Studies

Book

America’s Smaller Cities Hold Big Answers for Urban Revival, New PRI Booklet Finds

As policymakers search for answers to the growing challenges facing America’s largest cities, a new study from the Pacific Research Institute – the California-based, nonpartisan, free market think tank – suggests they may be looking in the wrong places. PRI’s Free Cities Center today released Urban Policy Beyond the Nation’s ...
Blog

The Gordon Chang Report–A New Phase of the North Korean Threat

READ THE PDF A New Phase of the North Korean Threat On March 20, Iran launched two intermediate-range ballistic missiles from its territory to Diego Garcia, the joint U.K.-U.S. military base in the Indian Ocean. Fortunately, both missed. Analysts were surprised that Tehran’s regime possessed a missile that could reach ...
Business & Economics

New PRI Study Finds California Job Growth Lags Nation, High Costs Turn State’s Income Advantage into 35% Deficit

A new study released today by the Pacific Research Institute finds that California’s economic performance has fallen sharply behind the rest of the nation, with job growth since the COVID-19 pandemic at less than half the national rate, while the state’s high cost of living is erasing its income advantage. ...
Blog

Spending Watch

Spending Watch: Stock Market Volatility Is a Growing Threat to California’s Upcoming Budget

Stock Market Volatility Is a Growing Threat to California’s Upcoming Budget Wayne Winegarden March 2026 Warren Buffett famously noted that “when the tide goes out, you discover who’s been swimming naked.” Heeding Buffet’s wisdom, we will soon discover whether Governor Newsom and state legislative leaders are in need of some ...
Blog

Spending Watch

Spending Watch: Californians Will Pay a High Price for Tom Steyer’s “Split-Role” Proposal

Californians Will Pay a High Price for Tom Steyer’s “Split-Role” Proposal Wayne Winegarden March 2026 Gubernatorial candidate Tom Steyer supports “a special election to raise corporate taxes in his first year as governor.” Specifically, he favors removing the Proposition 13 tax limitations for commercial properties – an idea referred to ...
Health Care

ISSUE BRIEF: Government Policy Is Consolidating the Practice of Medicine

Read the Brief A new issue brief released today by the Pacific Research Institute—the California-based, nonpartisan, free market think tank—finds that certain states’ efforts to tighten corporate practice of medicine laws hurt independent physicians, empower hospitals to consolidate local provider markets, and raise healthcare costs. “Competition is a prerequisite for ...
Blog

The Gordon Chang Report–Arctic: The Next Cold War

READ THE PDF Arctic: The Next Cold War “You have Russian destroyers and submarines and China destroyers and submarines all over the place,” President Donald Trump said in January, referring to the Arctic. Hostile powers are just about everywhere at the top of the world. In late summer 2015, five ...
Drug Prices

ISSUE BRIEF: Biopharma Drug Makers Are Not the Most Profitable Players in Health Care

A new issue brief released by the Center for Medical Economics and Innovation at the nonpartisan Pacific Research Institute finds that innovative drug manufacturers earn some of the lowest risk-adjusted returns in the U.S. health care system, despite making the largest investments in research and development. The findings challenge the ...
Drug Prices

PRI Files Amicus Brief in Major Supreme Court Case That Could Upend Future Medical Innovation Nationwide

SACRAMENTO – California-based free market think tank the Pacific Research Institute announced today that it has filed an amicus curiae brief urging the U.S. Supreme Court to hear two cases challenging the federal government’s new prescription drug pricing program enacted under the Inflation Reduction Act. The cases, Janssen Pharmaceuticals, Inc. ...
Blog

The Gordon Chang Report–Is This the End of the Atlantic Alliance?

