Business & Economics
Business & Economics
California’s 33% Renewable Portfolio Standard Will Raise Power Rates by 13 Percent
San Francisco The Pacific Research Institute, a free-market think tank based in San Francisco, released a new report today that finds that Californias 33 percent renewable portfolio standard (RPS) will impose upon the state in 2020 an aggregate marginal economic cost of about $5 billion in year 2011 dollars. ...
Benjamin Zycher
January 22, 2013
Business & Economics
Charity’s Unseen Benefit: It Protects Civil Society From The State
Charities and other nonprofit institutions perform a vast array of altruistic works yielding benefits for both the direct beneficiaries and for society writ large. Most such activities are obvious: medical services for the indigent, educational services for the disadvantaged, support for the arts, and the like. But such organizations serve ...
Benjamin Zycher
January 15, 2013
Business & Economics
Policy Analytics of the Tax Treatment of Charitable Contributions
San Francisco The Pacific Research Institute, a free-market think tank based in San Francisco today released the new report Policy Analytics of the Tax Treatment of Charitable Contributions authored by economist and PRI senior fellow Benjamin Zycher, Ph.D. Current proposals in Washington to change the favorable tax treatment ...
Benjamin Zycher
January 3, 2013
Agriculture
Ruling risks interstate water pacts
A “neighborhood” dispute between Oklahoma and Texas could upset decades of water agreements that have facilitated the nation’s urban, agricultural and industrial growth. At issue in Tarrant Regional Water District v. Herrmann is Oklahoma’s refusal to allow Texas to draw water to which it is entitled under the Red River ...
Wendell Cox
December 24, 2012
Commentary
Congress should put Medicare out of its misery now
As Republican leaders in Congress prepare to negotiate over the federal budget with their Democratic counterparts in the aftermath of the election, its time for everyone to face a hard truth we must end Medicare as we know it. The entitlement is bleeding to death. Without major changes, it ...
Sally C. Pipes
December 15, 2012
Business & Economics
Corporate Income Tax Elasticity: How Republicans Can Have Lower Tax Rates and Democrats Can Collect More Tax Revenue!
When the government increases tax rates, it assumes that it will collect more tax revenue dollars. Generally, this is the case. But there may well be an important exception that occurs because of the elasticity of taxation. Despite the presence of many contaminating variables, a persistent pattern is present in ...
Arthur Laffer
December 12, 2012
Business & Economics
Fiscal mess deeper than ‘cliff’
To paraphrase Samuel Johnson, nothing focuses the mind like a crisis. And, perhaps that is why the political class continually manufactures fiscal crises. The manufactured crises can be used to focus the collective political mind and help solve the underlying fiscal problem. The fiscal cliff the tax increases and ...
Wayne Winegarden
December 10, 2012
Business & Economics
Deep Reform, Not Window Dressing, for a Cooler, Cleaner California
The California Air Resources Board (CARB) wants car companies to install metallic reflective windows, which regulators believe will reduce energy use and fight global warming. Though possibly well intentioned this plan amounts only to window dressing. Legislators should pursue deeper environmental reforms with more benefits and fewer disadvantages. CARB believes ...
K. Lloyd Billingsley
December 9, 2012
Business & Economics
The Crusade Against Plastic Bags
KEY POINTS An ever-growing number of municipalities are instituting bans on plastic grocery bags in the name of environmental protection; Studies are mixed regarding whether or not such bans offer significant environmental benefits, but claims of rampant environmental harms are suspect; Proponents of bag-bans omit the most important consideration, which ...
Kenneth P. Green
November 30, 2012
Business & Economics
New Report on Controlling Rising Government Compensation Costs
New Report on Controlling Rising Government Compensation Costs The Pacific Research Institute (PRI), a free-market think tank based in San Francisco, today released a new report providing policy reforms to help control the rising compensation costs of state government employees. The report Policy Reforms to Control Rising Government Compensation Costs ...
Wayne Winegarden
November 5, 2012
California’s 33% Renewable Portfolio Standard Will Raise Power Rates by 13 Percent
San Francisco The Pacific Research Institute, a free-market think tank based in San Francisco, released a new report today that finds that Californias 33 percent renewable portfolio standard (RPS) will impose upon the state in 2020 an aggregate marginal economic cost of about $5 billion in year 2011 dollars. ...
Charity’s Unseen Benefit: It Protects Civil Society From The State
Charities and other nonprofit institutions perform a vast array of altruistic works yielding benefits for both the direct beneficiaries and for society writ large. Most such activities are obvious: medical services for the indigent, educational services for the disadvantaged, support for the arts, and the like. But such organizations serve ...
Policy Analytics of the Tax Treatment of Charitable Contributions
San Francisco The Pacific Research Institute, a free-market think tank based in San Francisco today released the new report Policy Analytics of the Tax Treatment of Charitable Contributions authored by economist and PRI senior fellow Benjamin Zycher, Ph.D. Current proposals in Washington to change the favorable tax treatment ...
Ruling risks interstate water pacts
A “neighborhood” dispute between Oklahoma and Texas could upset decades of water agreements that have facilitated the nation’s urban, agricultural and industrial growth. At issue in Tarrant Regional Water District v. Herrmann is Oklahoma’s refusal to allow Texas to draw water to which it is entitled under the Red River ...
Congress should put Medicare out of its misery now
As Republican leaders in Congress prepare to negotiate over the federal budget with their Democratic counterparts in the aftermath of the election, its time for everyone to face a hard truth we must end Medicare as we know it. The entitlement is bleeding to death. Without major changes, it ...
Corporate Income Tax Elasticity: How Republicans Can Have Lower Tax Rates and Democrats Can Collect More Tax Revenue!
When the government increases tax rates, it assumes that it will collect more tax revenue dollars. Generally, this is the case. But there may well be an important exception that occurs because of the elasticity of taxation. Despite the presence of many contaminating variables, a persistent pattern is present in ...
Fiscal mess deeper than ‘cliff’
To paraphrase Samuel Johnson, nothing focuses the mind like a crisis. And, perhaps that is why the political class continually manufactures fiscal crises. The manufactured crises can be used to focus the collective political mind and help solve the underlying fiscal problem. The fiscal cliff the tax increases and ...
Deep Reform, Not Window Dressing, for a Cooler, Cleaner California
The California Air Resources Board (CARB) wants car companies to install metallic reflective windows, which regulators believe will reduce energy use and fight global warming. Though possibly well intentioned this plan amounts only to window dressing. Legislators should pursue deeper environmental reforms with more benefits and fewer disadvantages. CARB believes ...
The Crusade Against Plastic Bags
KEY POINTS An ever-growing number of municipalities are instituting bans on plastic grocery bags in the name of environmental protection; Studies are mixed regarding whether or not such bans offer significant environmental benefits, but claims of rampant environmental harms are suspect; Proponents of bag-bans omit the most important consideration, which ...
New Report on Controlling Rising Government Compensation Costs
New Report on Controlling Rising Government Compensation Costs The Pacific Research Institute (PRI), a free-market think tank based in San Francisco, today released a new report providing policy reforms to help control the rising compensation costs of state government employees. The report Policy Reforms to Control Rising Government Compensation Costs ...