Entrepreneurship

Business & Economics

The Biden Administration’s Push to Take One of California’s Worst Ideas Nationwide

The Biden administration has effectively declared war on gig work, with its Department of Labor proposing a new federal regulation inspired by California’s controversial AB 5 law that would limit people’s ability to be classified as independent contractors and work as they choose. As Bloomberg Law reports, “The US Labor Department’s new …

Blog

Been There, Done That on Denying Americans the Freedom to Work as They Choose

Inspired by California’s controversial AB 5 – which was called “the worst piece of legislation to be passed and signed in California” by PRI’s Kerry Jackson – the Biden Administration is proposing new regulations to impose this agenda nationally.  If successful, these policies would hurt entrepreneurship and minority economic advancement …

Commentary

Empower Entrepreneurs To Improve Outcomes: The Case Of Integrated Care

Entrepreneurs, empowered by competitive markets, drive economic progress. When market regulations incentivize productive activities, entrepreneurs radically improve existing goods and services and create new products we never knew that we couldn’t live without. The wrong regulatory structures misalign these positive incentives. They thwart or misappropriate entrepreneurial efforts resulting in lost …

Business & Economics

Handcuffing Freelancers Is Bad For Economy And Small Business

Addressing the persistent problem of inflation requires pro-growth fiscal and regulatory policies in addition to concerted tightening by the Federal Reserve. Unfortunately, President Biden’s plan to address inflation, as outlined in his recent Wall Street Journal editorial, would implement the exact opposite. Instead of empowering entrepreneurs to accelerate growth and improve prosperity, …

Blog

China Cuts Taxes, U.S. and California Want to Raise Them

Tax cuts are the “fertilizer applied to the roots of the economy.” That’s not Arthur Laffer talking, but China Premier Li Keqiang.  Last month, China’s Finance Ministry announced that it would cut income taxes for small companies from 25 percent to 20 percent to boost the communist country’s slowing economy. …

Blog

Can California Make Room for Home-Based Businesses?

According to a recent report by the Public Policy Institute of California, a startling one-in-four Californians now works remotely, with one-in-seven blending office and home-based work. And if you ask Californians what they prefer, a third say they would like to stay fully remote next year, while a quarter say …

Business & Economics

NEW STUDY: Pandemic Response Grew Government ‘Barriers to Opportunity’ for Entrepreneurs

Government actions to “help” small businesses in the wake of the COVID-19 pandemic have worsened pre-pandemic government-imposed burdens to entrepreneurship, finds the final paper in the Breaking Down Barriers to Opportunityseries released today by the nonpartisan Pacific Research Institute, a California-based, free-market think tank. Click here to download a copy …

Blog

AB 5 is Taking Away Opportunities for Communities of Color & Low-Income Communities

Editor’s Note:  On Monday, Dr. Wayne Winegarden, PRI senior fellow in Business and Economics, was invited to testify before the California advisory committee to the U.S. Commission on Civil Rights on the civil rights implications of California’s controversial AB 5.  Winegarden’s comments as written are presented below: Madam/Mister Chairperson, members …

Business & Economics

NEW STUDY: Rejecting Push to Restrict Gig Entrepreneurship Key to Driving Innovation, Economic Growth, Higher Incomes

Amid a renewed push in Congress and states to enact new gig economy restrictions following California’s controversial AB 5, a new study released today by the nonpartisan Pacific Research Institute finds that enacting these harmful laws would hinder innovation and restrict people’s ability to become entrepreneurs and provide for their …

Commentary

Opinion: New burdens on entrepreneurs hurts minority economic advancement

By Wayne Winegarden and Kerry Jackson Florida’s nickname is the Sunshine State, but it could be the Entrepreneur State. In 2019, prior to the pandemic, no state had a higher rate of entrepreneurs starting new businesses. But that’s only part of the story. Only California (1.6 million) and Texas (1.1 million) have …

Business & Economics

The Biden Administration’s Push to Take One of California’s Worst Ideas Nationwide

The Biden administration has effectively declared war on gig work, with its Department of Labor proposing a new federal regulation inspired by California’s controversial AB 5 law that would limit people’s ability to be classified as independent contractors and work as they choose. As Bloomberg Law reports, “The US Labor Department’s new …

Blog

Been There, Done That on Denying Americans the Freedom to Work as They Choose

Inspired by California’s controversial AB 5 – which was called “the worst piece of legislation to be passed and signed in California” by PRI’s Kerry Jackson – the Biden Administration is proposing new regulations to impose this agenda nationally.  If successful, these policies would hurt entrepreneurship and minority economic advancement …

Commentary

Empower Entrepreneurs To Improve Outcomes: The Case Of Integrated Care

Entrepreneurs, empowered by competitive markets, drive economic progress. When market regulations incentivize productive activities, entrepreneurs radically improve existing goods and services and create new products we never knew that we couldn’t live without. The wrong regulatory structures misalign these positive incentives. They thwart or misappropriate entrepreneurial efforts resulting in lost …

Business & Economics

Handcuffing Freelancers Is Bad For Economy And Small Business

Addressing the persistent problem of inflation requires pro-growth fiscal and regulatory policies in addition to concerted tightening by the Federal Reserve. Unfortunately, President Biden’s plan to address inflation, as outlined in his recent Wall Street Journal editorial, would implement the exact opposite. Instead of empowering entrepreneurs to accelerate growth and improve prosperity, …

Blog

China Cuts Taxes, U.S. and California Want to Raise Them

Tax cuts are the “fertilizer applied to the roots of the economy.” That’s not Arthur Laffer talking, but China Premier Li Keqiang.  Last month, China’s Finance Ministry announced that it would cut income taxes for small companies from 25 percent to 20 percent to boost the communist country’s slowing economy. …

Blog

Can California Make Room for Home-Based Businesses?

According to a recent report by the Public Policy Institute of California, a startling one-in-four Californians now works remotely, with one-in-seven blending office and home-based work. And if you ask Californians what they prefer, a third say they would like to stay fully remote next year, while a quarter say …

Business & Economics

NEW STUDY: Pandemic Response Grew Government ‘Barriers to Opportunity’ for Entrepreneurs

Government actions to “help” small businesses in the wake of the COVID-19 pandemic have worsened pre-pandemic government-imposed burdens to entrepreneurship, finds the final paper in the Breaking Down Barriers to Opportunityseries released today by the nonpartisan Pacific Research Institute, a California-based, free-market think tank. Click here to download a copy …

Blog

AB 5 is Taking Away Opportunities for Communities of Color & Low-Income Communities

Editor’s Note:  On Monday, Dr. Wayne Winegarden, PRI senior fellow in Business and Economics, was invited to testify before the California advisory committee to the U.S. Commission on Civil Rights on the civil rights implications of California’s controversial AB 5.  Winegarden’s comments as written are presented below: Madam/Mister Chairperson, members …

Business & Economics

NEW STUDY: Rejecting Push to Restrict Gig Entrepreneurship Key to Driving Innovation, Economic Growth, Higher Incomes

Amid a renewed push in Congress and states to enact new gig economy restrictions following California’s controversial AB 5, a new study released today by the nonpartisan Pacific Research Institute finds that enacting these harmful laws would hinder innovation and restrict people’s ability to become entrepreneurs and provide for their …

Commentary

Opinion: New burdens on entrepreneurs hurts minority economic advancement

By Wayne Winegarden and Kerry Jackson Florida’s nickname is the Sunshine State, but it could be the Entrepreneur State. In 2019, prior to the pandemic, no state had a higher rate of entrepreneurs starting new businesses. But that’s only part of the story. Only California (1.6 million) and Texas (1.1 million) have …

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