Business & Economics

Business & Economics

Trumponomics with Steve Moore

Steve Moore is the co-author along with Arthur Laffer of the new book Trumponomics.  He discusses Trumponomics, its key principles, how it differs from Reaganomics, and even some aspects of Trumponomics that he doesn’t agree with (no spoiler alert needed). He also has some great advice for California’s new governor.
Blog

Medical Economic Studies Should Come with a Warning Label

The old joke about the drunk and the policeman is apropos for far too many pharmaceutical studies. Typically, the joke goes something like the following: A policeman sees a drunk man searching for something under a streetlight and asks what the drunk has lost. He says he lost his keys ...
Blog

San Francisco’s Proposition C Almost Claims Its First ‘Victims’

Making it more expensive to drink in San Francisco is not one of Proposition C’s objectives. But it was nearly one of its initial effects. Young’s Market Co., a wine and spirits distributor based in Tustin that does business across the western U.S., recently advised local bars it would be ...
Blog

Democratic Socialists Are Painting the Roses Red

We’re painting the roses red, Painting the roses red, And many a tear we shed, Because we know, They’ll cease to grow, In fact, they’ll soon be dead. And yet we go ahead, Painting the roses red Just like the characters in Alice in Wonderland, Representative Ocasio-Cortez apparently knows that ...
Business & Economics

How Free Markets Can Address Income Inequality

We support free markets not because some 18th- or 19th-century European philosopher said they’re great. Rather, we support a free market system because experience has shown it delivers more opportunity and prosperity to Americans than any other economic system. That’s not to say that we are blind to the current ...
Blog

Firing the Deep State

Irate over plummeting stock prices in recent weeks, the media reported that President Trump wanted to fire his appointed Fed Chairman Jerome Powell.  But can he really fire him?  It turns out that the law is murky in this area.  Trump can fire Powell, but only “for cause.” And that ...
Business & Economics

Drug Prices That Matter

Too often, drug pricing analyses do not shed light on how much drug expenditures are actually increasing because these studies examine the wrong price. The latest iteration is an analysis by Rx Savings Solutions. According to the Wall Street Journal, Rx Savings Solutions documented that dozens of drug makers raised the ...
Blog

Who Are 2018’s Big Winners and Losers?

As is customary on New Year’s Eve, many are looking back today, compiling their lists of winners and losers and memorable moments from 2018. The PRI “All Stars” (Rowena Itchon, Kerry Jackson, Lance Izumi, Ben Smithwick, and myself) have also gotten in on the act.  This week’s episode of PRI’s ...
Business & Economics

Let’s Hope a Trade Agreement with Xi Jinping Is In The Works

Americans of all stripes should be able to unite in support of trade. It’s fundamental to a diverse and healthy economy. Robust U.S. trade relationships around the world are also critical to the national economy. That’s especially true in California. The state leads the country in exports, totaling $171.9 billion ...
California

California’s energy mandates amount to state-legislated energy poverty

Every Californian wants to conserve energy and see cleaner air and water in the Golden State. But in their quest to safeguard the state’s environment for future generations, Sacramento policymakers have put in place an overzealous regulatory scheme that negatively impacts poor and minority communities. The new Pacific Research Institute ...
Business & Economics

Trumponomics with Steve Moore

Steve Moore is the co-author along with Arthur Laffer of the new book Trumponomics.  He discusses Trumponomics, its key principles, how it differs from Reaganomics, and even some aspects of Trumponomics that he doesn’t agree with (no spoiler alert needed). He also has some great advice for California’s new governor.
Blog

Medical Economic Studies Should Come with a Warning Label

The old joke about the drunk and the policeman is apropos for far too many pharmaceutical studies. Typically, the joke goes something like the following: A policeman sees a drunk man searching for something under a streetlight and asks what the drunk has lost. He says he lost his keys ...
Blog

San Francisco’s Proposition C Almost Claims Its First ‘Victims’

Making it more expensive to drink in San Francisco is not one of Proposition C’s objectives. But it was nearly one of its initial effects. Young’s Market Co., a wine and spirits distributor based in Tustin that does business across the western U.S., recently advised local bars it would be ...
Blog

Democratic Socialists Are Painting the Roses Red

We’re painting the roses red, Painting the roses red, And many a tear we shed, Because we know, They’ll cease to grow, In fact, they’ll soon be dead. And yet we go ahead, Painting the roses red Just like the characters in Alice in Wonderland, Representative Ocasio-Cortez apparently knows that ...
Business & Economics

How Free Markets Can Address Income Inequality

We support free markets not because some 18th- or 19th-century European philosopher said they’re great. Rather, we support a free market system because experience has shown it delivers more opportunity and prosperity to Americans than any other economic system. That’s not to say that we are blind to the current ...
Blog

Firing the Deep State

Irate over plummeting stock prices in recent weeks, the media reported that President Trump wanted to fire his appointed Fed Chairman Jerome Powell.  But can he really fire him?  It turns out that the law is murky in this area.  Trump can fire Powell, but only “for cause.” And that ...
Business & Economics

Drug Prices That Matter

Too often, drug pricing analyses do not shed light on how much drug expenditures are actually increasing because these studies examine the wrong price. The latest iteration is an analysis by Rx Savings Solutions. According to the Wall Street Journal, Rx Savings Solutions documented that dozens of drug makers raised the ...
Blog

Who Are 2018’s Big Winners and Losers?

As is customary on New Year’s Eve, many are looking back today, compiling their lists of winners and losers and memorable moments from 2018. The PRI “All Stars” (Rowena Itchon, Kerry Jackson, Lance Izumi, Ben Smithwick, and myself) have also gotten in on the act.  This week’s episode of PRI’s ...
Business & Economics

Let’s Hope a Trade Agreement with Xi Jinping Is In The Works

Americans of all stripes should be able to unite in support of trade. It’s fundamental to a diverse and healthy economy. Robust U.S. trade relationships around the world are also critical to the national economy. That’s especially true in California. The state leads the country in exports, totaling $171.9 billion ...
California

California’s energy mandates amount to state-legislated energy poverty

Every Californian wants to conserve energy and see cleaner air and water in the Golden State. But in their quest to safeguard the state’s environment for future generations, Sacramento policymakers have put in place an overzealous regulatory scheme that negatively impacts poor and minority communities. The new Pacific Research Institute ...
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