READ THE PDF Is This the End of the Atlantic Alliance? BYD Co., the world’s largest maker of electric vehicles, reported that sales in August increased 0.2% from the same month last year. That rate was down from July’s year-on-year increase of 0.6% and the 12.0% jump in June. The company’s ...
Book

America’s Smaller Cities Hold Big Answers for Urban Revival, New PRI Booklet Finds

As policymakers search for answers to the growing challenges facing America’s largest cities, a new study from the Pacific Research Institute – the California-based, nonpartisan, free market think tank – suggests they may be looking in the wrong places. PRI’s Free Cities Center today released Urban Policy Beyond the Nation’s ...
Blog

The Gordon Chang Report–A New Phase of the North Korean Threat

READ THE PDF A New Phase of the North Korean Threat On March 20, Iran launched two intermediate-range ballistic missiles from its territory to Diego Garcia, the joint U.K.-U.S. military base in the Indian Ocean. Fortunately, both missed. Analysts were surprised that Tehran’s regime possessed a missile that could reach ...
Business & Economics

New PRI Study Finds California Job Growth Lags Nation, High Costs Turn State’s Income Advantage into 35% Deficit

A new study released today by the Pacific Research Institute finds that California’s economic performance has fallen sharply behind the rest of the nation, with job growth since the COVID-19 pandemic at less than half the national rate, while the state’s high cost of living is erasing its income advantage. ...
Blog

Spending Watch

Spending Watch: Stock Market Volatility Is a Growing Threat to California’s Upcoming Budget

Stock Market Volatility Is a Growing Threat to California’s Upcoming Budget Wayne Winegarden March 2026 Warren Buffett famously noted that “when the tide goes out, you discover who’s been swimming naked.” Heeding Buffet’s wisdom, we will soon discover whether Governor Newsom and state legislative leaders are in need of some ...
Blog

Spending Watch

Spending Watch: Californians Will Pay a High Price for Tom Steyer’s “Split-Role” Proposal

Californians Will Pay a High Price for Tom Steyer’s “Split-Role” Proposal Wayne Winegarden March 2026 Gubernatorial candidate Tom Steyer supports “a special election to raise corporate taxes in his first year as governor.” Specifically, he favors removing the Proposition 13 tax limitations for commercial properties – an idea referred to ...
Health Care

ISSUE BRIEF: Government Policy Is Consolidating the Practice of Medicine

Read the Brief A new issue brief released today by the Pacific Research Institute—the California-based, nonpartisan, free market think tank—finds that certain states’ efforts to tighten corporate practice of medicine laws hurt independent physicians, empower hospitals to consolidate local provider markets, and raise healthcare costs. “Competition is a prerequisite for ...
Blog

The Gordon Chang Report–Arctic: The Next Cold War

READ THE PDF Arctic: The Next Cold War “You have Russian destroyers and submarines and China destroyers and submarines all over the place,” President Donald Trump said in January, referring to the Arctic. Hostile powers are just about everywhere at the top of the world. In late summer 2015, five ...
Drug Prices

ISSUE BRIEF: Biopharma Drug Makers Are Not the Most Profitable Players in Health Care

A new issue brief released by the Center for Medical Economics and Innovation at the nonpartisan Pacific Research Institute finds that innovative drug manufacturers earn some of the lowest risk-adjusted returns in the U.S. health care system, despite making the largest investments in research and development. The findings challenge the ...
Drug Prices

PRI Files Amicus Brief in Major Supreme Court Case That Could Upend Future Medical Innovation Nationwide

SACRAMENTO – California-based free market think tank the Pacific Research Institute announced today that it has filed an amicus curiae brief urging the U.S. Supreme Court to hear two cases challenging the federal government’s new prescription drug pricing program enacted under the Inflation Reduction Act. The cases, Janssen Pharmaceuticals, Inc. ...
Blog

The Gordon Chang Report–Is This the End of the Atlantic Alliance?

READ THE PDF Is This the End of the Atlantic Alliance? BYD Co., the world’s largest maker of electric vehicles, reported that sales in August increased 0.2% from the same month last year. That rate was down from July’s year-on-year increase of 0.6% and the 12.0% jump in June. The company’s ...
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