Business & Economics

Commentary

Warren’s ‘Medicare-for-all’ is financial fantasy – There’s no way to do this fuzzy math

Sen. Elizabeth Warren, D-Mass., has released her plan for financing “Medicare-for-all.” She claims it’ll cost “just” $20.5 trillion in new federal spending over 10 years, with, in her words, “not one penny in middle-class tax increases.” Warren has little choice but to indulge in fuzzy math. After all, doubling everyone’s ...
Blog

What We’re Watching – Entrepreneurship is Key to Lifting People Out of Poverty

This week, PRI released a new study by Senior Fellow in Business and Economics, Dr. Wayne Winegarden about how government-created barriers to opportunity were standing in the way of low-income and immigrant entrepreneurs starting a business and working their way into the middle class.  Along with the video, we released ...
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.
Commentary

Warren’s ‘Medicare-for-all’ is financial fantasy – There’s no way to do this fuzzy math

Sen. Elizabeth Warren, D-Mass., has released her plan for financing “Medicare-for-all.” She claims it’ll cost “just” $20.5 trillion in new federal spending over 10 years, with, in her words, “not one penny in middle-class tax increases.” Warren has little choice but to indulge in fuzzy math. After all, doubling everyone’s ...
Blog

What We’re Watching – Entrepreneurship is Key to Lifting People Out of Poverty

This week, PRI released a new study by Senior Fellow in Business and Economics, Dr. Wayne Winegarden about how government-created barriers to opportunity were standing in the way of low-income and immigrant entrepreneurs starting a business and working their way into the middle class.  Along with the video, we released ...
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.
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