Business & Economics

Business & Economics

Dr. Wayne Winegarden Discusses Prop. 55 On Kgo-Am

PRI Senior Fellow Dr. Wayne Winegarden appeared on The Ethan Bearman Show on KGO-AM to discuss the fiscal consequences of California’s Proposition 55 — the state ballot initiative that would extend the “temporary” personal income tax increases enacted in 2012 on earnings over $250,000. As Dr. Winegarden explains, California needs ...
Business & Economics

Consumers and Grocers Would Benefit Most By Preserving Bag Tradition

Grocery shopping in California isn’t what it used to be. Traditionally, customers carried their items away in paper bags provided by the store through an unspoken, but well-established and always understood, contract between seller and buyer. But then government got involved and turned a simple transaction into an irksome task. ...
Business & Economics

Reformed Public Pensions Can Still Be Generous

As documented in a September 18, 2016 story in the L.A. Times, the problem of California’s unfunded public pensions has reached crisis proportions. The state controller’s office estimates that the total unfunded liabilities of the state and local public pension systems are $241.3 billion. But this assumes an annual return ...
Business & Economics

In California Pension Casino, Taxpayers Going Bust

California has a state pension problem that defies partisan politics. It’s not about Hillary vs. Donald, it’s about math. Past pension promises may exceed the potential for pension asset growth. Whether we are currently or were former California residents, as I am, we all want California to prosper. We want ...
Business & Economics

CAPITAL IDEAS: Reforming California’s Pension System

California governments owe their current and future retirees maybe as much as $600 billion. But the governments aren’t going to pay. Taxpayers will be handed the bill, and in some cities, each household is on the hook for more than $50,000. In at least one municipality, the household share of ...
Business & Economics

Cigarette Tax Hike Initiative A Bridge Too Far

It seems there is a never-ending war on “sin” and a desire by some to try and tax it away. This includes higher taxes on snacks and cigarettes, among other items. As to the latter item, California voters will weigh in with a November ballot proposal to hike California’s cigarette ...
Business & Economics

Public employee pensions an enormous problem

In January 2013, Gov. Jerry Brown bragged about the state’s new commitment to fiscal responsibility. He talked about “living within our means and not spending what we don’t have.” A year later, in his State of the State address, Brown insisted that “fiscal discipline is not the enemy of our ...
Business & Economics

Proposed Regulatory Expansion Threatens The Education Market

The federal government has taken over the student loan market and currently guarantees (or directly holds) about 90 percent of the 40 million student loans valued in excess of $1.2 trillion. The millions of people at risk of defaulting on this huge student loan portfolio is a large and growing ...
Business & Economics

Improving the Incentive to Innovate

PRI Releases New Brief on the Benefits of Improving Incentives for Health Care Innovations San Francisco, June 22, 2015 – The Pacific Research Institute, a non-partisan, non-profit think tank based in San Francisco, today announced the release of a new brief: “Improving the Incentive to Innovate: An Important Benefit of ...
Business & Economics

By Killing Off Ride-Sharing, Austin Puts It In Reverse

“Keep Austin Weird” is a slogan dreamed up by the Texas city’s independent business alliance to promote local businesses and to keep national corporations out of the city. By recently regulating ride-sharing companies out of business, Austin became more than just weird — it’s now perfectly unique. The supposed tech ...
Business & Economics

Dr. Wayne Winegarden Discusses Prop. 55 On Kgo-Am

PRI Senior Fellow Dr. Wayne Winegarden appeared on The Ethan Bearman Show on KGO-AM to discuss the fiscal consequences of California’s Proposition 55 — the state ballot initiative that would extend the “temporary” personal income tax increases enacted in 2012 on earnings over $250,000. As Dr. Winegarden explains, California needs ...
Business & Economics

Consumers and Grocers Would Benefit Most By Preserving Bag Tradition

Grocery shopping in California isn’t what it used to be. Traditionally, customers carried their items away in paper bags provided by the store through an unspoken, but well-established and always understood, contract between seller and buyer. But then government got involved and turned a simple transaction into an irksome task. ...
Business & Economics

Reformed Public Pensions Can Still Be Generous

As documented in a September 18, 2016 story in the L.A. Times, the problem of California’s unfunded public pensions has reached crisis proportions. The state controller’s office estimates that the total unfunded liabilities of the state and local public pension systems are $241.3 billion. But this assumes an annual return ...
Business & Economics

In California Pension Casino, Taxpayers Going Bust

California has a state pension problem that defies partisan politics. It’s not about Hillary vs. Donald, it’s about math. Past pension promises may exceed the potential for pension asset growth. Whether we are currently or were former California residents, as I am, we all want California to prosper. We want ...
Business & Economics

CAPITAL IDEAS: Reforming California’s Pension System

California governments owe their current and future retirees maybe as much as $600 billion. But the governments aren’t going to pay. Taxpayers will be handed the bill, and in some cities, each household is on the hook for more than $50,000. In at least one municipality, the household share of ...
Business & Economics

Cigarette Tax Hike Initiative A Bridge Too Far

It seems there is a never-ending war on “sin” and a desire by some to try and tax it away. This includes higher taxes on snacks and cigarettes, among other items. As to the latter item, California voters will weigh in with a November ballot proposal to hike California’s cigarette ...
Business & Economics

Public employee pensions an enormous problem

In January 2013, Gov. Jerry Brown bragged about the state’s new commitment to fiscal responsibility. He talked about “living within our means and not spending what we don’t have.” A year later, in his State of the State address, Brown insisted that “fiscal discipline is not the enemy of our ...
Business & Economics

Proposed Regulatory Expansion Threatens The Education Market

The federal government has taken over the student loan market and currently guarantees (or directly holds) about 90 percent of the 40 million student loans valued in excess of $1.2 trillion. The millions of people at risk of defaulting on this huge student loan portfolio is a large and growing ...
Business & Economics

Improving the Incentive to Innovate

PRI Releases New Brief on the Benefits of Improving Incentives for Health Care Innovations San Francisco, June 22, 2015 – The Pacific Research Institute, a non-partisan, non-profit think tank based in San Francisco, today announced the release of a new brief: “Improving the Incentive to Innovate: An Important Benefit of ...
Business & Economics

By Killing Off Ride-Sharing, Austin Puts It In Reverse

“Keep Austin Weird” is a slogan dreamed up by the Texas city’s independent business alliance to promote local businesses and to keep national corporations out of the city. By recently regulating ride-sharing companies out of business, Austin became more than just weird — it’s now perfectly unique. The supposed tech ...
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