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Wayne Winegarden, Author at Pacific Research Institute

Wayne Winegarden

Commentary

Calling Out The ESG Bait And Switch

The bait and switch that Environmental, Social, and Governance (ESG) activists have been peddling for too long is coming into focus. Activist investors claim they submit ESG proposals at annual meetings to improve corporate profitability. All too often, these proposals are attempts to hijack the corporate governance process to implement ...
Business & Economics

Nippon Steel’s Purchase Of U.S. Steel Will Improve The Economy

There has been a rare showing of bipartisanship over the past month; unfortunately, the consensus is founded on economic myths that, if acted upon, would cost jobs, increase inflationary pressures, and weaken economic growth. At issue is Nippon Steel’s offer to purchase U.S. Steel for $14.9 billion – a surprisingly ...
Commentary

Read how our broken immigration system is affecting healthcare

Limited Visas Hinder Hospitals Ability To Curb Nursing Shortfall

Covid-19 burnout and understaffed hospital wards have taken their toll on the nursing profession. An April 2023 study found that overworked nursing professionals and understaffing have driven “an overall 3.3% decline in the U.S. nursing workforce during the past 2 years.” While some argue that the term shortage is not appropriate because the number ...
Business & Economics

Wayne Winegarden calls Newsom’s budget proposal a “bunch of budget gimmicks” in The Center Square

California proposes mere $8.5 billion spending cut against $68 billion deficit By Kenneth Schrupp “[The governor’s plan] seems to be a combination of some spending cuts and a bunch of budget gimmicks,” said Pacific Research Institute Senior Fellow for Business and Economics Wayne Winegarden in an interview with The Center ...
Business & Economics

Read an analysis of the 2024-25 CA proposed budget

Gov. Newsom’s proposed budget fails the moment

Governor Gavin Newsom is wrong. His proposed budget is not “resilient;” it demonstrates an inability to learn the lessons from California’s volatile budget history. The crippling deficit is merely one manifestation of the broader crisis. Newsom estimates a $37.9 billion deficit, about one-half of the nonpartisan Legislative Analyst Office’s (LAO) ...
Commentary

The Rising Costs From Monopoly Utilities And Excessive Energy Mandates

The onset of Winter is once again highlighting the electric grid’s declining reliability. But unlike the cold Winter, a less reliable grid is not inevitable. It is a self-inflicted problem caused by monopoly electricity providers and growing renewable energy mandates that thwart competitive power markets. Instead of creating incentives to ...
Blog

Read how Biden plan would hurt medical innovation

The Biden Administration Abuses Inflation to Attack Medical Innovation

It is theoretically bankrupt because price changes for individual goods and services reflect unique market factors in addition to broad-based inflation trends. There is no reason to expect any good’s price changes to always equal the average of all price changes (e.g., measured inflation). For instance, a deep frost that ...
Commentary

Giving The Gov’t Drug Patent March-In Authority Is Bad Policy

In early December, the Biden administration announced a proposal on exercising march-in rights on taxpayer-funded drugs and other inventions that allows prices to “be a factor in considering whether a drug is accessible to the public.” This is a terrible idea. As the Congressional Research Service summarized, it is an ...
Drug Innovation

Watch Wayne Winegarden Discuss President Biden’s Plan to Seize Drug Patents on NTD News

Blog

Read about latest state homeless spending

Newsom Homeless Encampment Plan an Overly Costly Solution at Best

More likely, the $300 million that the Governor wants to spend will barely make a dent in the state’s worst in the country homeless problem. The reason: this $300 million is still adhering to the costly yet ineffective Housing First approach. According to the Notice of Funding Availability, which defines how ...
Commentary

Calling Out The ESG Bait And Switch

The bait and switch that Environmental, Social, and Governance (ESG) activists have been peddling for too long is coming into focus. Activist investors claim they submit ESG proposals at annual meetings to improve corporate profitability. All too often, these proposals are attempts to hijack the corporate governance process to implement ...
Business & Economics

Nippon Steel’s Purchase Of U.S. Steel Will Improve The Economy

There has been a rare showing of bipartisanship over the past month; unfortunately, the consensus is founded on economic myths that, if acted upon, would cost jobs, increase inflationary pressures, and weaken economic growth. At issue is Nippon Steel’s offer to purchase U.S. Steel for $14.9 billion – a surprisingly ...
Commentary

Read how our broken immigration system is affecting healthcare

Limited Visas Hinder Hospitals Ability To Curb Nursing Shortfall

Covid-19 burnout and understaffed hospital wards have taken their toll on the nursing profession. An April 2023 study found that overworked nursing professionals and understaffing have driven “an overall 3.3% decline in the U.S. nursing workforce during the past 2 years.” While some argue that the term shortage is not appropriate because the number ...
Business & Economics

Wayne Winegarden calls Newsom’s budget proposal a “bunch of budget gimmicks” in The Center Square

California proposes mere $8.5 billion spending cut against $68 billion deficit By Kenneth Schrupp “[The governor’s plan] seems to be a combination of some spending cuts and a bunch of budget gimmicks,” said Pacific Research Institute Senior Fellow for Business and Economics Wayne Winegarden in an interview with The Center ...
Business & Economics

Read an analysis of the 2024-25 CA proposed budget

Gov. Newsom’s proposed budget fails the moment

Governor Gavin Newsom is wrong. His proposed budget is not “resilient;” it demonstrates an inability to learn the lessons from California’s volatile budget history. The crippling deficit is merely one manifestation of the broader crisis. Newsom estimates a $37.9 billion deficit, about one-half of the nonpartisan Legislative Analyst Office’s (LAO) ...
Commentary

The Rising Costs From Monopoly Utilities And Excessive Energy Mandates

The onset of Winter is once again highlighting the electric grid’s declining reliability. But unlike the cold Winter, a less reliable grid is not inevitable. It is a self-inflicted problem caused by monopoly electricity providers and growing renewable energy mandates that thwart competitive power markets. Instead of creating incentives to ...
Blog

Read how Biden plan would hurt medical innovation

The Biden Administration Abuses Inflation to Attack Medical Innovation

It is theoretically bankrupt because price changes for individual goods and services reflect unique market factors in addition to broad-based inflation trends. There is no reason to expect any good’s price changes to always equal the average of all price changes (e.g., measured inflation). For instance, a deep frost that ...
Commentary

Giving The Gov’t Drug Patent March-In Authority Is Bad Policy

In early December, the Biden administration announced a proposal on exercising march-in rights on taxpayer-funded drugs and other inventions that allows prices to “be a factor in considering whether a drug is accessible to the public.” This is a terrible idea. As the Congressional Research Service summarized, it is an ...
Drug Innovation

Watch Wayne Winegarden Discuss President Biden’s Plan to Seize Drug Patents on NTD News

Blog

Read about latest state homeless spending

Newsom Homeless Encampment Plan an Overly Costly Solution at Best

More likely, the $300 million that the Governor wants to spend will barely make a dent in the state’s worst in the country homeless problem. The reason: this $300 million is still adhering to the costly yet ineffective Housing First approach. According to the Notice of Funding Availability, which defines how ...
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