Business & Economics
Business & Economics
Gutting patents will stall medicine progress
Congress could soon vote on legislation that would gut America’s intellectual property laws. The bill isn’t just bad news for big pharmaceutical companies that hold lucrative patents. It’s terrible news for patients — medical research spending would dry up without strong patent protections. Americans could lose out on cures for ...
Wayne Winegarden
March 1, 2019
Blog
Welfare Programs Promote Bureaucracy Rather Than Self-Sufficiency
Welfare programs treat the symptoms of poverty, not the cause. As a result, they will never be the solution to ending poverty, nor are they designed to be a lasting solution. We have created a massive, cumbersome bureaucracy to administer an ineffective welfare state that, at best, locks millions of ...
Damon Dunn
February 27, 2019
Business & Economics
Three Blind Men And The Health Care Industry
Today’s hearing in front of the Senate Finance Committee will, unfortunately, be another wasted opportunity. Surely, Senators will make grandiose speeches and be shocked at the cost of drugs. They will also continue to support the very policies that are causing the problems the hearing is supposed to address. A February 25th editorial ...
Wayne Winegarden
February 26, 2019
Business & Economics
Wayne Winegarden Discusses 15% Solution on Lars Larson Show
Listen to Dr. Wayne Winegarden, PRI Senior Fellow in Business and Economics as he joins Lars Larson to discuss his latest report detailing how we reach the “15 Percent Solution”, or the optimal level of federal spending to maximize economic growth and cut the national debt. The interview begins at ...
Wayne Winegarden
February 25, 2019
Blog
Round 1: Old Left vs. Far Left
They say that age and cunning always beats youth and exuberance. But when it comes to the latest dust-up between the Left’s old guard and the new Far Left, how it all plays out in the end isn’t so clear. The Left’s old guard has reacted with smug disdain to ...
Rowena Itchon
February 21, 2019
Business & Economics
Facing $22 Trillion National Debt, New PRI Report Shows How “15 Percent Solution” Can Cut Debt, Grow Economy
On the heels of the news that the national debt has surpassed $22 trillion, the Pacific Research Institute today recommended reforms to bring spending under control, reduce the national debt and maximize economic growth in the latest report in its Beyond the New Normal series. “Just last week, as we learned ...
Wayne Winegarden
February 19, 2019
Commentary
Democratic 2020 Hopefuls: All Roads Lead To Single-Payer
The Democratic Party’s presidential hopefuls are diverse in all ways but one — their stance on healthcare reform. The front-runners want to eliminate private insurance and put everyone on a government-run plan. But that’s not something they’ve been enthusiastic about revealing to voters. Senator Elizabeth Warren recently refused to say whether she would ...
Sally C. Pipes
February 19, 2019
Business & Economics
The Economy Has Changed for American Workers – And There’s No Going Back
It used to be that political parties would argue over which policy was more effective at helping the largest number of people achieve the American dream. Now, a growing chorus on the left have begun to argue that the American dream itself is a lie, and that our only option ...
Damon Dunn
February 16, 2019
Business & Economics
Public Pension Funds’ Sole Responsibility Is To Secure The Retirement Of Public Sector Workers
State and local public pension funds are trillions of dollars in debt. Without fully accounting for the risks, state public pension funds have $1.4 trillion in unfunded liabilities (e.g. debt) according to the Pew Center’s latest estimates. Even more troubling, this debt is still growing. The sole priority of a public pension ...
Wayne Winegarden
February 14, 2019
Business & Economics
Fostering Transparency In The Pharmaceutical Market
In response to the problem of rising list prices for drugs, elected officials continue to propose counterproductive reforms. Whether it is importing drugs from Canada or indexing U.S. drug prices to the prices charged in other countries, these policies will make the current bad situation worse because they fail to ...
Wayne Winegarden
February 12, 2019
Gutting patents will stall medicine progress
Congress could soon vote on legislation that would gut America’s intellectual property laws. The bill isn’t just bad news for big pharmaceutical companies that hold lucrative patents. It’s terrible news for patients — medical research spending would dry up without strong patent protections. Americans could lose out on cures for ...
Welfare Programs Promote Bureaucracy Rather Than Self-Sufficiency
Welfare programs treat the symptoms of poverty, not the cause. As a result, they will never be the solution to ending poverty, nor are they designed to be a lasting solution. We have created a massive, cumbersome bureaucracy to administer an ineffective welfare state that, at best, locks millions of ...
Three Blind Men And The Health Care Industry
Today’s hearing in front of the Senate Finance Committee will, unfortunately, be another wasted opportunity. Surely, Senators will make grandiose speeches and be shocked at the cost of drugs. They will also continue to support the very policies that are causing the problems the hearing is supposed to address. A February 25th editorial ...
Wayne Winegarden Discusses 15% Solution on Lars Larson Show
Listen to Dr. Wayne Winegarden, PRI Senior Fellow in Business and Economics as he joins Lars Larson to discuss his latest report detailing how we reach the “15 Percent Solution”, or the optimal level of federal spending to maximize economic growth and cut the national debt. The interview begins at ...
Round 1: Old Left vs. Far Left
They say that age and cunning always beats youth and exuberance. But when it comes to the latest dust-up between the Left’s old guard and the new Far Left, how it all plays out in the end isn’t so clear. The Left’s old guard has reacted with smug disdain to ...
Facing $22 Trillion National Debt, New PRI Report Shows How “15 Percent Solution” Can Cut Debt, Grow Economy
On the heels of the news that the national debt has surpassed $22 trillion, the Pacific Research Institute today recommended reforms to bring spending under control, reduce the national debt and maximize economic growth in the latest report in its Beyond the New Normal series. “Just last week, as we learned ...
Democratic 2020 Hopefuls: All Roads Lead To Single-Payer
The Democratic Party’s presidential hopefuls are diverse in all ways but one — their stance on healthcare reform. The front-runners want to eliminate private insurance and put everyone on a government-run plan. But that’s not something they’ve been enthusiastic about revealing to voters. Senator Elizabeth Warren recently refused to say whether she would ...
The Economy Has Changed for American Workers – And There’s No Going Back
It used to be that political parties would argue over which policy was more effective at helping the largest number of people achieve the American dream. Now, a growing chorus on the left have begun to argue that the American dream itself is a lie, and that our only option ...
Public Pension Funds’ Sole Responsibility Is To Secure The Retirement Of Public Sector Workers
State and local public pension funds are trillions of dollars in debt. Without fully accounting for the risks, state public pension funds have $1.4 trillion in unfunded liabilities (e.g. debt) according to the Pew Center’s latest estimates. Even more troubling, this debt is still growing. The sole priority of a public pension ...
Fostering Transparency In The Pharmaceutical Market
In response to the problem of rising list prices for drugs, elected officials continue to propose counterproductive reforms. Whether it is importing drugs from Canada or indexing U.S. drug prices to the prices charged in other countries, these policies will make the current bad situation worse because they fail to ...