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 ...
Wayne Winegarden
April 12, 2024
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 ...
Wayne Winegarden
April 3, 2024
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. ...
Wayne Winegarden
April 2, 2024
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 ...
Wayne Winegarden
March 8, 2024
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. ...
Wayne Winegarden
March 1, 2024
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 ...
Wayne Winegarden
March 1, 2024
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 ...
Wayne Winegarden
February 29, 2024
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 ...
Wayne Winegarden
January 30, 2024
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 ...
Wayne Winegarden
January 29, 2024
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 ...
Wayne Winegarden
January 22, 2024
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 ...
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 ...
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. ...
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 ...
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. ...
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 ...
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 ...
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 ...
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 ...
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 ...