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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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