Pacific Research Institute

Business & Economics

California Agency Invests $500 Million in The Green Sector

The California Public Employees’ Retirement System (CalPERS) just invested $500 million in market-traded green energy firms, which brings the agency’s investments in clean energy stocks and funds since 2006 to $2.5 billion. A purchasing behemoth, CalPERS manages the retirement accounts of 1.6 million public employees and their families and is ...
Business & Economics

Election makes Laffer less gloomy

Arthur Laffer, one of the more prescient economists of our time and an adviser to President Ronald Reagan, has been a longtime proponent of keeping money in the hands of those who earn it because they are best able to spend in ways that stimulate the economy. In recent years ...
Commentary

Federal lawsuit against BCBSM illustrates Obamacare’s hypocrisy

The new federal health care legislation promotes consolidation among providers and insurers, yet its advocates touted their desire to reduce costs. DOJ says BCBSM’s use of MFNs has reduced competition in the sale of health insurance in markets throughout Michigan by inhibiting hospitals from negotiating competitive contracts with Blue Cross ...
Commentary

School Choice on Trial

School choice plans are proliferating around the nation, and today the Supreme Court will hear a case that could stop them cold on dubious legal grounds. In Arizona Christian School Tuition Organization v. Winn, the question is whether a scholarship tax credit program that has operated in Arizona since 1997 ...
Business & Economics

Unintended Consequences: Eminent Domain:( A Teacher’s Guide)

The Constitution was written to protect individual rights from government power. The Founders believed property rights to be one of the most important individual rights. Eminent Domain is the concept of government taking private property for public use. Fifth Amendment to the Constitution grants the power of eminent domain to ...
Commentary

About California’s Prop 23

On November 2, Californians will have an unprecedented opportunity to vote on a ballot measure that will protect jobs and their quality of life. Proposition 23 would suspend implementation of AB 32, the Global Warming Solutions Act of 2006, until the state’s unemployment rate drops to 5.5 percent or lower ...
Business & Economics

California can’t mess with Texas

A study two years ago found that California substantially lagged behind Texas economically, based on the two states’ taxes, regulatory policies and government spending. That study, performed by the Texas Public Policy Foundation, recently was updated. Not only does California continue to lag but, by comparison, it “has become even ...
Commentary

Economc Study Funded by Prop. 23 backers questioned

The report had a tantalizing hook: “Proposition 23 will create 1.3 million jobs by 2020,” including 150,000 jobs next year. Proponents of the campaign to roll back the state’s landmark greenhouse gas reduction law touted the nonprofit Pacific Research Institute’s study in an Oct. 5 news release as “good news ...
Business & Economics

LaFaive: Give businesses freedom to create jobs

When the price of something goes up, the quantity demanded of it goes down. When government raises the price of creating jobs, investing and living in Michigan, we get less of those things. There’s plenty of evidence to back this common-sense truth. A March 2010 Federal Reserve Bank of St. ...
Business & Economics

Brown’s Tax-the-Rich Mantra Won’t Work

The “w” word used by a Jerry Brown strategist to describe Meg Whitman’s alleged sellout on her pension reform proposals to public safety unions that are endorsing her dominated much of the coverage of the Oct. 12 debate. But far more important to California’s future was Brown’s own sellout to ...
Business & Economics

California Agency Invests $500 Million in The Green Sector

The California Public Employees’ Retirement System (CalPERS) just invested $500 million in market-traded green energy firms, which brings the agency’s investments in clean energy stocks and funds since 2006 to $2.5 billion. A purchasing behemoth, CalPERS manages the retirement accounts of 1.6 million public employees and their families and is ...
Business & Economics

Election makes Laffer less gloomy

Arthur Laffer, one of the more prescient economists of our time and an adviser to President Ronald Reagan, has been a longtime proponent of keeping money in the hands of those who earn it because they are best able to spend in ways that stimulate the economy. In recent years ...
Commentary

Federal lawsuit against BCBSM illustrates Obamacare’s hypocrisy

The new federal health care legislation promotes consolidation among providers and insurers, yet its advocates touted their desire to reduce costs. DOJ says BCBSM’s use of MFNs has reduced competition in the sale of health insurance in markets throughout Michigan by inhibiting hospitals from negotiating competitive contracts with Blue Cross ...
Commentary

School Choice on Trial

School choice plans are proliferating around the nation, and today the Supreme Court will hear a case that could stop them cold on dubious legal grounds. In Arizona Christian School Tuition Organization v. Winn, the question is whether a scholarship tax credit program that has operated in Arizona since 1997 ...
Business & Economics

Unintended Consequences: Eminent Domain:( A Teacher’s Guide)

The Constitution was written to protect individual rights from government power. The Founders believed property rights to be one of the most important individual rights. Eminent Domain is the concept of government taking private property for public use. Fifth Amendment to the Constitution grants the power of eminent domain to ...
Commentary

About California’s Prop 23

On November 2, Californians will have an unprecedented opportunity to vote on a ballot measure that will protect jobs and their quality of life. Proposition 23 would suspend implementation of AB 32, the Global Warming Solutions Act of 2006, until the state’s unemployment rate drops to 5.5 percent or lower ...
Business & Economics

California can’t mess with Texas

A study two years ago found that California substantially lagged behind Texas economically, based on the two states’ taxes, regulatory policies and government spending. That study, performed by the Texas Public Policy Foundation, recently was updated. Not only does California continue to lag but, by comparison, it “has become even ...
Commentary

Economc Study Funded by Prop. 23 backers questioned

The report had a tantalizing hook: “Proposition 23 will create 1.3 million jobs by 2020,” including 150,000 jobs next year. Proponents of the campaign to roll back the state’s landmark greenhouse gas reduction law touted the nonprofit Pacific Research Institute’s study in an Oct. 5 news release as “good news ...
Business & Economics

LaFaive: Give businesses freedom to create jobs

When the price of something goes up, the quantity demanded of it goes down. When government raises the price of creating jobs, investing and living in Michigan, we get less of those things. There’s plenty of evidence to back this common-sense truth. A March 2010 Federal Reserve Bank of St. ...
Business & Economics

Brown’s Tax-the-Rich Mantra Won’t Work

The “w” word used by a Jerry Brown strategist to describe Meg Whitman’s alleged sellout on her pension reform proposals to public safety unions that are endorsing her dominated much of the coverage of the Oct. 12 debate. But far more important to California’s future was Brown’s own sellout to ...
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