Wayne Winegarden
Business & Economics
Government-Mandated Hero Pay Fails To Achieve Its Lofty Goals
Offering a temporary pay increase to grocery workers, often referred to as “hero pay”, makes a lot of sense when grocers voluntarily provide this additional compensation to their employees. Grocery workers are taking on additional health risks, suffering additional stresses, and must work in more difficult environments, which all warrant ...
Blog
Support, Not Stimulus or Political Favoritism
Governor Newsom has announced his stimulus plans for the state economy, the “Equitable Recovery for California’s Business and Jobs” plan. While increased support to those who are harmed is necessary, neither California nor the U.S. require an economic stimulus, as traditionally defined. To see why, consider the state and national ...
Business & Economics
The OCC Is Right, Politics Should Not Determine Credit Access
The Office of the Comptroller of the Currency (OCC) is considering a rule (i.e., Fair Access to Bank Services, Capital, and Credit), which would ensure that banks provide equal access to financial services, without discrimination. Such clarification is sorely needed. It should go without saying, that banks should not discriminate ...
Business & Economics
PRI’s Wayne Winegarden Submits Comments on Proposed Rule on Fair Access to Bank Services
Dr. Wayne Winegarden, PRI senior fellow in business and economics, today submitted comments to the Office of the Comptroller of the Currency responding to their proposed rule on “Fair Access to Bank Services, Capital and Credit.” In the letter, Winegarden writes, “it should go without saying that banks should not ...
Blog
Biden’s New EPA Chief Should Heed the Lessons from His Home State
President-elect Joe Biden has nominated Michael Regan to lead the EPA. Regan worked at the Environmental Protection Agency (EPA) for years, and has been North Carolina’s environmental chief since 2018. As North Carolina’s top environmentalist, Regan has opposed constructing natural gas infrastructure, claiming North Carolina’s clean energy future is not ...
Commentary
Reforming Rebate Contracting will Improve Drug Affordability
By Wayne Winegarden and Robert Popovian The Department of Health and Human Services (HHS) finalized a regulation on November 20, 2020 that removed the safe harbor protections for rebates on prescription drugs paid to pharmacy benefit managers (PBMs) and Part D plans. This analysis evaluates the expected impact from this ...
Drug Pricing
NEW BRIEF: Tearing Down Drug ‘Rebate Walls’ Would Save Patients, Improve Health Care Outcomes
Tearing down drug “rebate walls” that increase patient costs and block access to cheaper and often more effective medications would increase competition, lower out-of-pocket costs, and improve health outcomes, finds a new brief released today by the Center for Medical Economics and Innovation at the nonpartisan Pacific Research Institute. Click ...
Business & Economics
If ESG Enhances Profits, Then Why All The Fuss?
The Department of Labor finalized a rule last month that, as the Wall Street Journal editorial page noted, should not be controversial. The rule states that private pensions cannot let ancillary issues distract them from their primary mission of securing their beneficiaries’ retirement. Failure to achieve this mission jeopardizes the financial ...
Blackouts
Powering California With Wind – A utility’s perspective
Milton Friedman famously declared that “one of the great mistakes is to judge policies and programs by their intentions rather than their results.” While California desperately needs to apply this wisdom across the policy spectrum, arguably, the gap between policy leaders’ intentions and the empirical results are the widest when ...
Environment
PRI Comments on Pending Department of Labor Regulations on Proxy Measures, ESG
PRI Senior Fellow in Business and Economics Dr. Wayne Winegarden has submitted comments to the Department of Labor commenting on proposed amendments to federal regulations that would confirm the fiduciary responsibility of plan sponsors regarding “proxy voting and other exercises of shareholder rights.” Click here to read the letter In ...
Government-Mandated Hero Pay Fails To Achieve Its Lofty Goals
Offering a temporary pay increase to grocery workers, often referred to as “hero pay”, makes a lot of sense when grocers voluntarily provide this additional compensation to their employees. Grocery workers are taking on additional health risks, suffering additional stresses, and must work in more difficult environments, which all warrant ...
Support, Not Stimulus or Political Favoritism
Governor Newsom has announced his stimulus plans for the state economy, the “Equitable Recovery for California’s Business and Jobs” plan. While increased support to those who are harmed is necessary, neither California nor the U.S. require an economic stimulus, as traditionally defined. To see why, consider the state and national ...
The OCC Is Right, Politics Should Not Determine Credit Access
The Office of the Comptroller of the Currency (OCC) is considering a rule (i.e., Fair Access to Bank Services, Capital, and Credit), which would ensure that banks provide equal access to financial services, without discrimination. Such clarification is sorely needed. It should go without saying, that banks should not discriminate ...
PRI’s Wayne Winegarden Submits Comments on Proposed Rule on Fair Access to Bank Services
Dr. Wayne Winegarden, PRI senior fellow in business and economics, today submitted comments to the Office of the Comptroller of the Currency responding to their proposed rule on “Fair Access to Bank Services, Capital and Credit.” In the letter, Winegarden writes, “it should go without saying that banks should not ...
Biden’s New EPA Chief Should Heed the Lessons from His Home State
President-elect Joe Biden has nominated Michael Regan to lead the EPA. Regan worked at the Environmental Protection Agency (EPA) for years, and has been North Carolina’s environmental chief since 2018. As North Carolina’s top environmentalist, Regan has opposed constructing natural gas infrastructure, claiming North Carolina’s clean energy future is not ...
Reforming Rebate Contracting will Improve Drug Affordability
By Wayne Winegarden and Robert Popovian The Department of Health and Human Services (HHS) finalized a regulation on November 20, 2020 that removed the safe harbor protections for rebates on prescription drugs paid to pharmacy benefit managers (PBMs) and Part D plans. This analysis evaluates the expected impact from this ...
NEW BRIEF: Tearing Down Drug ‘Rebate Walls’ Would Save Patients, Improve Health Care Outcomes
Tearing down drug “rebate walls” that increase patient costs and block access to cheaper and often more effective medications would increase competition, lower out-of-pocket costs, and improve health outcomes, finds a new brief released today by the Center for Medical Economics and Innovation at the nonpartisan Pacific Research Institute. Click ...
If ESG Enhances Profits, Then Why All The Fuss?
The Department of Labor finalized a rule last month that, as the Wall Street Journal editorial page noted, should not be controversial. The rule states that private pensions cannot let ancillary issues distract them from their primary mission of securing their beneficiaries’ retirement. Failure to achieve this mission jeopardizes the financial ...
Powering California With Wind – A utility’s perspective
Milton Friedman famously declared that “one of the great mistakes is to judge policies and programs by their intentions rather than their results.” While California desperately needs to apply this wisdom across the policy spectrum, arguably, the gap between policy leaders’ intentions and the empirical results are the widest when ...
PRI Comments on Pending Department of Labor Regulations on Proxy Measures, ESG
PRI Senior Fellow in Business and Economics Dr. Wayne Winegarden has submitted comments to the Department of Labor commenting on proposed amendments to federal regulations that would confirm the fiduciary responsibility of plan sponsors regarding “proxy voting and other exercises of shareholder rights.” Click here to read the letter In ...
