Pacific Research Institute

Drug Prices

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 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. ...
California

PRI All Stars Analyze Governor Newsom’s 2026-27 Budget Plan

This week, PRI’s team of policy experts – Wayne Winegarden, Steve Smith, and Lance Izumi – join Tim to analyze Gov. Newsom’s budget priorities and explore whether his final state budget plan is sustainable or if it sets the state on a perilous fiscal course.  They also discuss whether Newsom ...
California

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 his thoughts on policy and politician-created impediments to swift rebuilding, ...
Free Cities

Rick Caruso – One Year After the Wildfires, Are We Rebuilding a Stronger LA?

This week, we present a special Free Cities Center interview with Rick Caruso – founder and executive chairman of Caruso, longtime Los Angeles civic and philanthropic leader and former mayoral candidate. Mr. Caruso discusses LA’s rebuilding efforts one year after the wildfires.  He also shares his thoughts on policy and ...
Blog

Revisiting an age-old issue: How good is zoning?

Revisiting an age-old issue: How good is zoning? By R.C. Hoiles | December 26, 2025 As we approach the nation’s 250th anniversary, the Pacific Research Institute is spotlighting leading Western thinkers in the nation’s history. This column was written by  The Orange County Register publisher and president of Freedom Communications ...
California

The PRI All Stars 2025 Year End Awards

With the holiday season upon us, it’s time for our annual PRI All Stars Year End Awards. Listen as Tim Anaya, Rowena Itchon, Lance Izumi, Kerry Jackson and Matt Fleming share their picks for the year’s biggest winners and losers in California politics and policy, and even offer a few ...
Business & Economics

Mark Skousen – The Greatest American

Nationally known investment expert, economist, Chapman University professor and author of more than 25 books Mark Skousen joins us to discuss his latest book, The Greatest American, on his distant relative, Benjamin Franklin.  We talk about Franklin’s legacy in science, business, economics, politics, and diplomacy, and ponder what Franklin would ...
California

Thien Ho – The People vs. The Golden State Killer

Sacramento County District Attorney Thien Ho joins us this week to discuss his terrific new book chronicling his role prosecuting the elusive Golden State Killer. We talk about how his upbringing fleeing Communism in Vietnam fuels his passion for seeking justice for crime victims, the many challenges in prosecuting Joseph ...
Health Care

Sally Pipes – On the Health Care Debate in Washington

This week, PRI President, CEO and Thomas W. Smith Fellow in Health Care Policy Sally Pipes is back to discuss the debate over extending the expanded Obamacare subsidies that was at the heart of the recent government shutdown.  She also discusses the market-based reforms that conservatives in Congress should be ...
Drug Prices

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 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. ...
California

PRI All Stars Analyze Governor Newsom’s 2026-27 Budget Plan

This week, PRI’s team of policy experts – Wayne Winegarden, Steve Smith, and Lance Izumi – join Tim to analyze Gov. Newsom’s budget priorities and explore whether his final state budget plan is sustainable or if it sets the state on a perilous fiscal course.  They also discuss whether Newsom ...
California

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 his thoughts on policy and politician-created impediments to swift rebuilding, ...
Free Cities

Rick Caruso – One Year After the Wildfires, Are We Rebuilding a Stronger LA?

This week, we present a special Free Cities Center interview with Rick Caruso – founder and executive chairman of Caruso, longtime Los Angeles civic and philanthropic leader and former mayoral candidate. Mr. Caruso discusses LA’s rebuilding efforts one year after the wildfires.  He also shares his thoughts on policy and ...
Blog

Revisiting an age-old issue: How good is zoning?

Revisiting an age-old issue: How good is zoning? By R.C. Hoiles | December 26, 2025 As we approach the nation’s 250th anniversary, the Pacific Research Institute is spotlighting leading Western thinkers in the nation’s history. This column was written by  The Orange County Register publisher and president of Freedom Communications ...
California

The PRI All Stars 2025 Year End Awards

With the holiday season upon us, it’s time for our annual PRI All Stars Year End Awards. Listen as Tim Anaya, Rowena Itchon, Lance Izumi, Kerry Jackson and Matt Fleming share their picks for the year’s biggest winners and losers in California politics and policy, and even offer a few ...
Business & Economics

Mark Skousen – The Greatest American

Nationally known investment expert, economist, Chapman University professor and author of more than 25 books Mark Skousen joins us to discuss his latest book, The Greatest American, on his distant relative, Benjamin Franklin.  We talk about Franklin’s legacy in science, business, economics, politics, and diplomacy, and ponder what Franklin would ...
California

Thien Ho – The People vs. The Golden State Killer

Sacramento County District Attorney Thien Ho joins us this week to discuss his terrific new book chronicling his role prosecuting the elusive Golden State Killer. We talk about how his upbringing fleeing Communism in Vietnam fuels his passion for seeking justice for crime victims, the many challenges in prosecuting Joseph ...
Health Care

Sally Pipes – On the Health Care Debate in Washington

This week, PRI President, CEO and Thomas W. Smith Fellow in Health Care Policy Sally Pipes is back to discuss the debate over extending the expanded Obamacare subsidies that was at the heart of the recent government shutdown.  She also discusses the market-based reforms that conservatives in Congress should be ...
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