Studies
Blog
The Gordon Chang Report–A New Phase of the North Korean Threat
READ THE PDF A New Phase of the North Korean Threat On March 20, Iran launched two intermediate-range ballistic missiles from its territory to Diego Garcia, the joint U.K.-U.S. military base in the Indian Ocean. Fortunately, both missed. Analysts were surprised that Tehran’s regime possessed a missile that could reach ...
Business & Economics
New PRI Study Finds California Job Growth Lags Nation, High Costs Turn State’s Income Advantage into 35% Deficit
A new study released today by the Pacific Research Institute finds that California’s economic performance has fallen sharply behind the rest of the nation, with job growth since the COVID-19 pandemic at less than half the national rate, while the state’s high cost of living is erasing its income advantage. ...
Blog
Spending Watch
Spending Watch: Stock Market Volatility Is a Growing Threat to California’s Upcoming Budget
Stock Market Volatility Is a Growing Threat to California’s Upcoming Budget Wayne Winegarden March 2026 Warren Buffett famously noted that “when the tide goes out, you discover who’s been swimming naked.” Heeding Buffet’s wisdom, we will soon discover whether Governor Newsom and state legislative leaders are in need of some ...
Blog
Spending Watch
Spending Watch: Californians Will Pay a High Price for Tom Steyer’s “Split-Role” Proposal
Californians Will Pay a High Price for Tom Steyer’s “Split-Role” Proposal Wayne Winegarden March 2026 Gubernatorial candidate Tom Steyer supports “a special election to raise corporate taxes in his first year as governor.” Specifically, he favors removing the Proposition 13 tax limitations for commercial properties – an idea referred to ...
Health Care
ISSUE BRIEF: Government Policy Is Consolidating the Practice of Medicine
Read the Brief A new issue brief released today by the Pacific Research Institute—the California-based, nonpartisan, free market think tank—finds that certain states’ efforts to tighten corporate practice of medicine laws hurt independent physicians, empower hospitals to consolidate local provider markets, and raise healthcare costs. “Competition is a prerequisite for ...
Blog
The Gordon Chang Report–Arctic: The Next Cold War
READ THE PDF Arctic: The Next Cold War “You have Russian destroyers and submarines and China destroyers and submarines all over the place,” President Donald Trump said in January, referring to the Arctic. Hostile powers are just about everywhere at the top of the world. In late summer 2015, five ...
Drug Prices
ISSUE BRIEF: Biopharma Drug Makers Are Not the Most Profitable Players in Health Care
A new issue brief released by the Center for Medical Economics and Innovation at the nonpartisan Pacific Research Institute finds that innovative drug manufacturers earn some of the lowest risk-adjusted returns in the U.S. health care system, despite making the largest investments in research and development. The findings challenge the ...
Drug Prices
PRI Files Amicus Brief in Major Supreme Court Case That Could Upend Future Medical Innovation Nationwide
SACRAMENTO – California-based free market think tank the Pacific Research Institute announced today that it has filed an amicus curiae brief urging the U.S. Supreme Court to hear two cases challenging the federal government’s new prescription drug pricing program enacted under the Inflation Reduction Act. The cases, Janssen Pharmaceuticals, Inc. ...
Blog
The Gordon Chang Report–Is This the End of the Atlantic Alliance?
READ THE PDF Is This the End of the Atlantic Alliance? BYD Co., the world’s largest maker of electric vehicles, reported that sales in August increased 0.2% from the same month last year. That rate was down from July’s year-on-year increase of 0.6% and the 12.0% jump in June. The company’s ...
California
The Real Cost of Coexistence: How Wolf Policies Are Failing Western Ranchers
Key Takeaways There are nearly 3,500 gray and Mexican wolves scattered across the western United States. Every time cattle are eaten by wolves, taxpayers reimburse ranchers for their losses. Depending on the state, that reimbursement can cost anywhere from $500 to $15,000 per animal. Ranch income is negatively impacted by ...
