Economy

Business & Economics

Watch Wayne Winegarden Discuss Legal Reform Study on Nasdaq Trade Talks

Watch PRI’s Dr. Wayne Winegarden discuss his latest study, “Enriching Lawyers, Not Helping Victims” on Nasdaq Trade Talks.  To download a copy of the study, click here.
Blog

Read about new legislative caucus

‘End Poverty in California’ Caucus Poised to Worsen State’s Poverty Problem

You may have missed it, but a new legislative caucus has just been announced to address California’s status as the worst-in-the-nation state for poverty. With visions of Upton Sinclair dancing in their heads, the “End Poverty in California” legislative caucus is the brainchild of former Stockton Mayor Michael Tubbs. It ...
Blog

How local governments can prepare for a possible recession

A recession is beginning now, according to the June 22 Chapman Economic Forecast Update, the most accurate in the country for GDP prediction. Said President Emeritus Jim Doti at the event, “We’re pointing to a negative change in the third quarter and the fourth quarter and that’s the stuff of ...
Blog

Los Angeles Moves Forward with Public Bank Proposal

There are nearly 400 bank branches in the city of Los Angeles, according to one source. Another says there are about 325 branches and 63 banks. Whatever the true number is, it doesn’t seem the city is underserved, especially in an era in which banks don’t even have to have ...
Blog

Read about California's outmigration problem

California: Economic Laggard or Leader?

Digging into the analysis quickly reveals that California’s top five ranking results from the state’s past achievements, not its current economic health nor its future growth prospects. Documenting this reality is essential because the state’s top ranking can be easily misconstrued as confirmation that California’s current policy mix is promoting ...
Blog

Will we see the return of redevelopment agencies?

Redevelopment failed cities, but keeps trying for a comeback

This column was originally published in the American Spectator. Say what you will about Jerry Brown, but I’ll always think fondly of him because of his crowning achievement in his more-recent stint as governor. In 2011, he eliminated the state’s noxious, property-rights-destroying redevelopment agencies. He didn’t axe these locally controlled agencies entirely ...
Blog

Free Markets Fuel Outdoor Dining

Cities should maintain flexible outdoor dining programs

One of the few silver linings of the coronavirus pandemic was that governments were forced to think outside-of-the-box in order to make things happen. In the early months of the pandemic, local governments across the country loosened regulations to allow restaurants and bars to serve customers outdoors. They made it ...
Blog

Latest San Francisco Public Bank Proposal Doomed to Fail

According to the proposal prepared by consultants, the bank would focus “its initial lending activities on affordable housing development and affordable homeownership, local enterprises (small businesses), and green investments and environmental justice.” The “fundamental need for a city-owned bank,” it says, “stems from the historic inability of traditional financial institutions ...
Business & Economics

Watch Wayne Winegarden Discuss Legal Reform Study on Nasdaq Trade Talks

Watch PRI’s Dr. Wayne Winegarden discuss his latest study, “Enriching Lawyers, Not Helping Victims” on Nasdaq Trade Talks.  To download a copy of the study, click here.
Blog

Read about new legislative caucus

‘End Poverty in California’ Caucus Poised to Worsen State’s Poverty Problem

You may have missed it, but a new legislative caucus has just been announced to address California’s status as the worst-in-the-nation state for poverty. With visions of Upton Sinclair dancing in their heads, the “End Poverty in California” legislative caucus is the brainchild of former Stockton Mayor Michael Tubbs. It ...
Blog

How local governments can prepare for a possible recession

A recession is beginning now, according to the June 22 Chapman Economic Forecast Update, the most accurate in the country for GDP prediction. Said President Emeritus Jim Doti at the event, “We’re pointing to a negative change in the third quarter and the fourth quarter and that’s the stuff of ...
Blog

Los Angeles Moves Forward with Public Bank Proposal

There are nearly 400 bank branches in the city of Los Angeles, according to one source. Another says there are about 325 branches and 63 banks. Whatever the true number is, it doesn’t seem the city is underserved, especially in an era in which banks don’t even have to have ...
Blog

Read about California's outmigration problem

California: Economic Laggard or Leader?

Digging into the analysis quickly reveals that California’s top five ranking results from the state’s past achievements, not its current economic health nor its future growth prospects. Documenting this reality is essential because the state’s top ranking can be easily misconstrued as confirmation that California’s current policy mix is promoting ...
Blog

Will we see the return of redevelopment agencies?

Redevelopment failed cities, but keeps trying for a comeback

This column was originally published in the American Spectator. Say what you will about Jerry Brown, but I’ll always think fondly of him because of his crowning achievement in his more-recent stint as governor. In 2011, he eliminated the state’s noxious, property-rights-destroying redevelopment agencies. He didn’t axe these locally controlled agencies entirely ...
Blog

Free Markets Fuel Outdoor Dining

Cities should maintain flexible outdoor dining programs

One of the few silver linings of the coronavirus pandemic was that governments were forced to think outside-of-the-box in order to make things happen. In the early months of the pandemic, local governments across the country loosened regulations to allow restaurants and bars to serve customers outdoors. They made it ...
Blog

Latest San Francisco Public Bank Proposal Doomed to Fail

According to the proposal prepared by consultants, the bank would focus “its initial lending activities on affordable housing development and affordable homeownership, local enterprises (small businesses), and green investments and environmental justice.” The “fundamental need for a city-owned bank,” it says, “stems from the historic inability of traditional financial institutions ...
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