Studies
Blog
Spending Watch
A More Effective Safety Net, Not A Basic Income, Will Help Lift People Out of Poverty
A More Effective Safety Net, Not A Basic Income, Will Help Lift People Out of Poverty Wayne Winegarden and Nikhil Agarwal December 2024 2024 was a good year for proponents of a universal basic income (UBI). Following the 2019 experiment in Stockton, UBI pilot programs are underway across cities in ...
Blog
The Gordon Chang Report–Why China Believes Taiwan Is An Existential Threat
READ THE PDF Why China Believes Taiwan is an Existential Threat “The reunification of the motherland is a historical inevitability,” Xi Jinping proclaimed in his 2024 New Year’s address, referring to Taiwan.[1] China’s annexation of Taiwan as its 34th province, however, is by no means guaranteed. So far, Taiwan—officially the ...
Biosimilars
The Biosimilar Promise
Despite Achievements, Barriers That Discourage Biosimilar Use Remain
Despite Achievements, Barriers That Discourage Biosimilar Use Remain By Wayne Winegarden | December 2, 2024 READ PDF Executive Summary The Inflation Reduction Act’s price controls discourage biosimilar development. Payment system inefficiencies, such as the buy-and-bill payment system and rebate walls, disincentivize the use of lower cost biosimilars. Despite the savings ...
Blog
Gas Warfare in California
It took only a few hours after Gov. Gavin Newsom signed a regulatory bill for Phillips 66 to announce that it is closing its Los Angeles refinery complex. Without actually using the words, the company is saying there’s no reason to stick around and be abused. In a ceremony designed ...
Blog
Spending Watch
While National Economic Performance Has Supported State Revenue Growth, Greater Spending Restraint Is Still Required
While National Economic Performance Has Supported State Revenue Growth, Greater Spending Restraint Is Still Required Wayne Winegarden and Nikhil Agarwal November 2024 Three months into the 2024-25 fiscal year, state revenues are outperforming lowered expectations. Should these trends continue, the FY2025-26 budget process may avoid the crushing deficit problem that ...
Blog
Japan’s Ishiba: Time for ‘Asian NATO’ to Counter China and North Korea
READ THE PDF Japan’s Ishiba: Time for ‘Asian NATO’ to Counter China and North Korea “The geopolitical crisis surrounding our country has risen to the point where war could break out at any moment,” Shigeru Ishiba declared in a September 25 article posted on the website of the Hudson Institute, ...
Biosimilars
The Biosimilar Promise
Low-Cost Biosimilars Are Saving Billions, Potential Savings Are Even Greater
Low-Cost Biosimilars Are Saving Billions, Potential Savings Are Even Greater By Wayne Winegarden | October 28, 2024 READ PDF Executive Summary Since 2019, biosimilars have obtained a majority share of most markets where they compete. The combination of lower prices (both biosimilar and originator) and rising market share could ...
Blog
The Gordon Chang Report–Will China’s ‘Doom Loop’ Economy Trigger the Next Great Depression?
READ THE PDF Will China’s ‘Doom Loop’ Economy Trigger the Next Great Depression? “We have faced the worst pandemic since the 1920s, the worst conflict in Europe since the 1940s, and the worst energy shock since the 1970s,” Christine Lagarde said last month to the IMF in Washington. “Two specific ...
Book
New Free Cities Book
Building Cities From Scratch
SACRAMENTO – The plan by a group of San Francisco Bay Area venture capitalists to build an entirely new city on ranch land in Solano County between the Bay Area and Sacramento has become one of the most controversial housing plans in Northern California in years. The East Solano Plan ...
Biosimilars
The Biosimilar Promise
Biosimilars Often Reduce Prices by 50 Percent or More
Biosimilars Often Reduce Prices by 50 Percent or More By Wayne Winegarden | October 1, 2024 READ PDF Executive Summary In the competitive biologic markets, biosimilars have reduced average prices by 56 percent. The lower prices have reduced total expenditures by 51 percent in the competitive biologic markets even though ...
