Business & Economics

Blackouts

California Power Outages — A Look Into The Future

California’s Great Blackout of 2019 has begun as the lights keep going out for millions across the state’s northern stretches. What should be the past now seems to be the future. Pacific Gas and Electric began shutting down power early the morning of Oct. 9, when electricity was cut to ...
Business & Economics

NEW STUDY finds Overregulation Hurts Immigrant and Low-Income Entrepreneurs Trying to Achieve the American Dream

A new study released today by the nonpartisan Pacific Research Institute finds that government has erected barriers to opportunity that make it very difficult for immigrant and low-income entrepreneurs to lift themselves out of poverty and climb the economic ladder. Click here to download “Entrepreneurship as a Pathway to the ...
Agriculture

Adam Smith’s ‘invisible hand’ is poking at corporate activists

Many of America’s largest public corporations recently made a commitment in principle to their “stakeholders,” which included working with their communities and “protect[ing] the environment by embracing sustainable practices.” Leaders of 181 of the 193 member companies of the prominent Business Roundtable promised to “deliver value.” It gave us a sense of ...
Blog

When Evaluating Socialist Programs, The Path Taken Matters

My last column began a conversation our nation desperately needs to have – forcefully pushing back against the dangerous and misguided myths promoting by proponents of socialism in the U.S. surrounding the supposed socialist success stories in countries like Switzerland, Norway, Sweden, and Denmark. We don’t criticize the policies of ...
Blackouts

Why Are California Gas Prices So High These Days? Thank Sacramento.

Benjamin Franklin was right that “nothing is certain but death and taxes,” though he could have added a third certainty in California – paying significantly more than the national average for gasoline. California drivers are living a real life version of the movie “Groundhog Day”, more than $4 per gallon ...
Blog

Stockton’s Basic Income Experiment: 40% Of The Money Is Unaccounted For

The initial report on Stockton’s “basic income” experiment, in which 125 residents in low-income Zip Codes receive $500 a month, shows that most of the money that can be tracked has been spent on necessities. But that’s only part of the story. Forty percent was transferred to bank accounts or ...
Blog

Is the Gig Up After Signing of AB 5?

Now that dust has settled after the signing of perhaps the hottest bill this legislative session – Assembly Bill 5 – what’s next for those who work in the gig economy? A panel of free-market advocates and subject matter experts recently got together to discuss the bill’s aftermath at Pacific ...
Business & Economics

Gary Wolfram – The Debate Over Free Markets versus Socialism

Hillsdale College Professor of Economics and Public Policy Gary Wolfram shares his thoughts on some of the hot topics in the debate over free-market economic policy today, including the Green New Deal, electric car subsidies, the growing push for socialism, and the debate over free college.
Business & Economics

Kerry Jackson Quoted in Epoch Times Article on California Poverty

California continues to lead the nation in poverty, according to a recent Census Bureau report. The report (pdf), released in September 2019, measured states’ functional poverty rates, which takes into account the cost of living and other factors. California has the highest of any state, with about 18.2 percent of the population ...
Business & Economics

NEW ISSUE BRIEF: Biosimilars Study Shows Massive State and Taxpayer Savings Possible by Expanding Biosimilars Market

Biosimilars have the opportunity to bring significant savings to state Medicaid programs and consumers with commercial insurance according to a new study released today by Pacific Research Institute. “Every state would experience significant savings in the state Medicaid programs from expanding the use of biosimilars compared to the more expensive ...
Blackouts

California Power Outages — A Look Into The Future

California’s Great Blackout of 2019 has begun as the lights keep going out for millions across the state’s northern stretches. What should be the past now seems to be the future. Pacific Gas and Electric began shutting down power early the morning of Oct. 9, when electricity was cut to ...
Business & Economics

NEW STUDY finds Overregulation Hurts Immigrant and Low-Income Entrepreneurs Trying to Achieve the American Dream

A new study released today by the nonpartisan Pacific Research Institute finds that government has erected barriers to opportunity that make it very difficult for immigrant and low-income entrepreneurs to lift themselves out of poverty and climb the economic ladder. Click here to download “Entrepreneurship as a Pathway to the ...
Agriculture

Adam Smith’s ‘invisible hand’ is poking at corporate activists

Many of America’s largest public corporations recently made a commitment in principle to their “stakeholders,” which included working with their communities and “protect[ing] the environment by embracing sustainable practices.” Leaders of 181 of the 193 member companies of the prominent Business Roundtable promised to “deliver value.” It gave us a sense of ...
Blog

When Evaluating Socialist Programs, The Path Taken Matters

My last column began a conversation our nation desperately needs to have – forcefully pushing back against the dangerous and misguided myths promoting by proponents of socialism in the U.S. surrounding the supposed socialist success stories in countries like Switzerland, Norway, Sweden, and Denmark. We don’t criticize the policies of ...
Blackouts

Why Are California Gas Prices So High These Days? Thank Sacramento.

Benjamin Franklin was right that “nothing is certain but death and taxes,” though he could have added a third certainty in California – paying significantly more than the national average for gasoline. California drivers are living a real life version of the movie “Groundhog Day”, more than $4 per gallon ...
Blog

Stockton’s Basic Income Experiment: 40% Of The Money Is Unaccounted For

The initial report on Stockton’s “basic income” experiment, in which 125 residents in low-income Zip Codes receive $500 a month, shows that most of the money that can be tracked has been spent on necessities. But that’s only part of the story. Forty percent was transferred to bank accounts or ...
Blog

Is the Gig Up After Signing of AB 5?

Now that dust has settled after the signing of perhaps the hottest bill this legislative session – Assembly Bill 5 – what’s next for those who work in the gig economy? A panel of free-market advocates and subject matter experts recently got together to discuss the bill’s aftermath at Pacific ...
Business & Economics

Gary Wolfram – The Debate Over Free Markets versus Socialism

Hillsdale College Professor of Economics and Public Policy Gary Wolfram shares his thoughts on some of the hot topics in the debate over free-market economic policy today, including the Green New Deal, electric car subsidies, the growing push for socialism, and the debate over free college.
Business & Economics

Kerry Jackson Quoted in Epoch Times Article on California Poverty

California continues to lead the nation in poverty, according to a recent Census Bureau report. The report (pdf), released in September 2019, measured states’ functional poverty rates, which takes into account the cost of living and other factors. California has the highest of any state, with about 18.2 percent of the population ...
Business & Economics

NEW ISSUE BRIEF: Biosimilars Study Shows Massive State and Taxpayer Savings Possible by Expanding Biosimilars Market

Biosimilars have the opportunity to bring significant savings to state Medicaid programs and consumers with commercial insurance according to a new study released today by Pacific Research Institute. “Every state would experience significant savings in the state Medicaid programs from expanding the use of biosimilars compared to the more expensive ...
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