Studies
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 ...
Blog
Spending Watch
The Governor’s Special Session Will Worsen Gasoline Affordability
The Governor’s Special Session Will Worsen Gasoline Affordability Wayne Winegarden and Kerry Jackson September 2024 The special session called by Governor Gavin Newsom is supposed to save Californians from price gasoline spikes. The governor wants to blame the price spikes on greedy corporations. His accusations are merely a diversion from ...
Blog
The Gordon Chang Report–China: Mastermind of Middle East Turmoil
READ THE PDF On July 23, 14 Palestinian factions, including arch rivals Hamas and Fatah, signed the Beijing Declaration, a unity pact, in the Chinese capital. China’s Global Times, the Communist Party’s semi-official tabloid, termed the deal an “epoch-making event.” In July, Xi Jinping appeared to be driving events in ...
Business & Economics
NEW BRIEF: CalPERS’ Political Agenda Puts Taxpayers and Retirees at Risk with Low Returns, Higher Unfunded Liabilities
SACRAMENTO – CalPERS – which adheres to a politicized Environmental, Social, and Governance (ESG) agenda – is generating lower returns in its investment strategies compared to a more typical investment strategy, finds a new brief released today by the Pacific Research Institute, a non-partisan California-based free market think tank. CalPERS ...
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 ...
Spending Watch
The Governor’s Special Session Will Worsen Gasoline Affordability
The Governor’s Special Session Will Worsen Gasoline Affordability Wayne Winegarden and Kerry Jackson September 2024 The special session called by Governor Gavin Newsom is supposed to save Californians from price gasoline spikes. The governor wants to blame the price spikes on greedy corporations. His accusations are merely a diversion from ...
The Gordon Chang Report–China: Mastermind of Middle East Turmoil
READ THE PDF On July 23, 14 Palestinian factions, including arch rivals Hamas and Fatah, signed the Beijing Declaration, a unity pact, in the Chinese capital. China’s Global Times, the Communist Party’s semi-official tabloid, termed the deal an “epoch-making event.” In July, Xi Jinping appeared to be driving events in ...
NEW BRIEF: CalPERS’ Political Agenda Puts Taxpayers and Retirees at Risk with Low Returns, Higher Unfunded Liabilities
SACRAMENTO – CalPERS – which adheres to a politicized Environmental, Social, and Governance (ESG) agenda – is generating lower returns in its investment strategies compared to a more typical investment strategy, finds a new brief released today by the Pacific Research Institute, a non-partisan California-based free market think tank. CalPERS ...
