Business & Economics
Blog
Death by a Thousand Cuts: Andrew Gruel on the Cost of Regulations for California Restaurants
The challenge is not a single overwhelming regulation, it is accumulation. California layers rule upon rule, each one defensible on its own. Over time, those requirements reshape how restaurants hire, price, expand (or not), and compete. What appears manageable on paper becomes costly in practice. Restaurants are high-transaction, high-labor businesses. ...
Anthony Velasquez
March 4, 2026
Blog
Sanders, Wealth Tax Proponents Could Chase $30 Billion in Revenue Out of State
“The billionaire class no longer sees itself as part of American society,” said Sanders, a Vermont socialist and winner of the 2020 California Democratic presidential primary by 8 percentage points over eventual nominee and president Joe Biden. “They see themselves as something separate and apart, like the oligarchs of the 18th century, ...
Kerry Jackson
March 3, 2026
Blog
Spending Watch
Spending Watch: Californians Will Pay a High Price for Tom Steyer’s “Split-Role” Proposal
Californians Will Pay a High Price for Tom Steyer’s “Split-Role” Proposal Wayne Winegarden March 2026 Gubernatorial candidate Tom Steyer supports “a special election to raise corporate taxes in his first year as governor.” Specifically, he favors removing the Proposition 13 tax limitations for commercial properties – an idea referred to ...
Wayne Winegarden
March 2, 2026
Business & Economics
Wayne Winegarden – What the Trump Tariff Ruling Means for You
PRI senior fellow in business and economics Wayne Winegarden joins us this week to explore what the recent Supreme Court ruling on the Trump tariffs means for consumers, farmers, businesses and the economy.
Pacific Research Institute
February 25, 2026
Blog
California Is Falling Behind On Jobs: Can It Move Beyond The Crossroads?
While the state has become known for its mounting troubles, at least the California economy is growing. But all isn’t as well as it might seem. When compared the rest of the country, California’s jobs market is one of the weakest. Federal Bureau of Labor Statistics show California’s total employment ...
Wayne Winegarden and Kerry Jackson
February 25, 2026
Blog
We Should Call February 20th Tariff Liberation Day
This decision will limit one of the Administration’s major anti-growth policies. The immediate benefits will be muted because, also as expected, President Trump is pushing alternate ways to try and raise tariffs. He has announced, under another statute, that he has imposed an across-the-board 15 percent global tariff. The catch ...
Wayne Winegarden
February 24, 2026
Blog
Price controls won’t save credit card borrowers
Americans are drowning in credit card debt, but President Donald Trump’s suggestion to cap interest rates at 10% for one year is not a particularly good solution. On its face, it sounds great. Americans largely hate banks and Trump’s suggestion gives the Robinhoodish illusion of robbing the rich to give to the ...
Matthew Fleming
February 18, 2026
Blog
Does California Need Billionaires?
If supporters are able to rack up 874 ,641 signatures, the 2026 Billionaire Tax Act will appear on the Nov. 3 ballot. Should it pass, it will levy “a one-time 5% tax on billionaire wealth.” Rather than waiting until voters make their decision, a few billionaires have already left California, including PayPal and ...
Kerry Jackson
February 16, 2026
Blog
Despite Newsom’s Claims, California is One of America’s Least Fiscally Stable States
Earlier this month, an optimistic Newsom claimed while presenting his latest proposed budget that it ‘reflect(ed) both confidence and caution,’ but if the state’s past performances are anything to go by, then Californians should be wary. The National Association of State Budget Officers’ (NASBO) latest Fiscal Survey of States shows ...
Nikhil Agarwal
February 11, 2026
Blog
The Gordon Chang Report–Arctic: The Next Cold War
READ THE PDF Arctic: The Next Cold War “You have Russian destroyers and submarines and China destroyers and submarines all over the place,” President Donald Trump said in January, referring to the Arctic. Hostile powers are just about everywhere at the top of the world. In late summer 2015, five ...
Gordon Chang
February 10, 2026
Death by a Thousand Cuts: Andrew Gruel on the Cost of Regulations for California Restaurants
The challenge is not a single overwhelming regulation, it is accumulation. California layers rule upon rule, each one defensible on its own. Over time, those requirements reshape how restaurants hire, price, expand (or not), and compete. What appears manageable on paper becomes costly in practice. Restaurants are high-transaction, high-labor businesses. ...
Sanders, Wealth Tax Proponents Could Chase $30 Billion in Revenue Out of State
“The billionaire class no longer sees itself as part of American society,” said Sanders, a Vermont socialist and winner of the 2020 California Democratic presidential primary by 8 percentage points over eventual nominee and president Joe Biden. “They see themselves as something separate and apart, like the oligarchs of the 18th century, ...
Spending Watch
Spending Watch: Californians Will Pay a High Price for Tom Steyer’s “Split-Role” Proposal
Californians Will Pay a High Price for Tom Steyer’s “Split-Role” Proposal Wayne Winegarden March 2026 Gubernatorial candidate Tom Steyer supports “a special election to raise corporate taxes in his first year as governor.” Specifically, he favors removing the Proposition 13 tax limitations for commercial properties – an idea referred to ...
Wayne Winegarden – What the Trump Tariff Ruling Means for You
PRI senior fellow in business and economics Wayne Winegarden joins us this week to explore what the recent Supreme Court ruling on the Trump tariffs means for consumers, farmers, businesses and the economy.
California Is Falling Behind On Jobs: Can It Move Beyond The Crossroads?
While the state has become known for its mounting troubles, at least the California economy is growing. But all isn’t as well as it might seem. When compared the rest of the country, California’s jobs market is one of the weakest. Federal Bureau of Labor Statistics show California’s total employment ...
We Should Call February 20th Tariff Liberation Day
This decision will limit one of the Administration’s major anti-growth policies. The immediate benefits will be muted because, also as expected, President Trump is pushing alternate ways to try and raise tariffs. He has announced, under another statute, that he has imposed an across-the-board 15 percent global tariff. The catch ...
Price controls won’t save credit card borrowers
Americans are drowning in credit card debt, but President Donald Trump’s suggestion to cap interest rates at 10% for one year is not a particularly good solution. On its face, it sounds great. Americans largely hate banks and Trump’s suggestion gives the Robinhoodish illusion of robbing the rich to give to the ...
Does California Need Billionaires?
If supporters are able to rack up 874 ,641 signatures, the 2026 Billionaire Tax Act will appear on the Nov. 3 ballot. Should it pass, it will levy “a one-time 5% tax on billionaire wealth.” Rather than waiting until voters make their decision, a few billionaires have already left California, including PayPal and ...
Despite Newsom’s Claims, California is One of America’s Least Fiscally Stable States
Earlier this month, an optimistic Newsom claimed while presenting his latest proposed budget that it ‘reflect(ed) both confidence and caution,’ but if the state’s past performances are anything to go by, then Californians should be wary. The National Association of State Budget Officers’ (NASBO) latest Fiscal Survey of States shows ...
The Gordon Chang Report–Arctic: The Next Cold War
READ THE PDF Arctic: The Next Cold War “You have Russian destroyers and submarines and China destroyers and submarines all over the place,” President Donald Trump said in January, referring to the Arctic. Hostile powers are just about everywhere at the top of the world. In late summer 2015, five ...