Business & Economics

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 ...
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

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 ...
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 ...
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