Business & Economics

Business & Economics

NEW STUDY FINDS

Americans Pay $1,300 ‘Tort Tax,’ Fixing Legal System Would Grow Economy by 2 Percent

Americans pay a “tort tax” of $1,300 per person thanks to lawsuit abuse, and reforming the legal system could boost the U.S. economy by 2 percent over time, finds a new study released today by California-based, nonpartisan, free-market think tank, the Pacific Research Institute. “Frivolous lawsuits reduce economic opportunities, jobs, ...
Blog

Read about new study on minimum wage and homelessness

At The Intersection Of Homelessness And Minimum-Wage Hikes

It’s widely though not universally acknowledged that minimum-wage increases are job killers. When statutes require employers to pay wages above market value, they will take avoidance measures. In the 2020s, automation becomes an appealing alternative for many. But not all businesses can replace their workers with robots. They are left ...
Economy

Ken Pope – Victims of Communism

On this Independence Day week our guest is Ken Pope, CEO of the Victims of Communism Memorial Foundation. It’s been nearly 35 years since the Berlin Wall has fallen, but communism continues to thrive in many areas around the world.  Ken discusses the continuing threat of communism, why it’s important ...
Business & Economics

Stephen Soukup – The Dictatorship of Woke Capital

Stephen Soukup joins us this week to discuss the newly released paperback edition of his book The Dictatorship of Woke Capital, which explores how Wall Street and corporate investing has gone woke on issues like ESG.  We discuss the evolution of American business and the economic philosophies that shaped the ...
Blog

Read latest on Titan submarine tragedy

The Loss of the Titan

(Note: PRI senior fellow Steve Smith, a former Coast Guardsman and merchant mariner, shares his thoughts on last week’s Titan submarine tragedy.) Some went out on the sea in ships; they were merchants on the mighty waters. They saw the works of the Lord, his wonderful deeds in the deep. ...
Blog

Read about California's outmigration problem

California: Economic Laggard or Leader?

Digging into the analysis quickly reveals that California’s top five ranking results from the state’s past achievements, not its current economic health nor its future growth prospects. Documenting this reality is essential because the state’s top ranking can be easily misconstrued as confirmation that California’s current policy mix is promoting ...
Blog

Read latest about government overregulation

By managing growth, planners make cities less livable

While Euclidean zoning has been credited with segregating developments that have incompatible uses – a chemical plant next to a school or a landfill right up against a residential district, for a couple of examples – it has a record of going too far. In some cases, planners “decided that ...
Business & Economics

Read the latest on ESG

There The SEC Goes Again

President Biden’s Securities and Exchange Commission (SEC) is increasingly becoming an advocate for Environmental, Social, and Governance (ESG) activists to the detriment of its core mission. In its latest iteration, the SEC is using its enforcement discretion to roll back recent reforms to rule 14a-8. These changes make it more ...
Business & Economics

Erik Jaffe – 2023 Supreme Court Preview

Erik Jaffe, PRI adjunct fellow in legal studies and one of America’s top constitutional lawyers, joins us for his annual preview of the hot Supreme Court cases that will be handed down before the end of the term.  They discuss cases involving private property rights, tech, college admissions policies, legislative ...
Blog

City services will get slammed as public pay goes up

Consider these recent increases: University of California Health. In February, unionized medical residents at UC’s six urban medical centers (in Sacramento, San Francisco, Los Angeles, San Diego, Riverside and Orange) were prescribed 16-percent raises over two years. Los Angeles. In April, teachers in the Los Angeles Unified School district went ...
Business & Economics

NEW STUDY FINDS

Americans Pay $1,300 ‘Tort Tax,’ Fixing Legal System Would Grow Economy by 2 Percent

Americans pay a “tort tax” of $1,300 per person thanks to lawsuit abuse, and reforming the legal system could boost the U.S. economy by 2 percent over time, finds a new study released today by California-based, nonpartisan, free-market think tank, the Pacific Research Institute. “Frivolous lawsuits reduce economic opportunities, jobs, ...
Blog

Read about new study on minimum wage and homelessness

At The Intersection Of Homelessness And Minimum-Wage Hikes

It’s widely though not universally acknowledged that minimum-wage increases are job killers. When statutes require employers to pay wages above market value, they will take avoidance measures. In the 2020s, automation becomes an appealing alternative for many. But not all businesses can replace their workers with robots. They are left ...
Economy

Ken Pope – Victims of Communism

On this Independence Day week our guest is Ken Pope, CEO of the Victims of Communism Memorial Foundation. It’s been nearly 35 years since the Berlin Wall has fallen, but communism continues to thrive in many areas around the world.  Ken discusses the continuing threat of communism, why it’s important ...
Business & Economics

Stephen Soukup – The Dictatorship of Woke Capital

Stephen Soukup joins us this week to discuss the newly released paperback edition of his book The Dictatorship of Woke Capital, which explores how Wall Street and corporate investing has gone woke on issues like ESG.  We discuss the evolution of American business and the economic philosophies that shaped the ...
Blog

Read latest on Titan submarine tragedy

The Loss of the Titan

(Note: PRI senior fellow Steve Smith, a former Coast Guardsman and merchant mariner, shares his thoughts on last week’s Titan submarine tragedy.) Some went out on the sea in ships; they were merchants on the mighty waters. They saw the works of the Lord, his wonderful deeds in the deep. ...
Blog

Read about California's outmigration problem

California: Economic Laggard or Leader?

Digging into the analysis quickly reveals that California’s top five ranking results from the state’s past achievements, not its current economic health nor its future growth prospects. Documenting this reality is essential because the state’s top ranking can be easily misconstrued as confirmation that California’s current policy mix is promoting ...
Blog

Read latest about government overregulation

By managing growth, planners make cities less livable

While Euclidean zoning has been credited with segregating developments that have incompatible uses – a chemical plant next to a school or a landfill right up against a residential district, for a couple of examples – it has a record of going too far. In some cases, planners “decided that ...
Business & Economics

Read the latest on ESG

There The SEC Goes Again

President Biden’s Securities and Exchange Commission (SEC) is increasingly becoming an advocate for Environmental, Social, and Governance (ESG) activists to the detriment of its core mission. In its latest iteration, the SEC is using its enforcement discretion to roll back recent reforms to rule 14a-8. These changes make it more ...
Business & Economics

Erik Jaffe – 2023 Supreme Court Preview

Erik Jaffe, PRI adjunct fellow in legal studies and one of America’s top constitutional lawyers, joins us for his annual preview of the hot Supreme Court cases that will be handed down before the end of the term.  They discuss cases involving private property rights, tech, college admissions policies, legislative ...
Blog

City services will get slammed as public pay goes up

Consider these recent increases: University of California Health. In February, unionized medical residents at UC’s six urban medical centers (in Sacramento, San Francisco, Los Angeles, San Diego, Riverside and Orange) were prescribed 16-percent raises over two years. Los Angeles. In April, teachers in the Los Angeles Unified School district went ...
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