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Business & Economics |
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Latest Studies
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 | National Sunshine Week: New Report Shows How to Bring More Open Government to California
PRI Study
By: Lawrence J. McQuillan, Ph.D March 2011
Study looks at the history, strengths, and weaknesses of open-government laws and practices in California and recommends more than two dozen reforms based on a comparative assessment of California’s laws and practices with those in the other 49 states. | |  | Costs and Consequences: Rate-of-Return Biases, Rate Suppression, and Market Incentives for Quality in Property/Casualty Insurance Regulation
PRI Study
By: Benjamin Zycher, Ph.D on 10.26.2010
The imposition of legal and regulatory constraints on market prices—price controls, or rate suppression in the case of the property/casualty insurance market—is an important tool with which public officials can effect wealth transfers among groups and economic sectors. | |  | No Bang for the Taxpayer’s Buck: Why California Must Reform Spending and Trim Government
PRI Study
By: Jason Clemens on 10.13.2010
California government can do more with fewer taxpayer dollars, according to a new study released today by the Pacific Research Institute (PRI), a free-market think tank based in San Francisco. | |  | The Prospective Effects of Proposition 23 on Employment in California
PRI Study
By: Benjamin Zycher, Ph.D on 10.04.2010
A new study finds that the approval of Proposition 23, suspending the implementation of AB 32, would add nearly 150,000 jobs in California in 2011, more than a half million jobs by 2012, and more than 1.3 million jobs by 2020. | |  | Taxifornia
PRI Study
By: Robert P. Murphy, Ph.D, Jason Clemens on 4.15.2010
California ranked dead last in a combined measure of the state's tax burden and tax structure according to the newly released study, Taxifornia. |  | Pacific Research Institute Releases New Study on Government to Government Lobbying
PRI Study
By: Jason Clemens
3.10.2010
The Pacific Research Institute (PRI), a free-market think tank based in California, released a breakthrough study on taxpayer-funded lobbying, or government to government lobbying.
|  | An Empire Disaster: Why New York's Tort System is Broken and How to Fix It
Study
By: Lawrence J. McQuillan, Ph.D
11.17.2009
This new study of New York’s legal system has concluded that New York’s legal system is the third worst in the country and is costing taxpayers millions of dollars through higher taxes and increased costs for goods, insurance and health care. Savings derived from reforming the system would go a long way towards reducing New York’s multi-billion dollar budget deficit. |  | Assessing the State of the Golden State
California Prosperity Project
By: Robert P. Murphy, Jason Clemens
8.18.2009
California’s labor performance over the last five years is among the worst performing in the nation, ranking 48th and besting only Michigan and Mississippi. The ranking was published in the new study “Assessing the State of the Golden State.” |  | California Enterprise Value Index
PRI Study
By: Lawrence J. McQuillan, Ph.D
7.20.2009
The California Enterprise Value Index is a measure of the enterprise value (EV) of publicly traded companies headquartered in California relative to the EV of all U.S. publicly traded companies. This is the first measure in an ongoing series. |  | Tort Law Tally
PRI Study
By: Lawrence J. McQuillan, Ph.D, Hovannes Abramyan, Nicole V. Crain, W. Mark Crain
4.30.2009
The Pacific Research Institute (PRI), a free-market think tank based in California, released Tort Law Tally, a new report identifying which state tort reforms reduce tort losses and tort insurance premiums the most.
|  | The Sizzle of Economic Freedom: How Economic Freedom Helps You and Why You Should Demand More
PRI Publication
By: Lawrence J. McQuillan, Ph.D, Robert P. Murphy
1.7.2009
The Sizzle of Economic Freedom: How Economic Freedom Helps You and Why You Should Demand More, highlights the best scholarly studies measuring the benefits of economic freedom. In producing the study, the authors chose the most recent and academically rigorous peer-reviewed studies in top academic journals. |  | U.S. Economic Freedom Index: 2008 Report
By: Lawrence J. McQuillan, Ph.D, Eric Daniels, Brent M. Eastwood, Michael T. Maloney
9.16.2008
The Pacific Research Institute, in association with Forbes magazine, has released another edition of its U.S. Economic Freedom Index, one of the few scholarly analyses and rankings of U.S. states based on how friendly or unfriendly state government policies are toward free enterprise and consumer choice. Read the study | Press Release | Features Page
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| Burdening Foundations: Economic Costs of Assembly Bill 624
PRI Publication
By: Jason Clemens, Lawrence J. McQuillan, Ph.D, K. Lloyd Billingsley, Adam Frey
6.1.2008 As California goes, so goes the nation. California is now leading the quest to impose new racial and gender reporting requirements on foundations as well as the charities that receive grants from them and the businesses that work with them. Such legislation will have national consequences as the framework is already being discussed in Washington, D.C. It is therefore critical that the costs associated with such reporting requirements be understood in advance. | 
| Ending the Revenue Rollercoaster - The Benefits of a Three Percent Flat Tax in California
By: Robert P. Murphy, Lawrence J. McQuillan, Ph.D
5.11.2008
The Pacific Research Institute (PRI), a free-market think tank based in California, today released the results of a study to determine a revenue-neutral flat income tax rate for California. The report found that a 3 percent flat income tax for all Californians would help smooth the revenue rollercoaster from economic booms and busts – a factor that is largely responsible for California’s budget deficit, which could grow to $20 billion in the next fiscal year, according to Governor Arnold Schwarzenegger.
Read the study | Press Release
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| U.S. Tort Liability Index: 2008 Report
By: Lawrence J. McQuillan, Ph.D, Hovannes Abramyan
3.11.2008
The U.S. Tort Liability Index: 2008 Report measures the best and worst tort systems in America. The Pacific Research Institute developed the Index as a tool for governors and state legislators to assess their tort systems and to enact laws that will improve the business climates of their states. Read the study | Factsheet | Press Release | Features Page | 
| Jackpot Justice: The True Cost of America's Tort System
By Lawrence J. McQuillan, Hovannes Abramyan, and Anthony P. Archie America’s out-of-control legal system imposes a staggering economic cost of over $865 billion every year according to a new scholarly study released today by the Pacific Research Institute (PRI) a free-market think tank based in San Francisco, California. This figure is 27 times more than the federal government spends on homeland security, 30 times what the National Institutes of Health dedicate to finding cures for deadly diseases, and 13 times the amount the U.S. Department of Education spends to help educate America’s children. Read the study | Factsheet | Press Release | Video Test Your Tort Literacy Response to Judge Richard Posner's Commentary on Jackpot Justice |  | Tort Liability Index: 2006 Report
By Lawrence J. McQuillan and Hovannes Abramyan In the competition for jobs and capital investment among the states, those states that suffer from high tort costs will continue to lose jobs and businesses to states with superior tort systems, according to a new report released today by the Pacific Research Institute (PRI), a free-market think tank based in California. The U.S. Tort Liability Index: 2006
Report ranks all 50 states in terms of relative tort burdens and relative tort reforms. Read the study | Press Release | Features Page | Media Coverage |  | U.S. Economic Freedom Index: 2004 Report
By: Lawrence J. McQuillan, Ph.D, Ying Huang, Robert McCormick
11.1.2004
While many of the negative consequences of government intervention at the federal level have been well documented, the consequences at the state level have received much less attention. PRI’s U.S. Economic Freedom Index: 2004 Report ranks each of America’s 50 states according to their level of economic freedom. The report examines data from five areas of government intervention in markets: fiscal, regulatory, judicial, size of government, and welfare. State by State Summaries | Press Release | HTML Study |
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