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Latest Experiment Further Proof That Basic Income Doesn’t Lift People Out of Poverty

Under the experiment, which was funded by OpenAI founder Sam Altman, 1,000 participants in Texas and Illinois received $1,000 per month for three years starting in 2020, with a control group of 2,000 additional participants who received $50 per month.  The recipients earned an average income of less than $29,000 ...
Blog

Court frees cities to deal with their homelessness crises

Court frees cities to deal with their homelessness crises By Steven Greenhut  |  August 16, 2024 SACRAMENTO – During a recent trip to Grants Pass, Ore., I took a photo of the city’s iconic downtown sign stating, “It’s the Climate” and then posted it on social media as I often do with ...
Blog

Read about Biden drug price control plan

The Damage from Price Controls on Pharmaceuticals Begins

The federal government has announced the long-awaited results from the 2022 Inflation Reduction Act’s (IRA) drug price negotiations.[1] The Biden Administration has been crowing that they have achieved “a historic moment that will help lower prescription drug prices for millions of people across America.” Nothing could be further from the ...
Blog

Read the latest from PRI's Free Cities Center

States right to ‘pre-empt’ cities that violate citizens’ liberty

Conservatives and right-of-center types tend to believe in the Jeffersonian principle that “​​the government closest to the people serves the people best.” As brilliant as Thomas Jefferson was, he couldn’t possibly get everything right, and on this count, he’s only about half correct. Sure, it’s easier to march down to ...
Blog

The Gordon Chang Report–North Korea: Desperate and Dangerous

READ THE PDF North Korea: Desperate and Dangerous North Korea publicly executed about 30 middle school students for watching South Korean dramas according to a TV Chosun report. The report cited a South Korean government official. The dramas were stored on USB drives that had been lofted across the Demilitarized ...
Agriculture

Broccoli does not occur in nature, we should still eat it

“I only eat things that are natural.” “This color doesn’t occur in nature.” These are common arguments for why people should eat produce grown and labeled as “non-GMO” or “organic.” While there is certainly room in the market for these forms of agriculture, we should be careful about believing they ...
Blog

CAPITAL IDEAS: Environmental, Social and Governance (ESG) Undermines the Social Responsibility of Businesses and Investment Managers

The concepts behind Environmental, Social, and Governance (ESG) investing and management are the latest theory trying to address a long-standing question: What is the appropriate social function of a business? This question predates Milton Friedman’s 1970 New York Times piece “The Social Responsibility of Business Is to Increase Its Profits,” ...
Blog

High-density policies turning cities into child-free zones

J.D. Vance would not like living in Sausalito. A mere 9% of the city’s residents, the San Francisco Chronicle recently reported, are under 18, making it “one of the handful of communities in California with at least 5,000 people where less than 1 in 10 residents is a child.” Looking ...
Blog

LA mayor slowly dismantles her successful housing plan

LA mayor slowly dismantles her successful housing plan Sal Rodriguez | August 8, 2024 Los Angeles Mayor Karen Bass continues to walk back her most successful initiative to bring much needed housing on the market. On July 1, Bass issued her third revision to Executive Directive 1, which she notes ...
Blog

Read why latest employer is leaving California

Chevron’s Departure Highlights California’s Risky Economic Future

Companies have been decamping from California for greener pastures so frequently that, in some ways, Chevron’s announcement is barely newsworthy. The particulars of Chevron’s decision are important, however, because they exemplify the large economic risks California’s policymakers are taking. Judged by their actions, California’s political leaders, including Governor Newsom, have ...
Blog

Latest Experiment Further Proof That Basic Income Doesn’t Lift People Out of Poverty

Under the experiment, which was funded by OpenAI founder Sam Altman, 1,000 participants in Texas and Illinois received $1,000 per month for three years starting in 2020, with a control group of 2,000 additional participants who received $50 per month.  The recipients earned an average income of less than $29,000 ...
Blog

Court frees cities to deal with their homelessness crises

Court frees cities to deal with their homelessness crises By Steven Greenhut  |  August 16, 2024 SACRAMENTO – During a recent trip to Grants Pass, Ore., I took a photo of the city’s iconic downtown sign stating, “It’s the Climate” and then posted it on social media as I often do with ...
Blog

Read about Biden drug price control plan

The Damage from Price Controls on Pharmaceuticals Begins

The federal government has announced the long-awaited results from the 2022 Inflation Reduction Act’s (IRA) drug price negotiations.[1] The Biden Administration has been crowing that they have achieved “a historic moment that will help lower prescription drug prices for millions of people across America.” Nothing could be further from the ...
Blog

Read the latest from PRI's Free Cities Center

States right to ‘pre-empt’ cities that violate citizens’ liberty

Conservatives and right-of-center types tend to believe in the Jeffersonian principle that “​​the government closest to the people serves the people best.” As brilliant as Thomas Jefferson was, he couldn’t possibly get everything right, and on this count, he’s only about half correct. Sure, it’s easier to march down to ...
Blog

The Gordon Chang Report–North Korea: Desperate and Dangerous

READ THE PDF North Korea: Desperate and Dangerous North Korea publicly executed about 30 middle school students for watching South Korean dramas according to a TV Chosun report. The report cited a South Korean government official. The dramas were stored on USB drives that had been lofted across the Demilitarized ...
Agriculture

Broccoli does not occur in nature, we should still eat it

“I only eat things that are natural.” “This color doesn’t occur in nature.” These are common arguments for why people should eat produce grown and labeled as “non-GMO” or “organic.” While there is certainly room in the market for these forms of agriculture, we should be careful about believing they ...
Blog

CAPITAL IDEAS: Environmental, Social and Governance (ESG) Undermines the Social Responsibility of Businesses and Investment Managers

The concepts behind Environmental, Social, and Governance (ESG) investing and management are the latest theory trying to address a long-standing question: What is the appropriate social function of a business? This question predates Milton Friedman’s 1970 New York Times piece “The Social Responsibility of Business Is to Increase Its Profits,” ...
Blog

High-density policies turning cities into child-free zones

J.D. Vance would not like living in Sausalito. A mere 9% of the city’s residents, the San Francisco Chronicle recently reported, are under 18, making it “one of the handful of communities in California with at least 5,000 people where less than 1 in 10 residents is a child.” Looking ...
Blog

LA mayor slowly dismantles her successful housing plan

LA mayor slowly dismantles her successful housing plan Sal Rodriguez | August 8, 2024 Los Angeles Mayor Karen Bass continues to walk back her most successful initiative to bring much needed housing on the market. On July 1, Bass issued her third revision to Executive Directive 1, which she notes ...
Blog

Read why latest employer is leaving California

Chevron’s Departure Highlights California’s Risky Economic Future

Companies have been decamping from California for greener pastures so frequently that, in some ways, Chevron’s announcement is barely newsworthy. The particulars of Chevron’s decision are important, however, because they exemplify the large economic risks California’s policymakers are taking. Judged by their actions, California’s political leaders, including Governor Newsom, have ...
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