Business & Economics

Blog

Beyond the New Normal? Not.

Back in 2017, concerned over the sclerotic growth of the U.S. economy, PRI published a series of studies titled Beyond the New Normal by economist and PRI senior fellow Wayne Winegarden. Up until that point, annual real GDP growth averaged just 1.9 percent since 2001. Many economists, resigned to our ...
Business & Economics

Regulation stands in the way of entrepreneurship for low-income families

https://www.pacificresearch.org/wp-content/uploads/2020/01/Wayne-Winegarden-News.mp3   In October 2019, the Pacific Research Institute released findings of a new report, titled Breaking Down Barriers to Opportunity #2 Entrepreneurship as a Pathway to the American Dream. The report, authored by Wayne Winegarden, contends that “overly complex government regulations are a common cause behind the barriers to low-income entrepreneurship.” ...
Commentary

Warren’s Medicare for All isn’t affordable for anyone

Democratic presidential candidate Elizabeth Warren has released her new road map for Medicare for All. She’s proposing a series of executive actions and bills that would transition the country to a government-run health system during her first term in the White House. Sen. Warren claims her brand of Medicare for All, once fully in place, would require $20.5 ...
Business & Economics

The SEC’s Proposed Rule Will Improve Transparency And Protect Investors

The complexity of the financial markets encourages people to support positions that would be unthinkable in most other situations. Such is the case with the Securities and Exchange Commission’s (SEC) proposed new regulations of proxy advisory firms. The SEC requires institutional investors (such as mutual funds and public pension funds) ...
Agriculture

Enacting UBI Would Bust Federal Budget, Rob Americans of More Prosperous Future

I have written before on the benefits and drawbacks of the various universal basic income (UBI) proposals bubbling up the last few years in the American political scene, specifically the economic, political, and moral dimensions of these policies.  All share the same essential structure: cash payments sent to all American ...
Business & Economics

Eliminating barriers to entrepreneurship will help immigrants, poor

The United States is in the midst of the longest economic expansion on record. The U.S. economy has been growing for more than 10 years. The unemployment rate is near its lowest point ever. And yet, poverty continues to be persistent nationwide. Tens of thousands of people are homeless in ...
Blog

Taxpayers Exhausted from Newsom’s Marathon Budget Presser

Gov. Newsom’s announcement of his 2020-21 State Budget plan on Friday was another whopper, his speech clocking in at roughly 2 hours and 47 minutes.  Last year, reporters who were used to covering a 30 minute press conference where caught off guard by Newsom’s lengthy presentation.  Los Angeles Times reporter ...
Blog

California And Bernie Sanders a Snug Political Fit

A Washington newspaper has reported that U.S. Sen. Bernie Sanders, the socialist from Vermont, has received 300 endorsements from California. That goes a long to explaining why things keep going wrong in the state. “The campaign released endorsements from 40 elected officials, more than 80 community leaders and more than ...
Business & Economics

Entrepreneurship can be the antidote to poverty

More than 38 million Americans are living in poverty, according to the latest U.S. Census data. That’s just under 12% of the population. Not exactly what President Lyndon Johnson had in mind when he declared war on poverty in 1964, more than a half-century ago. Since then, the U.S. poverty ...
Blog

A Ghost in the Machine?

In 1967 Arthur Koestler wrote The Ghost in the Machine, which was essentially a critique of the hypothesis that the human mind could be viewed as a machine, a sort of chemical computer. He went on to consider that if were a computer, then what of the metaphysical? That is, ...
Blog

Beyond the New Normal? Not.

Back in 2017, concerned over the sclerotic growth of the U.S. economy, PRI published a series of studies titled Beyond the New Normal by economist and PRI senior fellow Wayne Winegarden. Up until that point, annual real GDP growth averaged just 1.9 percent since 2001. Many economists, resigned to our ...
Business & Economics

Regulation stands in the way of entrepreneurship for low-income families

https://www.pacificresearch.org/wp-content/uploads/2020/01/Wayne-Winegarden-News.mp3   In October 2019, the Pacific Research Institute released findings of a new report, titled Breaking Down Barriers to Opportunity #2 Entrepreneurship as a Pathway to the American Dream. The report, authored by Wayne Winegarden, contends that “overly complex government regulations are a common cause behind the barriers to low-income entrepreneurship.” ...
Commentary

Warren’s Medicare for All isn’t affordable for anyone

Democratic presidential candidate Elizabeth Warren has released her new road map for Medicare for All. She’s proposing a series of executive actions and bills that would transition the country to a government-run health system during her first term in the White House. Sen. Warren claims her brand of Medicare for All, once fully in place, would require $20.5 ...
Business & Economics

The SEC’s Proposed Rule Will Improve Transparency And Protect Investors

The complexity of the financial markets encourages people to support positions that would be unthinkable in most other situations. Such is the case with the Securities and Exchange Commission’s (SEC) proposed new regulations of proxy advisory firms. The SEC requires institutional investors (such as mutual funds and public pension funds) ...
Agriculture

Enacting UBI Would Bust Federal Budget, Rob Americans of More Prosperous Future

I have written before on the benefits and drawbacks of the various universal basic income (UBI) proposals bubbling up the last few years in the American political scene, specifically the economic, political, and moral dimensions of these policies.  All share the same essential structure: cash payments sent to all American ...
Business & Economics

Eliminating barriers to entrepreneurship will help immigrants, poor

The United States is in the midst of the longest economic expansion on record. The U.S. economy has been growing for more than 10 years. The unemployment rate is near its lowest point ever. And yet, poverty continues to be persistent nationwide. Tens of thousands of people are homeless in ...
Blog

Taxpayers Exhausted from Newsom’s Marathon Budget Presser

Gov. Newsom’s announcement of his 2020-21 State Budget plan on Friday was another whopper, his speech clocking in at roughly 2 hours and 47 minutes.  Last year, reporters who were used to covering a 30 minute press conference where caught off guard by Newsom’s lengthy presentation.  Los Angeles Times reporter ...
Blog

California And Bernie Sanders a Snug Political Fit

A Washington newspaper has reported that U.S. Sen. Bernie Sanders, the socialist from Vermont, has received 300 endorsements from California. That goes a long to explaining why things keep going wrong in the state. “The campaign released endorsements from 40 elected officials, more than 80 community leaders and more than ...
Business & Economics

Entrepreneurship can be the antidote to poverty

More than 38 million Americans are living in poverty, according to the latest U.S. Census data. That’s just under 12% of the population. Not exactly what President Lyndon Johnson had in mind when he declared war on poverty in 1964, more than a half-century ago. Since then, the U.S. poverty ...
Blog

A Ghost in the Machine?

In 1967 Arthur Koestler wrote The Ghost in the Machine, which was essentially a critique of the hypothesis that the human mind could be viewed as a machine, a sort of chemical computer. He went on to consider that if were a computer, then what of the metaphysical? That is, ...
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