Free Trade

Business & Economics

The ITC Empowers Special Interests To The Detriment Of U.S. Prosperity

Policies have consequences, both good and bad. The right policy environment improves our living standards and makes it easier to address the many problems facing the country – from underfunded public pensions to global climate change. The opposite is also true. Anti-growth policies decrease our well-being, impoverishes families, and turns ...
Blog

The High Cost Of Driving In California Is No Accident

How about some gas facts? In late October, the highest price for gasoline in the country was a “mind-numbing $7.59 a gallon” for regular, $8.50 for premium in Gorda, on California’s central coast. The average prices for regular, mid-grade, and premium are highest in California, $4.60, $4.78, and $4.90 a ...
Blog

Biden’s Trade Policy with China

Several possibilities have been offered for how the Biden administration will shift U.S. trade policy including scrapping the Trump trade negotiations with China through executive order and working with Asian allies to pressure China. Much of the Trump administration’s focus on China was conducted through two trade provisions: Section 301 ...
Blog

Beyond the New Normal? Not.

Back in 2017, concerned over the sclerotic growth of the U.S. economy, PRI published a series of studies titled Beyond the New Normal by economist and PRI senior fellow Wayne Winegarden. Up until that point, annual real GDP growth averaged just 1.9 percent since 2001. Many economists, resigned to our ...
Blog

Don’t Take All That Talk About Economic Growth or a Recession to the Bank (Yet)

It seems you can’t scroll through your social media feed or morning newsletter without reading commentary about inverted yield curve and recession. A 2020 economic recession is the talk of political pundits, financial talking heads, and presidential hopefuls, but the verdict is out on whether the longest sustained economic growth ...
Agriculture

Giving In To Big Corn

By Henry I. Miller, M.S., M.D. and Colin A. Carter The Environmental Protection Agency released a final rule on May 30 that opens the door for gasoline to be blended year-round with up to 15 percent ethanol, a mixture called E15. This rule boosts by 50 percent the proportion of ...
Agriculture

If California Wants to Resist, Let’s Start with Trade Policy

Less than 32 percent of California voters who went to the polls on Election Day in 2016 pulled the lever for Donald Trump. These “deplorables” are probably delighted that Hillary Clinton isn’t president and pleased in general with how Trump has governed. Trump’s trade policies, though, should be another matter. ...
Blog

Government Policy, Not Hurricanes, Main Contributor to High California Gas Prices

Download Capital Ideas, October 2017 Gasoline prices spiked more sharply in some states after deadly storms in Texas and Florida than at any time since Hurricane Katrina in 2005. But in California, steep fuel prices are an everyday event. The average gallon of gasoline cost $3.02 in California in August, ...
Agriculture

Readings from the PRI Water Conference

On June 22 in the California State Capital, PRI gathered experts from the Water Foundation, the Public Policy Institute of California, the Association of California Water Agencies, the Environmental Defense Fund, and other organizations to discuss the benefits of a California water market and to highlight the legislative solutions needed ...
Business & Economics

U.S. economy needs free trade

American officials are currently negotiating a free-trade deal known as the Trans-Pacific Partnership with their counterparts in Japan and 11 other Pacific Rim countries. If successful, the benefits to American consumers and producers would be significant. By some estimates, an agreement could grow the U.S. economy by $77 billion a ...
Business & Economics

The ITC Empowers Special Interests To The Detriment Of U.S. Prosperity

Policies have consequences, both good and bad. The right policy environment improves our living standards and makes it easier to address the many problems facing the country – from underfunded public pensions to global climate change. The opposite is also true. Anti-growth policies decrease our well-being, impoverishes families, and turns ...
Blog

The High Cost Of Driving In California Is No Accident

How about some gas facts? In late October, the highest price for gasoline in the country was a “mind-numbing $7.59 a gallon” for regular, $8.50 for premium in Gorda, on California’s central coast. The average prices for regular, mid-grade, and premium are highest in California, $4.60, $4.78, and $4.90 a ...
Blog

Biden’s Trade Policy with China

Several possibilities have been offered for how the Biden administration will shift U.S. trade policy including scrapping the Trump trade negotiations with China through executive order and working with Asian allies to pressure China. Much of the Trump administration’s focus on China was conducted through two trade provisions: Section 301 ...
Blog

Beyond the New Normal? Not.

Back in 2017, concerned over the sclerotic growth of the U.S. economy, PRI published a series of studies titled Beyond the New Normal by economist and PRI senior fellow Wayne Winegarden. Up until that point, annual real GDP growth averaged just 1.9 percent since 2001. Many economists, resigned to our ...
Blog

Don’t Take All That Talk About Economic Growth or a Recession to the Bank (Yet)

It seems you can’t scroll through your social media feed or morning newsletter without reading commentary about inverted yield curve and recession. A 2020 economic recession is the talk of political pundits, financial talking heads, and presidential hopefuls, but the verdict is out on whether the longest sustained economic growth ...
Agriculture

Giving In To Big Corn

By Henry I. Miller, M.S., M.D. and Colin A. Carter The Environmental Protection Agency released a final rule on May 30 that opens the door for gasoline to be blended year-round with up to 15 percent ethanol, a mixture called E15. This rule boosts by 50 percent the proportion of ...
Agriculture

If California Wants to Resist, Let’s Start with Trade Policy

Less than 32 percent of California voters who went to the polls on Election Day in 2016 pulled the lever for Donald Trump. These “deplorables” are probably delighted that Hillary Clinton isn’t president and pleased in general with how Trump has governed. Trump’s trade policies, though, should be another matter. ...
Blog

Government Policy, Not Hurricanes, Main Contributor to High California Gas Prices

Download Capital Ideas, October 2017 Gasoline prices spiked more sharply in some states after deadly storms in Texas and Florida than at any time since Hurricane Katrina in 2005. But in California, steep fuel prices are an everyday event. The average gallon of gasoline cost $3.02 in California in August, ...
Agriculture

Readings from the PRI Water Conference

On June 22 in the California State Capital, PRI gathered experts from the Water Foundation, the Public Policy Institute of California, the Association of California Water Agencies, the Environmental Defense Fund, and other organizations to discuss the benefits of a California water market and to highlight the legislative solutions needed ...
Business & Economics

U.S. economy needs free trade

American officials are currently negotiating a free-trade deal known as the Trans-Pacific Partnership with their counterparts in Japan and 11 other Pacific Rim countries. If successful, the benefits to American consumers and producers would be significant. By some estimates, an agreement could grow the U.S. economy by $77 billion a ...
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