New 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 ...
Watch PRI’s interview with Rick Caruso – one year after the wildfires
In this special Free Cities Center interview, Rick Caruso – founder and executive chairman of Caruso, longtime civic and philanthropic leader in Los Angeles and former mayor candidate – discusses LA’s rebuilding efforts one year after the wildfires. He shares ...
Congestion in 2025: US cities fare well by international standards
Congestion in 2025: US cities fare well by international standards When measured by the amount of hours each commuter wastes in traffic per year, Lima, Peru, was the most congested city in the world in 2025, according to TomTom’s traffic index ...
California’s urban-mobility plan: more of what’s not working
A glaring example of such obtuseness is the report recently issued by the California State Transportation Agency’s Transit Transformation Task Force. Established by “the transit recovery package signed by Gov. Gavin Newsom as part of the 2023-24 state budget,” the ...
Tough Times Ahead for California in 2026
But he won’t be alone. Difficult times are ahead for all Californians. According to Indian government data, that country’s GDP has reached $4.18 trillion in U.S. dollars. By 2030, India’s GDP is projected to be $7.3 trillion. The most recent numbers from the International Monetary Fund, posted ...
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Sexual Assault at California’s Colleges and Universities: A Policy and Public Safety Issue
California Campus Data Clery data from California’s largest universities illustrate the scale of the issue: UC Berkeley and UCLA each reported 61 rapes in 2023. When ...
What’s Killing Our Kids? It’s Not Alcohol.
Four decades later, the promised benefits are difficult to find. In California, arrests of underage drivers for driving under the influence are exceedingly rare. In ...
How can we make drugs more affordable without sacrificing future cures?
How can we make drugs more affordable without sacrificing future cures? To a large extent, the current system works fairly well already to make most ...
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The Pacific Research Institute for Public Policy promotes the principles of individual freedom and personal responsibility. The Institute believes these principles are best encouraged through policies that emphasize a free economy, private initiative, and limited government.
Worthy policy goals with such broad impact are not easily attained, and they require sustained effort and struggle. Together with its alliance of dedicated supporters, PRI is committed to leading the way toward a more free and prosperous future for all.
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Congress Must Prioritize Patients, Not Insurers, In Renewed Healthcare Debate