PRI Webinar: California, the Coronavirus, and Capitalism

April 22, 2020

How California Can Embrace Entrepreneurship and Small Business in an Economic Downturn



Wednesday, April 22, 2020, from 11 am to Noon PST

Webinar will stream live on PRI Facebook and Youtube.



• Wayne Winegarden, PRI
• Damon Dunn, PRI
• Judy Lloyd, NFIB


Join the Pacific Research Institute’s Young Leaders Circle for our inaugural panel webinar on Wednesday, April 22, 2020 to hear a panel of business experts and entrepreneurs analyze how California can recover economically from the coronavirus pandemic.


The coronavirus pandemic has rapidly changed the way we work and how businesses operate. Countless businesses are filing for emergency loans to help with payroll, while others are shutting their doors and furloughing or laying off employees. Recent college graduates who were once entering one of the best job markets in American history now face uncertainty. And the federal government is injecting trillions of dollars to stabilize the economy as jobless claims recently hit more than 6 million.


Entrepreneurship may prove key to California’s economic recovery once the crisis passes. But burdensome laws like the Assembly Bill 5 “gig economy” law, increasing minimum wage requirements, other harmful regulations could hurt the state’s economic recovery.


The panel will look at the current economic outlook resulting from the coronavirus pandemic and talk about current or new policies that should be passed, put on hold, or abolished to help Californians climb back up the economic ladder.


Our expert panel includes small business owners from the San Francisco Bay Area and Pacific Research Institute research fellows:

Wayne Winegarden, Ph.D, PRI Senior Fellow in Business & Economics, Director of PRI’s Center for Medical Economics and Innovation

Wayne Winegarden, Ph.D., is a Sr. Fellow in Business & Economics, Pacific Research Institute, as well as the Director of PRI’s Center for Medical Economics and Innovation.

Dr. Winegarden’s policy research explores the connection between macroeconomic policies and economic outcomes, with a focus on fiscal policy, the health care industry, and the energy sector. As Director of the Center for Medical Economics and Innovation, Dr. Winegarden spearheads research and advances policies that support the continued viability and vitality of the U.S. biomedical and pharmaceutical industries to the benefit of patients and overall economic growth.

Dr. Winegarden’s columns have been published in the Wall Street Journal, Chicago Tribune, Investor’s Business Daily,, and USA Today and is also the Principal of an economic advisory firm that advises clients on the economic, business, and investment implications from changes in broader macroeconomic trends and government policies. Dr. Winegarden received his B.A., M.A., and Ph.D. in Economics from George Mason University.


Damon Dunn, PRI Fellow in Business and Economics

Damon Dunn is a fellow in Business and Economics at the Pacific Research Institute. He writes the monthly “Free Markets 101” column for PRI’s “Right by the Bay” blog. In September 2019, he authored a PRI issue brief responding to the growing appeal of socialism in the United States, “My Rise from Poverty and Why Socialism Doesn’t Work.”

Dunn is a successful real estate developer, investor and businessman, former collegiate and pro football player, and was a Hoover Institution fellow from 2011-13. He is the Founder and Managing Member of Lagunita Industries, LLC. Lagunita Industries is a company that acquires and grows privately-held businesses with annual cash flows between $2 million and $5 million. Prior to its founding, he was President and a principal owner of The Tricor Companies, a real estate investment firm that invested and developed retail projects nationwide. Under his leadership, The Tricor Companies completed 28 retail projects in excess of $160 million of aggregate value.

Dunn is a graduate of Stanford University with a B.A. in Public Policy.


Judy Lloyd, Government Relations and Communications Professional, Small Business Owner

Judy Lloyd is a senior government relations, external affairs and communications professional. Lloyd has a proven track record as a public speaker, project manager, events manager and strategic advisor.

She was appointed by two U.S. Presidents to executive positions in Washington, D.C. and California and was selected for two U.S. diplomatic missions to the Middle East, Russia and Eastern Europe. She served as a Fall Fellow at the Dole Institute of Politics at the University of Kansas, running a 6-week video program on remarkable women in politics, business and the media.

Lloyd is graduate of Clarkson University with a B.S. in Business Management and Marketing.

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