Wayne Winegarden

Commentary

Read the latest on drug pricing

Cost-Based Pricing For Innovative Medicines Is Unviable And Harmful

Barber et al. just published a fundamentally flawed study on diabetes medicines in JAMA Network Open (JNO). This study wrongly suggests that cost-based pricing accurately values innovative on-patent medicines, distracts from serious policymaking, and fuels political grandstanding by politicians such as Senator Bernie Sanders. Cost-based pricing could be an economically viable pricing ...
Commentary

Read about latest government green mandates

The Californization Of Colorado

Should Colorado take the plunge and embrace burdensome green mandates, state residents will soon discover just how damaging the California approach is. Like California, economic growth in Colorado will slow and families – particularly low-income families – will struggle with energy unaffordability. Making these costs even harder to justify, the ...
Blog

Learn about the Biden budget plan

President Biden’s Fiscal Illusions

The President imagines that the federal budget is driving toward a fiscal cliff because tax revenues are too low, and the rich are not paying their fair share. Such accusations may make good political talking points, but they are demonstrably false. Let’s start with his vacuous accusation of tax fairness. ...
Blog

Spending Watch

Single Payer Will Worsen California’s Healthcare System and Reduce Economic Growth

Single Payer Will Worsen California’s Healthcare System and Reduce Economic Growth Wayne Winegarden March 2024 With the introduction of AB 2200, advocates are, once again, proposing that California adopt a single payer healthcare system. Ostensibly, their proposed CalCare system would streamline payments, lower per-capita spending, guarantee “quality health care and ...
Business & Economics

Read the latest on California's reparations proposal

Here’s what California’s radical reparations plan will cost taxpayers

Much of the discussion surrounding the push for reparations in California, New York and cities like San Francisco center on the historical justifications for mass payouts. Yet, as the ancient Greek philosopher and mathematician Pythagoras said, “Numbers rule the universe.” Reparations proponents in California are quick to dismiss criticisms over cost. ...
Blog

Spending Watch

Too Much Government Spending and Volatile Tax Revenues Drive State’s Budget Problem

Too Much Government Spending and Volatile Tax Revenues Drive State’s Budget Problem Wayne Winegarden March 2024 This analysis is the first publication of Spending Watch, a new initiative from the Pacific Research Institute. Spending Watch is a resource that evaluates the revenue, spending, and economic impacts of major budget and ...
Business & Economics

Read on the Department of Financial Protection and Innovation's latest regulation proposal

Misguided California Regulation Would Hinder Useful Financial Tool

To a hammer, everything is a nail, and so it is with California’s Department of Financial Protection and Innovation (DFPI). Don’t let the “innovation” in the agency’s name fool you – far too many of its regulations deter rather than promote innovative solutions as evidenced by the agency’s recent stance ...
Commentary

Calling Out The ESG Bait And Switch

The bait and switch that Environmental, Social, and Governance (ESG) activists have been peddling for too long is coming into focus. Activist investors claim they submit ESG proposals at annual meetings to improve corporate profitability. All too often, these proposals are attempts to hijack the corporate governance process to implement ...
Business & Economics

Nippon Steel’s Purchase Of U.S. Steel Will Improve The Economy

There has been a rare showing of bipartisanship over the past month; unfortunately, the consensus is founded on economic myths that, if acted upon, would cost jobs, increase inflationary pressures, and weaken economic growth. At issue is Nippon Steel’s offer to purchase U.S. Steel for $14.9 billion – a surprisingly ...
Commentary

Read how our broken immigration system is affecting healthcare

Limited Visas Hinder Hospitals Ability To Curb Nursing Shortfall

Covid-19 burnout and understaffed hospital wards have taken their toll on the nursing profession. An April 2023 study found that overworked nursing professionals and understaffing have driven “an overall 3.3% decline in the U.S. nursing workforce during the past 2 years.” While some argue that the term shortage is not appropriate because the number ...
Commentary

