Economy

Business & Economics

Controlling Inflation Requires A Better Policy Mix, Not Business Scapegoating

Thanks to errant fiscal and monetary policies, consumer prices continued their relentless climb in December. Just as predictably, politicians seem to be more interested in “rounding up the usual suspects” rather than implementing the right policy mix that would rein in inflation. Political fecklessness in face of rising prices is ...
Commentary

Opinion: New burdens on entrepreneurs hurts minority economic advancement

By Wayne Winegarden and Kerry Jackson Florida’s nickname is the Sunshine State, but it could be the Entrepreneur State. In 2019, prior to the pandemic, no state had a higher rate of entrepreneurs starting new businesses. But that’s only part of the story. Only California (1.6 million) and Texas (1.1 million) have ...
Blog

In 2022, Will Lawmakers, Courts Respect Freedom of Californians to Work as they Choose?

Just before the pandemic struck, a new law infected California. Known as AB 5, the law upended 30 years of the freedom for people to work as independent contractors and reclassified millions as employees. The worst of legislative hubris, the law was unprincipled, exempting the politically-well-connected and clearly targeting certain ...
Business & Economics

Wayne Winegarden talks economy, inflation, entrepreneurship on Live 5 News

Watch PRI’s Dr. Wayne Winegarden discuss inflation, the state of the economy, and his recent study on how government policy designed to help small businesses has negative impacted small businesses with anchor Raphael James on Live 5 News in Charleston, SC.
California

Reform Misguided Laws, Don’t Raise Minimum Wage, to Address California’s High Cost of Living

California isn’t yet finished hiking the minimum wage from the last bill that increased it to $15 an hour starting in 2023 for all businesses, and now comes another proposal to move it to $18. Imagine the response from companies struggling to keep up with current payrolls when they hear ...
Blog

Breaking Down Barriers to Opportunity Would Do More to Build ‘Equitable’ California Than Higher Spending

Shortly after the New Year’s holiday, Gov. Gavin Newsom will kick off “state budget season” when he releases his 2022-23 state budget proposal on January 10. In a sign that perhaps lawmakers won’t be ceding as much of the spotlight to Newsom in 2022 that they have in 2021, Democratic ...
Blog

One Indicator Shows California’s Recovery Is Incomplete

Despite assurances that California’s economy is a treasure to behold – “We are world-beating in terms of our economic growth,” says Gov. Gavin Newsom – the post-pandemic recovery has a gaping hole in it. State unemployment is the highest in the country. Federal data for October show that the jobless ...
Business & Economics

New Federal Spending Will Hurt Entrepreneurs More Than It Helps

By Kerry Jackson and Wayne Winegarden Since the earliest days of the coronavirus pandemic, Washington has authorized nearly $6 trillion in new outlays. Much of it was directed toward helping small businesses. But are America’s entrepreneurs better off for this big spending? The evidence says no. Massive expenditures, which could ...
Business & Economics

Wayne Winegarden Discusses Impact on Biden Plan on Economy, Entrepreneurship in Detroit News

“Everything is going up” on Thanksgiving Menu By Breana Noble and Candice Williams Michiganians should expect to pay more for Thanksgiving dinner this year as labor shortages, inflation, and other supply-chain issues lead to increasing prices at the grocery store . . . “Boring Uncle Joe is going to be ...
Business & Economics

Lars Larson and Dr. Wayne Winegarden Break Down the $1.2 Trillion Infrastructure Deal

Wayne Winegarden, Ph.D., talks about the $1.2 trillion federal infrastructure package impacts American debt and government spending. Winegarden also explains the impact of the U.S. Federal Reserve buying up American debt during the pandemic and how monetary policy is impacting inflation. Larson and Winegarden also talk about the politics around ...
Business & Economics

Controlling Inflation Requires A Better Policy Mix, Not Business Scapegoating

Thanks to errant fiscal and monetary policies, consumer prices continued their relentless climb in December. Just as predictably, politicians seem to be more interested in “rounding up the usual suspects” rather than implementing the right policy mix that would rein in inflation. Political fecklessness in face of rising prices is ...
Commentary

Opinion: New burdens on entrepreneurs hurts minority economic advancement

By Wayne Winegarden and Kerry Jackson Florida’s nickname is the Sunshine State, but it could be the Entrepreneur State. In 2019, prior to the pandemic, no state had a higher rate of entrepreneurs starting new businesses. But that’s only part of the story. Only California (1.6 million) and Texas (1.1 million) have ...
Blog

In 2022, Will Lawmakers, Courts Respect Freedom of Californians to Work as they Choose?

Just before the pandemic struck, a new law infected California. Known as AB 5, the law upended 30 years of the freedom for people to work as independent contractors and reclassified millions as employees. The worst of legislative hubris, the law was unprincipled, exempting the politically-well-connected and clearly targeting certain ...
Business & Economics

Wayne Winegarden talks economy, inflation, entrepreneurship on Live 5 News

Watch PRI’s Dr. Wayne Winegarden discuss inflation, the state of the economy, and his recent study on how government policy designed to help small businesses has negative impacted small businesses with anchor Raphael James on Live 5 News in Charleston, SC.
California

Reform Misguided Laws, Don’t Raise Minimum Wage, to Address California’s High Cost of Living

California isn’t yet finished hiking the minimum wage from the last bill that increased it to $15 an hour starting in 2023 for all businesses, and now comes another proposal to move it to $18. Imagine the response from companies struggling to keep up with current payrolls when they hear ...
Blog

Breaking Down Barriers to Opportunity Would Do More to Build ‘Equitable’ California Than Higher Spending

Shortly after the New Year’s holiday, Gov. Gavin Newsom will kick off “state budget season” when he releases his 2022-23 state budget proposal on January 10. In a sign that perhaps lawmakers won’t be ceding as much of the spotlight to Newsom in 2022 that they have in 2021, Democratic ...
Blog

One Indicator Shows California’s Recovery Is Incomplete

Despite assurances that California’s economy is a treasure to behold – “We are world-beating in terms of our economic growth,” says Gov. Gavin Newsom – the post-pandemic recovery has a gaping hole in it. State unemployment is the highest in the country. Federal data for October show that the jobless ...
Business & Economics

New Federal Spending Will Hurt Entrepreneurs More Than It Helps

By Kerry Jackson and Wayne Winegarden Since the earliest days of the coronavirus pandemic, Washington has authorized nearly $6 trillion in new outlays. Much of it was directed toward helping small businesses. But are America’s entrepreneurs better off for this big spending? The evidence says no. Massive expenditures, which could ...
Business & Economics

Wayne Winegarden Discusses Impact on Biden Plan on Economy, Entrepreneurship in Detroit News

“Everything is going up” on Thanksgiving Menu By Breana Noble and Candice Williams Michiganians should expect to pay more for Thanksgiving dinner this year as labor shortages, inflation, and other supply-chain issues lead to increasing prices at the grocery store . . . “Boring Uncle Joe is going to be ...
Business & Economics

Lars Larson and Dr. Wayne Winegarden Break Down the $1.2 Trillion Infrastructure Deal

Wayne Winegarden, Ph.D., talks about the $1.2 trillion federal infrastructure package impacts American debt and government spending. Winegarden also explains the impact of the U.S. Federal Reserve buying up American debt during the pandemic and how monetary policy is impacting inflation. Larson and Winegarden also talk about the politics around ...
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