resistance to new housing. Economist Richard McGahey argues that candidates Ryan Coonerty and Ami Chen Mills need a “Mamdani moment” on housing – and points to their opposition to a proposed Seabright project as a troubling example.
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