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Beware Sacramento Offering You A “Good Deal” On Your Next Car

What are the legitimate functions of good government? James Madison said they are “to protect property of every sort.” “The rights of persons and the rights of property are the objects for the protection of which government was instituted,” he said in an 1829 address to the Virginia Convention. Some …

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Court Ruling Paves the Way for Even More Tax Hikes in Overtaxed California

Tax hikes, especially in the state known for its extraordinarily heavy tax burden, should not be easily enacted. Yet the California Supreme Court has made the job much easier. California law previously required a two-thirds majority for the passage of any tax hike introduced by government or by a voter …

Blog

Where Have All The Interns Gone?

The other day, a freshman from Santa Clara University called me to inquire about internships at PRI. She had just heard Sally Pipes give a talk on health care. She was also familiar with the work of Arthur Laffer. As an economics student, she thought PRI would be a great …

Blog

Ode to the Summer of Love

With our HQ in San Francisco, PRI can’t let the summer end without a nod to the 50th Anniversary of the Summer of Love. I’m the last of the generation of Baby Boomers, starting kindergarten in 1967. The girls in my classes wore psychedelic mini-skirts, Vietnam POW bracelets, and macramé …

Blog

U.S. Pharmaceutical Spending Is Below Average?

For the 30 nations that comprise the Organization for Economic Cooperation and Development (OECD), which promotes policies to improve the well-being of people around the world, pharmaceutical spending comprised, on average, 16.9 percent of total health care spending as of 2015. The OECD defines pharmaceutical spending as the expenditures on …

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Putting Thumb on Scale of California Elections Threatens Our Democracy

“To the victor go the spoils” goes the old proverb. This statement is true in many things in life, but certainly rings true in politics. Consider the ongoing effort to change California’s elections laws to try and help Sen. Josh Newman, D-Fullerton, who is the target of a recall election. …

Blog

Tax Increase Proposal Would Not Make Housing More Affordable

California lawmakers, some of whom long ago demonstrated that they don’t understand why housing is so expensive across the state, continue to show that they have no idea how to fix the problem. Consider, for instance, the plan being moved ahead by Assemblyman Marc Levine, a Marin Democrat. He wants …

Blog

Legislature Takes Two Steps Back on State’s Housing Crisis

California lawmakers can’t hide from the state’s housing crisis caused by a severe shortage of homes. They’ve even promised to do something about it. But a bill just signed into law last month indicates that the promise is likely to be hollow. Rather than lower government-imposed barriers to home building, …

Blog

Beware of Tax Reform’s “Unintended Consequences”

There is little doubt that the U.S. needs comprehensive tax reform. The corporate income tax system is globally uncompetitive; the personal income tax system is so complicated that even the IRS can’t answer taxpayers’ questions. The right reform implements a simple flat tax system with globally competitive rates. What should …

Blog

An (Artificially) Intelligent Future for California?

Californians harboring dystopian fears would have us believe that the state is sowing the seeds of its own destruction by leading in the development of artificial intelligence. Consider state legislation introduced this year that would fine companies like Uber $25,000 a day per vehicle if they operate self-driving cars without …

Blog

Beware Sacramento Offering You A “Good Deal” On Your Next Car

What are the legitimate functions of good government? James Madison said they are “to protect property of every sort.” “The rights of persons and the rights of property are the objects for the protection of which government was instituted,” he said in an 1829 address to the Virginia Convention. Some …

Blog

Court Ruling Paves the Way for Even More Tax Hikes in Overtaxed California

Tax hikes, especially in the state known for its extraordinarily heavy tax burden, should not be easily enacted. Yet the California Supreme Court has made the job much easier. California law previously required a two-thirds majority for the passage of any tax hike introduced by government or by a voter …

Blog

Where Have All The Interns Gone?

The other day, a freshman from Santa Clara University called me to inquire about internships at PRI. She had just heard Sally Pipes give a talk on health care. She was also familiar with the work of Arthur Laffer. As an economics student, she thought PRI would be a great …

Blog

Ode to the Summer of Love

With our HQ in San Francisco, PRI can’t let the summer end without a nod to the 50th Anniversary of the Summer of Love. I’m the last of the generation of Baby Boomers, starting kindergarten in 1967. The girls in my classes wore psychedelic mini-skirts, Vietnam POW bracelets, and macramé …

Blog

U.S. Pharmaceutical Spending Is Below Average?

For the 30 nations that comprise the Organization for Economic Cooperation and Development (OECD), which promotes policies to improve the well-being of people around the world, pharmaceutical spending comprised, on average, 16.9 percent of total health care spending as of 2015. The OECD defines pharmaceutical spending as the expenditures on …

Blog

Putting Thumb on Scale of California Elections Threatens Our Democracy

“To the victor go the spoils” goes the old proverb. This statement is true in many things in life, but certainly rings true in politics. Consider the ongoing effort to change California’s elections laws to try and help Sen. Josh Newman, D-Fullerton, who is the target of a recall election. …

Blog

Tax Increase Proposal Would Not Make Housing More Affordable

California lawmakers, some of whom long ago demonstrated that they don’t understand why housing is so expensive across the state, continue to show that they have no idea how to fix the problem. Consider, for instance, the plan being moved ahead by Assemblyman Marc Levine, a Marin Democrat. He wants …

Blog

Legislature Takes Two Steps Back on State’s Housing Crisis

California lawmakers can’t hide from the state’s housing crisis caused by a severe shortage of homes. They’ve even promised to do something about it. But a bill just signed into law last month indicates that the promise is likely to be hollow. Rather than lower government-imposed barriers to home building, …

Blog

Beware of Tax Reform’s “Unintended Consequences”

There is little doubt that the U.S. needs comprehensive tax reform. The corporate income tax system is globally uncompetitive; the personal income tax system is so complicated that even the IRS can’t answer taxpayers’ questions. The right reform implements a simple flat tax system with globally competitive rates. What should …

Blog

An (Artificially) Intelligent Future for California?

Californians harboring dystopian fears would have us believe that the state is sowing the seeds of its own destruction by leading in the development of artificial intelligence. Consider state legislation introduced this year that would fine companies like Uber $25,000 a day per vehicle if they operate self-driving cars without …

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