Economy

Business & Economics

Wayne Winegarden Discusses 15% Solution on Lars Larson Show

Listen to Dr. Wayne Winegarden, PRI Senior Fellow in Business and Economics as he joins Lars Larson to discuss his latest report detailing how we reach the “15 Percent Solution”, or the optimal level of federal spending to maximize economic growth and cut the national debt. The interview begins at ...
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

The Economy Has Changed for American Workers – And There’s No Going Back

It used to be that political parties would argue over which policy was more effective at helping the largest number of people achieve the American dream. Now, a growing chorus on the left have begun to argue that the American dream itself is a lie, and that our only option ...
Business & Economics

How Free Markets Can Address Income Inequality

We support free markets not because some 18th- or 19th-century European philosopher said they’re great. Rather, we support a free market system because experience has shown it delivers more opportunity and prosperity to Americans than any other economic system. That’s not to say that we are blind to the current ...
Business & Economics

Let’s Hope a Trade Agreement with Xi Jinping Is In The Works

Americans of all stripes should be able to unite in support of trade. It’s fundamental to a diverse and healthy economy. Robust U.S. trade relationships around the world are also critical to the national economy. That’s especially true in California. The state leads the country in exports, totaling $171.9 billion ...
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 ...
Business & Economics

Protecting The Medicines Of Tomorrow

Government solutions often come with a price. For the America Invents Act (AIA), this price was an unintended impediment to medical innovation. Proposed legislation known as the Hatch-Waxman Integrity Act can reduce these costs, if Congress takes advantage of the opportunity. The problem of patent trolls plaguing Silicon Valley was ...
Business & Economics

Redefining Presidential Failure As Success

While success still has many fathers, failure is no longer an orphan. President Obama’s recent speeches and rallies demonstrate that, now, failure is simply redefined as success. The costs from this revisionism is high. Creating false narratives encourage policies that will harm economic prosperity and impose large economic hardships on ...
Blog

More Election Woes: Tax Hikes to Save Pensions

In some excellent reporting by Chris Reed of CalWatchdog, Reed found that more than 100 local governments in California asked voters for tax hikes on Election Day, double the 56 the Bond Buyer said it recorded in November 2016. These 100+ measures were on top of the 36 city and ...
Business & Economics

Repeal the Medical Device Tax

Rarely is there bipartisan agreement that a tax cut won’t cost the federal government money. But, in the case of the medical device tax (a 2.3 percent tax on medical devices and products that was passed as part of the Affordable Care Act) this is true by definition because the ...
Business & Economics

Wayne Winegarden Discusses 15% Solution on Lars Larson Show

Listen to Dr. Wayne Winegarden, PRI Senior Fellow in Business and Economics as he joins Lars Larson to discuss his latest report detailing how we reach the “15 Percent Solution”, or the optimal level of federal spending to maximize economic growth and cut the national debt. The interview begins at ...
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

The Economy Has Changed for American Workers – And There’s No Going Back

It used to be that political parties would argue over which policy was more effective at helping the largest number of people achieve the American dream. Now, a growing chorus on the left have begun to argue that the American dream itself is a lie, and that our only option ...
Business & Economics

How Free Markets Can Address Income Inequality

We support free markets not because some 18th- or 19th-century European philosopher said they’re great. Rather, we support a free market system because experience has shown it delivers more opportunity and prosperity to Americans than any other economic system. That’s not to say that we are blind to the current ...
Business & Economics

Let’s Hope a Trade Agreement with Xi Jinping Is In The Works

Americans of all stripes should be able to unite in support of trade. It’s fundamental to a diverse and healthy economy. Robust U.S. trade relationships around the world are also critical to the national economy. That’s especially true in California. The state leads the country in exports, totaling $171.9 billion ...
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 ...
Business & Economics

Protecting The Medicines Of Tomorrow

Government solutions often come with a price. For the America Invents Act (AIA), this price was an unintended impediment to medical innovation. Proposed legislation known as the Hatch-Waxman Integrity Act can reduce these costs, if Congress takes advantage of the opportunity. The problem of patent trolls plaguing Silicon Valley was ...
Business & Economics

Redefining Presidential Failure As Success

While success still has many fathers, failure is no longer an orphan. President Obama’s recent speeches and rallies demonstrate that, now, failure is simply redefined as success. The costs from this revisionism is high. Creating false narratives encourage policies that will harm economic prosperity and impose large economic hardships on ...
Blog

More Election Woes: Tax Hikes to Save Pensions

In some excellent reporting by Chris Reed of CalWatchdog, Reed found that more than 100 local governments in California asked voters for tax hikes on Election Day, double the 56 the Bond Buyer said it recorded in November 2016. These 100+ measures were on top of the 36 city and ...
Business & Economics

Repeal the Medical Device Tax

Rarely is there bipartisan agreement that a tax cut won’t cost the federal government money. But, in the case of the medical device tax (a 2.3 percent tax on medical devices and products that was passed as part of the Affordable Care Act) this is true by definition because the ...
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