Business & Economics

Business & Economics

Can We Live In Freedom In A Floating Paradise?

Joe Quirk of the Seasteading Institute joins us in San Francisco to talk about the audacious vision of building floating cities, where everyone is creative, prosperous and free. Ben Smithwick also joins us to talk about PRI’s Young Leaders Circle.
Business & Economics

Separating Budgetary Wheat From The Chaff: The CDC Example

For Samsung, it was the Galaxy Note 7; for Microsoft, it was the Zune; and for Coke, it was New Coke. These famous flops exemplify that failures are a part of life – even for multi-billion-dollar companies. In the private sector, successful companies own up to their failures and, if ...
Business & Economics

NEW STUDY: Californians Would Pay $1.9 Billion More For Insurance If Congress Passes Border Adjustment Tax

Californians would face $1.9 billion in higher insurance costs if Congress passes a border adjustment tax as part of federal tax reform, according to a new study released today by the R Street Institute and the Pacific Research Institute. This tax would make it virtually impossible for U.S. insurers to ...
Business & Economics

Despite Budget Action, Much Work Remains to Solve State’s Pension Crisis

Anyone worried about an earthquake plunging California into the sea should be more concerned about what is really sinking the state: the cost of public-employee pensions. In the just-enacted 2017-18 state budget, about $8 billion of the state government’s $183 billion spending package will go to the California Public Employees’ Retirement ...
Business & Economics

Is California Losing Its Edge On Innovation?

By some measures, the competition among the states to attract business and new residents has never been more robust. With easier and less expensive travel options, increasingly ubiquitous high-speed broadband and more flexible work conditions, companies can locate their operations anywhere. The future of good jobs and robust careers will ...
Business & Economics

Empower The Private Sector To Close The Infrastructure Funding Gap

If you believe the civil engineers, then on top of current planned expenditures, the U.S. needs an additional $5.2 trillion in investment into the nation’s roads, water systems, electric grids, ports & waterways, and airports between now and 2040. While such investments may be imperative, the ability of the government ...
Business & Economics

Assembly Bill 20 Would Worsen California’s Public Pension Crisis

The average credit card debt in 2016 was $16,048 per household that carries a balance. Paying off this debt is an important financial goal. Obviously, this beneficial goal would be more difficult to meet if the Legislature imposed arbitrary restrictions on the types of jobs households with credit card debts ...
Government Spending

Senate Republicans Release Their Obamacare Replacement Plan

Senate Republicans on Thursday announced a wide-ranging plan to roll back the Affordable Care Act, with features that include a dramatic reduction in government spending that could mean millions more Americans will be left uninsured. The plan, unveiled by Senate Majority Leader Mitch McConnell and his team after working on ...
Business & Economics

Policymakers Ignore Long-Term Consequences Of California Minimum Wage Hike

They were warned and they knew better but they did it nonetheless. It’s become the California Way. Continually legislate, never bother to contemplate. In 1992, economists David Card and Alan B. Krueger published a National Bureau of Economic Research paper that claimed, “Relative to stores in Pennsylvania, fast food restaurants ...
Business & Economics

New PRI Issue Brief Finds Government Policies Have Strangled State’s Housing Market, Made Housing Unaffordable

Big government policies and political constraints are the primary causes for rising California home prices and lack of supply, according to the findings of a new “California Ideas in Action” issue brief released today by the non-partisan Pacific Research Institute. Reforms to open California’s housing market are recommended as the ...
Business & Economics

Can We Live In Freedom In A Floating Paradise?

Joe Quirk of the Seasteading Institute joins us in San Francisco to talk about the audacious vision of building floating cities, where everyone is creative, prosperous and free. Ben Smithwick also joins us to talk about PRI’s Young Leaders Circle.
Business & Economics

Separating Budgetary Wheat From The Chaff: The CDC Example

For Samsung, it was the Galaxy Note 7; for Microsoft, it was the Zune; and for Coke, it was New Coke. These famous flops exemplify that failures are a part of life – even for multi-billion-dollar companies. In the private sector, successful companies own up to their failures and, if ...
Business & Economics

NEW STUDY: Californians Would Pay $1.9 Billion More For Insurance If Congress Passes Border Adjustment Tax

Californians would face $1.9 billion in higher insurance costs if Congress passes a border adjustment tax as part of federal tax reform, according to a new study released today by the R Street Institute and the Pacific Research Institute. This tax would make it virtually impossible for U.S. insurers to ...
Business & Economics

Despite Budget Action, Much Work Remains to Solve State’s Pension Crisis

Anyone worried about an earthquake plunging California into the sea should be more concerned about what is really sinking the state: the cost of public-employee pensions. In the just-enacted 2017-18 state budget, about $8 billion of the state government’s $183 billion spending package will go to the California Public Employees’ Retirement ...
Business & Economics

Is California Losing Its Edge On Innovation?

By some measures, the competition among the states to attract business and new residents has never been more robust. With easier and less expensive travel options, increasingly ubiquitous high-speed broadband and more flexible work conditions, companies can locate their operations anywhere. The future of good jobs and robust careers will ...
Business & Economics

Empower The Private Sector To Close The Infrastructure Funding Gap

If you believe the civil engineers, then on top of current planned expenditures, the U.S. needs an additional $5.2 trillion in investment into the nation’s roads, water systems, electric grids, ports & waterways, and airports between now and 2040. While such investments may be imperative, the ability of the government ...
Business & Economics

Assembly Bill 20 Would Worsen California’s Public Pension Crisis

The average credit card debt in 2016 was $16,048 per household that carries a balance. Paying off this debt is an important financial goal. Obviously, this beneficial goal would be more difficult to meet if the Legislature imposed arbitrary restrictions on the types of jobs households with credit card debts ...
Government Spending

Senate Republicans Release Their Obamacare Replacement Plan

Senate Republicans on Thursday announced a wide-ranging plan to roll back the Affordable Care Act, with features that include a dramatic reduction in government spending that could mean millions more Americans will be left uninsured. The plan, unveiled by Senate Majority Leader Mitch McConnell and his team after working on ...
Business & Economics

Policymakers Ignore Long-Term Consequences Of California Minimum Wage Hike

They were warned and they knew better but they did it nonetheless. It’s become the California Way. Continually legislate, never bother to contemplate. In 1992, economists David Card and Alan B. Krueger published a National Bureau of Economic Research paper that claimed, “Relative to stores in Pennsylvania, fast food restaurants ...
Business & Economics

New PRI Issue Brief Finds Government Policies Have Strangled State’s Housing Market, Made Housing Unaffordable

Big government policies and political constraints are the primary causes for rising California home prices and lack of supply, according to the findings of a new “California Ideas in Action” issue brief released today by the non-partisan Pacific Research Institute. Reforms to open California’s housing market are recommended as the ...
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