Business & Economics
Blog
Rise Of The Machines
Some years ago, in 2018, when the minimum wage in California was $11 an hour for companies with 26 or more employees, a Pasadena burger joint hired a machine named Flippy to turn patties on the grill. “The world’s first autonomous kitchen assistant,” an “upgrade on a human line cook,” ...
Blog
The Gordon Chang Report–Will China’s ‘Doom Loop’ Economy Trigger the Next Great Depression?
READ THE PDF Will China’s ‘Doom Loop’ Economy Trigger the Next Great Depression? “We have faced the worst pandemic since the 1920s, the worst conflict in Europe since the 1940s, and the worst energy shock since the 1970s,” Christine Lagarde said last month to the IMF in Washington. “Two specific ...
Blog
Learn how government is trying to stop another merger
Why is ‘The People’s Attorney’ Suing to Block a Private Transaction That Will Benefit Shoppers?
Yet busybodies from Washington to Sacramento want to block Kroger’s plan to buy the Albertsons chain for $24.6 billion. They’re so hostile to the proposal that Kroger is even on trial: The Federal Trade Commission, California Attorney General Rob Bonta, seven other state attorneys general and the District of Columbia ...
Blog
California and the SEC face legal challenges to their climate-related disclosure requirements
These requirements are not only financially burdensome but have been challenged on legal and Constitutional grounds. In January, the California Chamber of Commerce sued the California Air and Resource Board (CARB), seeking an injunction against the implementation of SB 253 and SB 261. In their complaint, they argued that California ...
Blog
Spending Watch
The Governor’s Special Session Will Worsen Gasoline Affordability
The Governor’s Special Session Will Worsen Gasoline Affordability Wayne Winegarden and Kerry Jackson September 2024 The special session called by Governor Gavin Newsom is supposed to save Californians from price gasoline spikes. The governor wants to blame the price spikes on greedy corporations. His accusations are merely a diversion from ...
California
Learn about the problems with LA's Measure ULA
Yet another example of a tax that didn’t live up to its promises
Measure ULA, approved by nearly 58% of the voters, initially imposed a 4% “mansion tax” on the sales of any homes or commercial properties valued at more than $5 million. The rate jumped to 5.5% on sales above $10 million. The thresholds increased to $5.15 million and $10.3 million on ...
Blog
The Gordon Chang Report–China: Mastermind of Middle East Turmoil
READ THE PDF On July 23, 14 Palestinian factions, including arch rivals Hamas and Fatah, signed the Beijing Declaration, a unity pact, in the Chinese capital. China’s Global Times, the Communist Party’s semi-official tabloid, termed the deal an “epoch-making event.” In July, Xi Jinping appeared to be driving events in ...
Business & Economics
NEW BRIEF: CalPERS’ Political Agenda Puts Taxpayers and Retirees at Risk with Low Returns, Higher Unfunded Liabilities
SACRAMENTO – CalPERS – which adheres to a politicized Environmental, Social, and Governance (ESG) agenda – is generating lower returns in its investment strategies compared to a more typical investment strategy, finds a new brief released today by the Pacific Research Institute, a non-partisan California-based free market think tank. CalPERS ...
Commentary
Learn why price controls won't reduce inflation
Kamala Harris is wrong. American economic history is replete with failed price control policies
Yet in one of her first policy proposals as the Democratic Party’s White House candidate, Kamala Harris insisted that the country needs “the first-ever federal ban on price gouging on food and groceries.” She would set “clear rules of the road to make clear that big corporations can’t unfairly exploit ...
Agriculture
Read the latest on the Harris grocery price gouging plan
Kamala Harris is wrong. The ‘California Way,’ not corporate greed, hikes grocery prices
Harris is right: we’re paying more at the grocery store these days. According to the Federal Reserve, food prices are up about 20 percent compared to when Harris became vice president. But when looking for a culprit for rising food prices, economists suggest Harris should look in the mirror – ...
Rise Of The Machines
Some years ago, in 2018, when the minimum wage in California was $11 an hour for companies with 26 or more employees, a Pasadena burger joint hired a machine named Flippy to turn patties on the grill. “The world’s first autonomous kitchen assistant,” an “upgrade on a human line cook,” ...
The Gordon Chang Report–Will China’s ‘Doom Loop’ Economy Trigger the Next Great Depression?
READ THE PDF Will China’s ‘Doom Loop’ Economy Trigger the Next Great Depression? “We have faced the worst pandemic since the 1920s, the worst conflict in Europe since the 1940s, and the worst energy shock since the 1970s,” Christine Lagarde said last month to the IMF in Washington. “Two specific ...
Learn how government is trying to stop another merger
Why is ‘The People’s Attorney’ Suing to Block a Private Transaction That Will Benefit Shoppers?
Yet busybodies from Washington to Sacramento want to block Kroger’s plan to buy the Albertsons chain for $24.6 billion. They’re so hostile to the proposal that Kroger is even on trial: The Federal Trade Commission, California Attorney General Rob Bonta, seven other state attorneys general and the District of Columbia ...
California and the SEC face legal challenges to their climate-related disclosure requirements
These requirements are not only financially burdensome but have been challenged on legal and Constitutional grounds. In January, the California Chamber of Commerce sued the California Air and Resource Board (CARB), seeking an injunction against the implementation of SB 253 and SB 261. In their complaint, they argued that California ...
Spending Watch
The Governor’s Special Session Will Worsen Gasoline Affordability
The Governor’s Special Session Will Worsen Gasoline Affordability Wayne Winegarden and Kerry Jackson September 2024 The special session called by Governor Gavin Newsom is supposed to save Californians from price gasoline spikes. The governor wants to blame the price spikes on greedy corporations. His accusations are merely a diversion from ...
Learn about the problems with LA's Measure ULA
Yet another example of a tax that didn’t live up to its promises
Measure ULA, approved by nearly 58% of the voters, initially imposed a 4% “mansion tax” on the sales of any homes or commercial properties valued at more than $5 million. The rate jumped to 5.5% on sales above $10 million. The thresholds increased to $5.15 million and $10.3 million on ...
The Gordon Chang Report–China: Mastermind of Middle East Turmoil
READ THE PDF On July 23, 14 Palestinian factions, including arch rivals Hamas and Fatah, signed the Beijing Declaration, a unity pact, in the Chinese capital. China’s Global Times, the Communist Party’s semi-official tabloid, termed the deal an “epoch-making event.” In July, Xi Jinping appeared to be driving events in ...
NEW BRIEF: CalPERS’ Political Agenda Puts Taxpayers and Retirees at Risk with Low Returns, Higher Unfunded Liabilities
SACRAMENTO – CalPERS – which adheres to a politicized Environmental, Social, and Governance (ESG) agenda – is generating lower returns in its investment strategies compared to a more typical investment strategy, finds a new brief released today by the Pacific Research Institute, a non-partisan California-based free market think tank. CalPERS ...
Learn why price controls won't reduce inflation
Kamala Harris is wrong. American economic history is replete with failed price control policies
Yet in one of her first policy proposals as the Democratic Party’s White House candidate, Kamala Harris insisted that the country needs “the first-ever federal ban on price gouging on food and groceries.” She would set “clear rules of the road to make clear that big corporations can’t unfairly exploit ...
Read the latest on the Harris grocery price gouging plan
Kamala Harris is wrong. The ‘California Way,’ not corporate greed, hikes grocery prices
Harris is right: we’re paying more at the grocery store these days. According to the Federal Reserve, food prices are up about 20 percent compared to when Harris became vice president. But when looking for a culprit for rising food prices, economists suggest Harris should look in the mirror – ...
