Business & Economics
Blog
Universal Income Just Another Name for Putting Everyone on Welfare
One idea that has been gaining traction recently is a system of universal income, also known as basic income. The city of Stockton, California will be the nation’s first city to launch a universal income pilot program in 2019. While the specific policy proposals take many forms, the basic idea ...
Business & Economics
Wayne Winegarden – Legislating Energy Poverty
PRI’s Wayne Winegarden joins us to discuss his new study exploring how big government energy policies in California and New York are increasing energy burdens on rural, poor, and minority communities, and how free-market ideas can more effectively reduce emissions without new taxes or government programs.
Commentary
New York mandates create ‘energy poverty’ for citizens
New York has a proud tradition of environmental conservation. From Frederick Law Olmsted creating Central Park in the 1870s to the national environmental movement inspired by trailblazing President Theodore Roosevelt to the lush nature preserves created in the Adirondack and Catskills mountains, wise environmental stewardship has always been a cornerstone ...
Blog
California Supreme Court to Decide Fate of “Airtime”
Last week, the California Supreme Court heard the case Cal Fire Local 2881 v. CalPERS which challenged the 2013 law (the California Public Employees’ Pension Reform Act or PEPRA) that eliminated state employees’ ability to add up to five years of employment toward their pension benefit calculation by paying a ...
Business & Economics
Protecting The Medicines Of Tomorrow
Government solutions often come with a price. For the America Invents Act (AIA), this price was an unintended impediment to medical innovation. Proposed legislation known as the Hatch-Waxman Integrity Act can reduce these costs, if Congress takes advantage of the opportunity. The problem of patent trolls plaguing Silicon Valley was ...
Blog
Proxy Advisory Firms Are Worsening CalPERS and CalSTRS ESG Problem
My last blog post discussed the risks that ESG investing creates for CalPERS and CalSTRS. If not addressed, then both taxpayers and public employees will bear unnecessary costs and risks. Unfortunately, SEC rules are making this problem even worse. The SEC requires all institutional investors, such as CalPERS and CalSTRS, ...
Blog
Trouble in Paradise: Hawaii’s Hotel Strike
I just returned from my annual Thanksgiving family trip to Hawaii where it was Day 40-something of a hotel workers’ strike at the Royal Hawaiian Hotel. I had a hunch something was amiss when our Uber driver pulled into the driveway and a lone young woman who weighed about 100 ...
Business & Economics
New Study Shows California/New York Approach to Fighting Global Warming Hurts Working Class and Minority Communities
Legislating Energy Poverty Shows Market-Based Policies More Effective in Cutting Emissions The big government approach to fighting ‘global warming’ taken by California and New York hits working class and minority communities the hardest, a new report released today by the California-based free-market think tank, the Pacific Research Institute, concludes. “Overzealous ...
Blog
The ESG Threat to California’s Pensions
California’s public pensions are in trouble. While the Pew Charitable Trusts reports that California’s current unfunded liabilities are nearly $170 billion, as I recently reported in my chartbook on California’s pension crisis, the crisis is much worse. Valuing the liabilities using a more realistic market rate, the total pension debt ...
Blog
Taking a Long-Term View to Evaluate Trade, Market Policy
As I write this article in late November of 2018, the stock market has fallen significantly from its recent highs. These losses, which have erased nearly all the gains made thus far in 2018 push us toward official correction territory for both the DOW and NASDAQ for the year. These ...
Universal Income Just Another Name for Putting Everyone on Welfare
One idea that has been gaining traction recently is a system of universal income, also known as basic income. The city of Stockton, California will be the nation’s first city to launch a universal income pilot program in 2019. While the specific policy proposals take many forms, the basic idea ...
Wayne Winegarden – Legislating Energy Poverty
PRI’s Wayne Winegarden joins us to discuss his new study exploring how big government energy policies in California and New York are increasing energy burdens on rural, poor, and minority communities, and how free-market ideas can more effectively reduce emissions without new taxes or government programs.
New York mandates create ‘energy poverty’ for citizens
New York has a proud tradition of environmental conservation. From Frederick Law Olmsted creating Central Park in the 1870s to the national environmental movement inspired by trailblazing President Theodore Roosevelt to the lush nature preserves created in the Adirondack and Catskills mountains, wise environmental stewardship has always been a cornerstone ...
California Supreme Court to Decide Fate of “Airtime”
Last week, the California Supreme Court heard the case Cal Fire Local 2881 v. CalPERS which challenged the 2013 law (the California Public Employees’ Pension Reform Act or PEPRA) that eliminated state employees’ ability to add up to five years of employment toward their pension benefit calculation by paying a ...
Protecting The Medicines Of Tomorrow
Government solutions often come with a price. For the America Invents Act (AIA), this price was an unintended impediment to medical innovation. Proposed legislation known as the Hatch-Waxman Integrity Act can reduce these costs, if Congress takes advantage of the opportunity. The problem of patent trolls plaguing Silicon Valley was ...
Proxy Advisory Firms Are Worsening CalPERS and CalSTRS ESG Problem
My last blog post discussed the risks that ESG investing creates for CalPERS and CalSTRS. If not addressed, then both taxpayers and public employees will bear unnecessary costs and risks. Unfortunately, SEC rules are making this problem even worse. The SEC requires all institutional investors, such as CalPERS and CalSTRS, ...
Trouble in Paradise: Hawaii’s Hotel Strike
I just returned from my annual Thanksgiving family trip to Hawaii where it was Day 40-something of a hotel workers’ strike at the Royal Hawaiian Hotel. I had a hunch something was amiss when our Uber driver pulled into the driveway and a lone young woman who weighed about 100 ...
New Study Shows California/New York Approach to Fighting Global Warming Hurts Working Class and Minority Communities
Legislating Energy Poverty Shows Market-Based Policies More Effective in Cutting Emissions The big government approach to fighting ‘global warming’ taken by California and New York hits working class and minority communities the hardest, a new report released today by the California-based free-market think tank, the Pacific Research Institute, concludes. “Overzealous ...
The ESG Threat to California’s Pensions
California’s public pensions are in trouble. While the Pew Charitable Trusts reports that California’s current unfunded liabilities are nearly $170 billion, as I recently reported in my chartbook on California’s pension crisis, the crisis is much worse. Valuing the liabilities using a more realistic market rate, the total pension debt ...
Taking a Long-Term View to Evaluate Trade, Market Policy
As I write this article in late November of 2018, the stock market has fallen significantly from its recent highs. These losses, which have erased nearly all the gains made thus far in 2018 push us toward official correction territory for both the DOW and NASDAQ for the year. These ...