The Gordon Chang Report–A New Phase of the North Korean Threat
READ THE PDF A New Phase of the North Korean Threat On March 20, Iran launched two intermediate-range ballistic missiles from its territory to Diego Garcia, the joint U.K.-U.S. military base in the Indian Ocean. Fortunately, both missed. Analysts were surprised that Tehran’s regime possessed a missile that could reach ...
New PRI Study Finds California Job Growth Lags Nation, High Costs Turn State’s Income Advantage into 35% Deficit
A new study released today by the Pacific Research Institute finds that California’s economic performance has fallen sharply behind the rest of the nation, with job growth since the COVID-19 pandemic at less than half the national rate, while the state’s high cost of living is erasing its income advantage. ...
Spending Watch
Spending Watch: Stock Market Volatility Is a Growing Threat to California’s Upcoming Budget
Stock Market Volatility Is a Growing Threat to California’s Upcoming Budget Wayne Winegarden March 2026 Warren Buffett famously noted that “when the tide goes out, you discover who’s been swimming naked.” Heeding Buffet’s wisdom, we will soon discover whether Governor Newsom and state legislative leaders are in need of some ...
Spending Watch
Spending Watch: Californians Will Pay a High Price for Tom Steyer’s “Split-Role” Proposal
Californians Will Pay a High Price for Tom Steyer’s “Split-Role” Proposal Wayne Winegarden March 2026 Gubernatorial candidate Tom Steyer supports “a special election to raise corporate taxes in his first year as governor.” Specifically, he favors removing the Proposition 13 tax limitations for commercial properties – an idea referred to ...
ISSUE BRIEF: Government Policy Is Consolidating the Practice of Medicine
Read the Brief A new issue brief released today by the Pacific Research Institute—the California-based, nonpartisan, free market think tank—finds that certain states’ efforts to tighten corporate practice of medicine laws hurt independent physicians, empower hospitals to consolidate local provider markets, and raise healthcare costs. “Competition is a prerequisite for ...
The Gordon Chang Report–Arctic: The Next Cold War
READ THE PDF Arctic: The Next Cold War “You have Russian destroyers and submarines and China destroyers and submarines all over the place,” President Donald Trump said in January, referring to the Arctic. Hostile powers are just about everywhere at the top of the world. In late summer 2015, five ...
ISSUE BRIEF: Biopharma Drug Makers Are Not the Most Profitable Players in Health Care
A new issue brief released by the Center for Medical Economics and Innovation at the nonpartisan Pacific Research Institute finds that innovative drug manufacturers earn some of the lowest risk-adjusted returns in the U.S. health care system, despite making the largest investments in research and development. The findings challenge the ...
PRI Files Amicus Brief in Major Supreme Court Case That Could Upend Future Medical Innovation Nationwide
SACRAMENTO – California-based free market think tank the Pacific Research Institute announced today that it has filed an amicus curiae brief urging the U.S. Supreme Court to hear two cases challenging the federal government’s new prescription drug pricing program enacted under the Inflation Reduction Act. The cases, Janssen Pharmaceuticals, Inc. ...
The Gordon Chang Report–Is This the End of the Atlantic Alliance?
READ THE PDF Is This the End of the Atlantic Alliance? BYD Co., the world’s largest maker of electric vehicles, reported that sales in August increased 0.2% from the same month last year. That rate was down from July’s year-on-year increase of 0.6% and the 12.0% jump in June. The company’s ...
The Real Cost of Coexistence: How Wolf Policies Are Failing Western Ranchers
Key Takeaways There are nearly 3,500 gray and Mexican wolves scattered across the western United States. Every time cattle are eaten by wolves, taxpayers reimburse ranchers for their losses. Depending on the state, that reimbursement can cost anywhere from $500 to $15,000 per animal. Ranch income is negatively impacted by ...