Read the latest on drug pricing

Cost-Based Pricing For Innovative Medicines Is Unviable And Harmful

Barber et al. just published a fundamentally flawed study on diabetes medicines in JAMA Network Open (JNO). This study wrongly suggests that cost-based pricing accurately values innovative on-patent medicines, distracts from serious policymaking, and fuels political grandstanding by politicians such as Senator Bernie Sanders. Cost-based pricing could be an economically viable pricing ...
Commentary

Read about latest government green mandates

The Californization Of Colorado

Should Colorado take the plunge and embrace burdensome green mandates, state residents will soon discover just how damaging the California approach is. Like California, economic growth in Colorado will slow and families – particularly low-income families – will struggle with energy unaffordability. Making these costs even harder to justify, the ...
Blog

Learn about the Biden budget plan

President Biden’s Fiscal Illusions

The President imagines that the federal budget is driving toward a fiscal cliff because tax revenues are too low, and the rich are not paying their fair share. Such accusations may make good political talking points, but they are demonstrably false. Let’s start with his vacuous accusation of tax fairness. ...
Blog

Spending Watch

Single Payer Will Worsen California’s Healthcare System and Reduce Economic Growth

Single Payer Will Worsen California’s Healthcare System and Reduce Economic Growth Wayne Winegarden March 2024 With the introduction of AB 2200, advocates are, once again, proposing that California adopt a single payer healthcare system. Ostensibly, their proposed CalCare system would streamline payments, lower per-capita spending, guarantee “quality health care and ...
Business & Economics

Read the latest on California's reparations proposal

Here’s what California’s radical reparations plan will cost taxpayers

Much of the discussion surrounding the push for reparations in California, New York and cities like San Francisco center on the historical justifications for mass payouts. Yet, as the ancient Greek philosopher and mathematician Pythagoras said, “Numbers rule the universe.” Reparations proponents in California are quick to dismiss criticisms over cost. ...
Blog

Spending Watch

Too Much Government Spending and Volatile Tax Revenues Drive State’s Budget Problem

Too Much Government Spending and Volatile Tax Revenues Drive State’s Budget Problem Wayne Winegarden March 2024 This analysis is the first publication of Spending Watch, a new initiative from the Pacific Research Institute. Spending Watch is a resource that evaluates the revenue, spending, and economic impacts of major budget and ...
Business & Economics

Read on the Department of Financial Protection and Innovation's latest regulation proposal

Misguided California Regulation Would Hinder Useful Financial Tool

To a hammer, everything is a nail, and so it is with California’s Department of Financial Protection and Innovation (DFPI). Don’t let the “innovation” in the agency’s name fool you – far too many of its regulations deter rather than promote innovative solutions as evidenced by the agency’s recent stance ...
Commentary

Calling Out The ESG Bait And Switch

The bait and switch that Environmental, Social, and Governance (ESG) activists have been peddling for too long is coming into focus. Activist investors claim they submit ESG proposals at annual meetings to improve corporate profitability. All too often, these proposals are attempts to hijack the corporate governance process to implement ...
Business & Economics

Nippon Steel’s Purchase Of U.S. Steel Will Improve The Economy

There has been a rare showing of bipartisanship over the past month; unfortunately, the consensus is founded on economic myths that, if acted upon, would cost jobs, increase inflationary pressures, and weaken economic growth. At issue is Nippon Steel’s offer to purchase U.S. Steel for $14.9 billion – a surprisingly ...
Commentary

Read how our broken immigration system is affecting healthcare

Limited Visas Hinder Hospitals Ability To Curb Nursing Shortfall

Covid-19 burnout and understaffed hospital wards have taken their toll on the nursing profession. An April 2023 study found that overworked nursing professionals and understaffing have driven “an overall 3.3% decline in the U.S. nursing workforce during the past 2 years.” While some argue that the term shortage is not appropriate because the number ...
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