Wayne Winegarden
Business & Economics
Facing $22 Trillion National Debt, New PRI Report Shows How “15 Percent Solution” Can Cut Debt, Grow Economy
On the heels of the news that the national debt has surpassed $22 trillion, the Pacific Research Institute today recommended reforms to bring spending under control, reduce the national debt and maximize economic growth in the latest report in its Beyond the New Normal series. “Just last week, as we learned ...
Business & Economics
Public Pension Funds’ Sole Responsibility Is To Secure The Retirement Of Public Sector Workers
State and local public pension funds are trillions of dollars in debt. Without fully accounting for the risks, state public pension funds have $1.4 trillion in unfunded liabilities (e.g. debt) according to the Pew Center’s latest estimates. Even more troubling, this debt is still growing. The sole priority of a public pension ...
Business & Economics
Fostering Transparency In The Pharmaceutical Market
In response to the problem of rising list prices for drugs, elected officials continue to propose counterproductive reforms. Whether it is importing drugs from Canada or indexing U.S. drug prices to the prices charged in other countries, these policies will make the current bad situation worse because they fail to ...
Business & Economics
Medicare price controls would harm patients and workers
Health and Human Services Secretary Alex Azar just released a sweeping proposal that would drastically change how Medicare pays for advanced cancer therapies and other potent medicines. The plan relies on foreign price controls to reduce drug spending by $17 billion over five years. Although drug spending may decline, the ...
Blog
Medical Economic Studies Should Come with a Warning Label
The old joke about the drunk and the policeman is apropos for far too many pharmaceutical studies. Typically, the joke goes something like the following: A policeman sees a drunk man searching for something under a streetlight and asks what the drunk has lost. He says he lost his keys ...
California
Governor Newsom’s troubling first act on medications
In one of his first acts, Governor Newsom signed an executive order that will change how medicines are purchased in California. With visions of big-box store discounts dancing in his head, Governor Newsom has established a bulk program that will now purchase drugs for the state’s Medicaid program (Medi-Cal). The ...
Blog
Democratic Socialists Are Painting the Roses Red
We’re painting the roses red, Painting the roses red, And many a tear we shed, Because we know, They’ll cease to grow, In fact, they’ll soon be dead. And yet we go ahead, Painting the roses red Just like the characters in Alice in Wonderland, Representative Ocasio-Cortez apparently knows that ...
Business & Economics
Drug Prices That Matter
Too often, drug pricing analyses do not shed light on how much drug expenditures are actually increasing because these studies examine the wrong price. The latest iteration is an analysis by Rx Savings Solutions. According to the Wall Street Journal, Rx Savings Solutions documented that dozens of drug makers raised the ...
California
California’s energy mandates amount to state-legislated energy poverty
Every Californian wants to conserve energy and see cleaner air and water in the Golden State. But in their quest to safeguard the state’s environment for future generations, Sacramento policymakers have put in place an overzealous regulatory scheme that negatively impacts poor and minority communities. The new Pacific Research Institute ...
Commentary
A Cost-Saving Medical Revolution If We Can Finance It
Despite the constant barrage of negative news, this is an exciting time for patients. Truly innovative medicines and gene therapies are under development. New gene therapies are particularly exciting because these therapies do not just treat diseases – they often cure them by fixing underlying genetic defects, frequently with only ...
Facing $22 Trillion National Debt, New PRI Report Shows How “15 Percent Solution” Can Cut Debt, Grow Economy
On the heels of the news that the national debt has surpassed $22 trillion, the Pacific Research Institute today recommended reforms to bring spending under control, reduce the national debt and maximize economic growth in the latest report in its Beyond the New Normal series. “Just last week, as we learned ...
Public Pension Funds’ Sole Responsibility Is To Secure The Retirement Of Public Sector Workers
State and local public pension funds are trillions of dollars in debt. Without fully accounting for the risks, state public pension funds have $1.4 trillion in unfunded liabilities (e.g. debt) according to the Pew Center’s latest estimates. Even more troubling, this debt is still growing. The sole priority of a public pension ...
Fostering Transparency In The Pharmaceutical Market
In response to the problem of rising list prices for drugs, elected officials continue to propose counterproductive reforms. Whether it is importing drugs from Canada or indexing U.S. drug prices to the prices charged in other countries, these policies will make the current bad situation worse because they fail to ...
Medicare price controls would harm patients and workers
Health and Human Services Secretary Alex Azar just released a sweeping proposal that would drastically change how Medicare pays for advanced cancer therapies and other potent medicines. The plan relies on foreign price controls to reduce drug spending by $17 billion over five years. Although drug spending may decline, the ...
Medical Economic Studies Should Come with a Warning Label
The old joke about the drunk and the policeman is apropos for far too many pharmaceutical studies. Typically, the joke goes something like the following: A policeman sees a drunk man searching for something under a streetlight and asks what the drunk has lost. He says he lost his keys ...
Governor Newsom’s troubling first act on medications
In one of his first acts, Governor Newsom signed an executive order that will change how medicines are purchased in California. With visions of big-box store discounts dancing in his head, Governor Newsom has established a bulk program that will now purchase drugs for the state’s Medicaid program (Medi-Cal). The ...
Democratic Socialists Are Painting the Roses Red
We’re painting the roses red, Painting the roses red, And many a tear we shed, Because we know, They’ll cease to grow, In fact, they’ll soon be dead. And yet we go ahead, Painting the roses red Just like the characters in Alice in Wonderland, Representative Ocasio-Cortez apparently knows that ...
Drug Prices That Matter
Too often, drug pricing analyses do not shed light on how much drug expenditures are actually increasing because these studies examine the wrong price. The latest iteration is an analysis by Rx Savings Solutions. According to the Wall Street Journal, Rx Savings Solutions documented that dozens of drug makers raised the ...
California’s energy mandates amount to state-legislated energy poverty
Every Californian wants to conserve energy and see cleaner air and water in the Golden State. But in their quest to safeguard the state’s environment for future generations, Sacramento policymakers have put in place an overzealous regulatory scheme that negatively impacts poor and minority communities. The new Pacific Research Institute ...
A Cost-Saving Medical Revolution If We Can Finance It
Despite the constant barrage of negative news, this is an exciting time for patients. Truly innovative medicines and gene therapies are under development. New gene therapies are particularly exciting because these therapies do not just treat diseases – they often cure them by fixing underlying genetic defects, frequently with only ...