Spending Watch
A More Effective Safety Net, Not A Basic Income, Will Help Lift People Out of Poverty
A More Effective Safety Net, Not A Basic Income, Will Help Lift People Out of Poverty Wayne Winegarden and Nikhil Agarwal December 2024 2024 was a good year for proponents of a universal basic income (UBI). Following the 2019 experiment in Stockton, UBI pilot programs are underway across cities in ...
The Gordon Chang Report–Why China Believes Taiwan Is An Existential Threat
READ THE PDF Why China Believes Taiwan is an Existential Threat “The reunification of the motherland is a historical inevitability,” Xi Jinping proclaimed in his 2024 New Year’s address, referring to Taiwan.[1] China’s annexation of Taiwan as its 34th province, however, is by no means guaranteed. So far, Taiwan—officially the ...
The Biosimilar Promise
Despite Achievements, Barriers That Discourage Biosimilar Use Remain
Despite Achievements, Barriers That Discourage Biosimilar Use Remain By Wayne Winegarden | December 2, 2024 READ PDF Executive Summary The Inflation Reduction Act’s price controls discourage biosimilar development. Payment system inefficiencies, such as the buy-and-bill payment system and rebate walls, disincentivize the use of lower cost biosimilars. Despite the savings ...
Gas Warfare in California
It took only a few hours after Gov. Gavin Newsom signed a regulatory bill for Phillips 66 to announce that it is closing its Los Angeles refinery complex. Without actually using the words, the company is saying there’s no reason to stick around and be abused. In a ceremony designed ...
Spending Watch
While National Economic Performance Has Supported State Revenue Growth, Greater Spending Restraint Is Still Required
While National Economic Performance Has Supported State Revenue Growth, Greater Spending Restraint Is Still Required Wayne Winegarden and Nikhil Agarwal November 2024 Three months into the 2024-25 fiscal year, state revenues are outperforming lowered expectations. Should these trends continue, the FY2025-26 budget process may avoid the crushing deficit problem that ...
Japan’s Ishiba: Time for ‘Asian NATO’ to Counter China and North Korea
READ THE PDF Japan’s Ishiba: Time for ‘Asian NATO’ to Counter China and North Korea “The geopolitical crisis surrounding our country has risen to the point where war could break out at any moment,” Shigeru Ishiba declared in a September 25 article posted on the website of the Hudson Institute, ...
The Biosimilar Promise
Low-Cost Biosimilars Are Saving Billions, Potential Savings Are Even Greater
Low-Cost Biosimilars Are Saving Billions, Potential Savings Are Even Greater By Wayne Winegarden | October 28, 2024 READ PDF Executive Summary Since 2019, biosimilars have obtained a majority share of most markets where they compete. The combination of lower prices (both biosimilar and originator) and rising market share could ...
The Gordon Chang Report–Will China’s ‘Doom Loop’ Economy Trigger the Next Great Depression?
READ THE PDF Will China’s ‘Doom Loop’ Economy Trigger the Next Great Depression? “We have faced the worst pandemic since the 1920s, the worst conflict in Europe since the 1940s, and the worst energy shock since the 1970s,” Christine Lagarde said last month to the IMF in Washington. “Two specific ...
New Free Cities Book
Building Cities From Scratch
SACRAMENTO – The plan by a group of San Francisco Bay Area venture capitalists to build an entirely new city on ranch land in Solano County between the Bay Area and Sacramento has become one of the most controversial housing plans in Northern California in years. The East Solano Plan ...
The Biosimilar Promise
Biosimilars Often Reduce Prices by 50 Percent or More
Biosimilars Often Reduce Prices by 50 Percent or More By Wayne Winegarden | October 1, 2024 READ PDF Executive Summary In the competitive biologic markets, biosimilars have reduced average prices by 56 percent. The lower prices have reduced total expenditures by 51 percent in the competitive biologic markets even though ...
