Entrepreneurship
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 ...
Commentary
A Disastrous Year In Federal Healthcare Spending
For current and future taxpayers, 2021 was a brutal year—at least when it comes to healthcare spending. Congress and the Biden administration approved tens of billions in new expenditures. Much of that money was, or will be, wasted on inefficient programs and subsidies that do little to improve the quality ...
Business & Economics
Wayne Winegarden talks economy, inflation, entrepreneurship on Live 5 News
Watch PRI’s Dr. Wayne Winegarden discuss inflation, the state of the economy, and his recent study on how government policy designed to help small businesses has negative impacted small businesses with anchor Raphael James on Live 5 News in Charleston, SC.
California
Reform Misguided Laws, Don’t Raise Minimum Wage, to Address California’s High Cost of Living
California isn’t yet finished hiking the minimum wage from the last bill that increased it to $15 an hour starting in 2023 for all businesses, and now comes another proposal to move it to $18. Imagine the response from companies struggling to keep up with current payrolls when they hear ...
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, ...
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. ...
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 ...
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 ...
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 ...
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 ...
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 ...
A Disastrous Year In Federal Healthcare Spending
For current and future taxpayers, 2021 was a brutal year—at least when it comes to healthcare spending. Congress and the Biden administration approved tens of billions in new expenditures. Much of that money was, or will be, wasted on inefficient programs and subsidies that do little to improve the quality ...
Wayne Winegarden talks economy, inflation, entrepreneurship on Live 5 News
Watch PRI’s Dr. Wayne Winegarden discuss inflation, the state of the economy, and his recent study on how government policy designed to help small businesses has negative impacted small businesses with anchor Raphael James on Live 5 News in Charleston, SC.
Reform Misguided Laws, Don’t Raise Minimum Wage, to Address California’s High Cost of Living
California isn’t yet finished hiking the minimum wage from the last bill that increased it to $15 an hour starting in 2023 for all businesses, and now comes another proposal to move it to $18. Imagine the response from companies struggling to keep up with current payrolls when they hear ...
