New Issue Brief: Biopharma Drug Makers Are Not the Most Profitable Players in Health Care
Pacific Research Institute
January 21, 2026
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
Pacific Research Institute
January 7, 2026
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 ...
Open, Competitive Market Will Make Trump’s Health Plan Great
Sally C. Pipes
January 30, 2026
President Trump’s recently released Great Healthcare Plan offers several welcome reforms. It endeavors to put patients first by fostering greater price transparency and taking steps to lower health insurance premiums. Its approach to prescription drug policy is a bit more ...
CMS Officials Are Undermining Trump’s Push For Affordable Drugs
Sally C. Pipes
January 30, 2026
Officials at the Centers for Medicare and Medicaid Services just undermined President Trump’s efforts to make prescription drugs more affordable. Earlier this week, CMS announced the next 15 medicines that will face price caps under Medicare’s Drug Price “Negotiation” Program, ...
Congestion in 2025: US cities fare well by international standards
Randal O'Toole
January 30, 2026
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 ...
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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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