Economy

Blog

The Chinese Version of a Coronavirus Economic Stimulus Plan

The United States and China are engaged in a no-holds barred attempt to salvage their economies during the coronavirus pandemic. We’re all familiar with the actions taken in the recent weeks by the United States. The Federal Reserve and U.S. Treasury have led the largest economic response in American history ...
Blog

Amidst Coronavirus-Fueled Economic Downturn, State Leaders Must Suspend Government Barriers to Opportunity

In his “Breaking Down Barriers to Opportunity” series, PRI’s Dr. Wayne Winegarden has argued that one of the most important ways that elected officials can help to lift people up the economy ladder is by embracing policies that encourage entrepreneurship. As many Californians struggle to stay afloat financially during the ...
Blog

“90% Great”

That’s what Pres. Trump said in a tweet on the record-shattering $2 trillion phase 3 stimulus package. Right by the Bay doesn’t question the need for government to step up to help the economy get through the coronavirus pandemic.  But even during this crisis, the swamp continues to gurgle over.  ...
Blog

The Coronavirus Aftermath: Debt and Deficits as Far as the Eye Can See

All the Woulda-Coulda-Shouldas Layin’ in the sun, Talkin’ ’bout the things They woulda coulda shoulda done… –Shel Silverstein As of this writing, the Trump Administration has pledged to spend more than a trillion dollars to save the lives and livelihoods of Americans as a result of the coronavirus outbreak. We’re ...
Blog

What Governments Are Doing to Try and Salvage the Economy

Until recently, terms like social distancing and even the coronavirus were nonexistent. Now these terms could come to define the beginning of a pending global recession the likes of which have yet to test modern economic markets. As parts of California shelter in place and millions engage in the largest ...
Blog

California Assembly Bill 5: An Update

Nearly three dozen bills intended to revise or repeal Assembly Bill 5, which restricts workers’ freedom and could potentially kill the burgeoning gig economy, have been introduced in Sacramento. Here is some of the latest, and most important, news about efforts to smooth over the malign effects of the law: ...
Blog

Worker Freedom No More

Love it or hate it, for a variety of reasons when California enacts public policy the impact is felt across the country. And so, it has been again with the January 1st implementation of California’s Assembly Bill 5 (AB5), the so called “gig employment” law that changes the worker status ...
Blog

Beyond the New Normal? Not.

Back in 2017, concerned over the sclerotic growth of the U.S. economy, PRI published a series of studies titled Beyond the New Normal by economist and PRI senior fellow Wayne Winegarden. Up until that point, annual real GDP growth averaged just 1.9 percent since 2001. Many economists, resigned to our ...
Business & Economics

Regulation stands in the way of entrepreneurship for low-income families

https://www.pacificresearch.org/wp-content/uploads/2020/01/Wayne-Winegarden-News.mp3   In October 2019, the Pacific Research Institute released findings of a new report, titled Breaking Down Barriers to Opportunity #2 Entrepreneurship as a Pathway to the American Dream. The report, authored by Wayne Winegarden, contends that “overly complex government regulations are a common cause behind the barriers to low-income entrepreneurship.” ...
Agriculture

Enacting UBI Would Bust Federal Budget, Rob Americans of More Prosperous Future

I have written before on the benefits and drawbacks of the various universal basic income (UBI) proposals bubbling up the last few years in the American political scene, specifically the economic, political, and moral dimensions of these policies.  All share the same essential structure: cash payments sent to all American ...
Blog

The Chinese Version of a Coronavirus Economic Stimulus Plan

The United States and China are engaged in a no-holds barred attempt to salvage their economies during the coronavirus pandemic. We’re all familiar with the actions taken in the recent weeks by the United States. The Federal Reserve and U.S. Treasury have led the largest economic response in American history ...
Blog

Amidst Coronavirus-Fueled Economic Downturn, State Leaders Must Suspend Government Barriers to Opportunity

In his “Breaking Down Barriers to Opportunity” series, PRI’s Dr. Wayne Winegarden has argued that one of the most important ways that elected officials can help to lift people up the economy ladder is by embracing policies that encourage entrepreneurship. As many Californians struggle to stay afloat financially during the ...
Blog

“90% Great”

That’s what Pres. Trump said in a tweet on the record-shattering $2 trillion phase 3 stimulus package. Right by the Bay doesn’t question the need for government to step up to help the economy get through the coronavirus pandemic.  But even during this crisis, the swamp continues to gurgle over.  ...
Blog

The Coronavirus Aftermath: Debt and Deficits as Far as the Eye Can See

All the Woulda-Coulda-Shouldas Layin’ in the sun, Talkin’ ’bout the things They woulda coulda shoulda done… –Shel Silverstein As of this writing, the Trump Administration has pledged to spend more than a trillion dollars to save the lives and livelihoods of Americans as a result of the coronavirus outbreak. We’re ...
Blog

What Governments Are Doing to Try and Salvage the Economy

Until recently, terms like social distancing and even the coronavirus were nonexistent. Now these terms could come to define the beginning of a pending global recession the likes of which have yet to test modern economic markets. As parts of California shelter in place and millions engage in the largest ...
Blog

California Assembly Bill 5: An Update

Nearly three dozen bills intended to revise or repeal Assembly Bill 5, which restricts workers’ freedom and could potentially kill the burgeoning gig economy, have been introduced in Sacramento. Here is some of the latest, and most important, news about efforts to smooth over the malign effects of the law: ...
Blog

Worker Freedom No More

Love it or hate it, for a variety of reasons when California enacts public policy the impact is felt across the country. And so, it has been again with the January 1st implementation of California’s Assembly Bill 5 (AB5), the so called “gig employment” law that changes the worker status ...
Blog

Beyond the New Normal? Not.

Back in 2017, concerned over the sclerotic growth of the U.S. economy, PRI published a series of studies titled Beyond the New Normal by economist and PRI senior fellow Wayne Winegarden. Up until that point, annual real GDP growth averaged just 1.9 percent since 2001. Many economists, resigned to our ...
Business & Economics

Regulation stands in the way of entrepreneurship for low-income families

https://www.pacificresearch.org/wp-content/uploads/2020/01/Wayne-Winegarden-News.mp3   In October 2019, the Pacific Research Institute released findings of a new report, titled Breaking Down Barriers to Opportunity #2 Entrepreneurship as a Pathway to the American Dream. The report, authored by Wayne Winegarden, contends that “overly complex government regulations are a common cause behind the barriers to low-income entrepreneurship.” ...
Agriculture

Enacting UBI Would Bust Federal Budget, Rob Americans of More Prosperous Future

I have written before on the benefits and drawbacks of the various universal basic income (UBI) proposals bubbling up the last few years in the American political scene, specifically the economic, political, and moral dimensions of these policies.  All share the same essential structure: cash payments sent to all American ...
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