Wayne Winegarden
Business & Economics
California Pension Crisis
The Pacific Research Institute released a new study on California’s pension crisis. “California’s Pension Crowd-Out,” authored by PRI senior fellow Wayne Winegarden, Ph.D., is part of PRI’s California Prosperity Agenda, a 12-point plan to address California’s most pressing problems. “Pension Crowd-Out” reveals the flaws with the state’s current public pension ...
Business & Economics
Rationale for biofuel doesn’t add up
The Environmental Protection Agency recently issued new rules dictating that 18 billion gallons of biofuels must be blended into America’s 2016 transportation fuel supply. This mandate, referred to as the Renewable Fuel Standard (RFS), has been a disaster for the country. The only sensible minimum renewable fuel mandate is zero. ...
Commentary
The Health Care Sector Needs Innovation, Not Regulation
While problems with the U.S. health care system persist, the recent failures of the Affordable Care Act (ACA) illustrate that greater government regulation cannot cure what ails the U.S. health care industry. Deregulation that empowers private sector health care innovation can. In fact, private sector innovations, such as Dental Service ...
Commentary
Pharmaceutical Price Controls Risk Future Cures
Recent reports of significant price increases for certain medications have ignited, yet again, calls for pharmaceutical price controls. If implemented, price controls will reduce medical discovery and diminish patients’ access to life saving medicines. Pharmaceutical innovations help patients and strengthen the U.S. economy Pharmaceutical innovations are improving the quality of ...
Business & Economics
California’s Regulations are Harming Small Businesses
The regulatory burden in California continues to grow. Minimum wage increases—which simultaneously raise costs on businesses and harms many low-wage workers and consumers—have passed in Los Angeles and San Francisco. California is also pursuing regulations that would reduce the viability of Uber and Lyft, the popular ride-for-hire services revolutionizing how ...
Commentary
Don’t let artificial caps stifle drug production
This is shaping up to be another banner year for medical progress. Regulators have already approved 28 new medicines, roughly on last year’s pace of 41 new drug approvals – the most since the Clinton administration. But in future years, the list of medical breakthroughs could prove much shorter. In ...
Business & Economics
Indiana’s Business Climate Wins More Awards
Forbes Magazine ranked Indiana eighth in its annual Best States for Business list, and ranked the state’s regulatory environment as second best in the country. The Pacific Research Institute also placed Indiana No. 1 in the nation for its small-business regulatory climate. “Today, more Hoosiers are going to work than ...
Business & Economics
The Problem With Private Lawyers Courting Attorney Generals
Addressing the problem of abusive lawsuits remains a necessary, yet unrealized, state and federal reform. Perhaps nowhere are the costs from abusive lawsuits more evident than in the health care industry. The risk of frivolous medical malpractice litigation raises insurance costs and incentivizes doctors to practice defensive medicine. According to ...
Business & Economics
Texas a great place for small business
We’re doing a lot of things right. A new study by the Pacific Research Institute ranks Texas No. 3 in the nation for small business. Low taxes and limited regulations make Texas a great place for small businesses to start and to grow. “Small businesses’ share of the private non-farm ...
Business & Economics
Oct. 4 Pro-Con: Are tax cuts best for America?
PRO: The U.S. economy has been plagued with unacceptably slow growth since the 2007-09 recession — so slow that six years into our supposed recovery, policymakers still talk about the need for economic stimulus. It should not be this way. Spurring economic growth requires broad-based reforms that must include effective ...
California Pension Crisis
The Pacific Research Institute released a new study on California’s pension crisis. “California’s Pension Crowd-Out,” authored by PRI senior fellow Wayne Winegarden, Ph.D., is part of PRI’s California Prosperity Agenda, a 12-point plan to address California’s most pressing problems. “Pension Crowd-Out” reveals the flaws with the state’s current public pension ...
Rationale for biofuel doesn’t add up
The Environmental Protection Agency recently issued new rules dictating that 18 billion gallons of biofuels must be blended into America’s 2016 transportation fuel supply. This mandate, referred to as the Renewable Fuel Standard (RFS), has been a disaster for the country. The only sensible minimum renewable fuel mandate is zero. ...
The Health Care Sector Needs Innovation, Not Regulation
While problems with the U.S. health care system persist, the recent failures of the Affordable Care Act (ACA) illustrate that greater government regulation cannot cure what ails the U.S. health care industry. Deregulation that empowers private sector health care innovation can. In fact, private sector innovations, such as Dental Service ...
Pharmaceutical Price Controls Risk Future Cures
Recent reports of significant price increases for certain medications have ignited, yet again, calls for pharmaceutical price controls. If implemented, price controls will reduce medical discovery and diminish patients’ access to life saving medicines. Pharmaceutical innovations help patients and strengthen the U.S. economy Pharmaceutical innovations are improving the quality of ...
California’s Regulations are Harming Small Businesses
The regulatory burden in California continues to grow. Minimum wage increases—which simultaneously raise costs on businesses and harms many low-wage workers and consumers—have passed in Los Angeles and San Francisco. California is also pursuing regulations that would reduce the viability of Uber and Lyft, the popular ride-for-hire services revolutionizing how ...
Don’t let artificial caps stifle drug production
This is shaping up to be another banner year for medical progress. Regulators have already approved 28 new medicines, roughly on last year’s pace of 41 new drug approvals – the most since the Clinton administration. But in future years, the list of medical breakthroughs could prove much shorter. In ...
Indiana’s Business Climate Wins More Awards
Forbes Magazine ranked Indiana eighth in its annual Best States for Business list, and ranked the state’s regulatory environment as second best in the country. The Pacific Research Institute also placed Indiana No. 1 in the nation for its small-business regulatory climate. “Today, more Hoosiers are going to work than ...
The Problem With Private Lawyers Courting Attorney Generals
Addressing the problem of abusive lawsuits remains a necessary, yet unrealized, state and federal reform. Perhaps nowhere are the costs from abusive lawsuits more evident than in the health care industry. The risk of frivolous medical malpractice litigation raises insurance costs and incentivizes doctors to practice defensive medicine. According to ...
Texas a great place for small business
We’re doing a lot of things right. A new study by the Pacific Research Institute ranks Texas No. 3 in the nation for small business. Low taxes and limited regulations make Texas a great place for small businesses to start and to grow. “Small businesses’ share of the private non-farm ...
Oct. 4 Pro-Con: Are tax cuts best for America?
PRO: The U.S. economy has been plagued with unacceptably slow growth since the 2007-09 recession — so slow that six years into our supposed recovery, policymakers still talk about the need for economic stimulus. It should not be this way. Spurring economic growth requires broad-based reforms that must include effective ...
