Pacific Research Institute

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Pacific Research Institute
Pacific Research Institute (logo).JPG
Founder(s) Antony Fisher
Established 1979
Chairman Clark S. Judge
President & CEO Sally Pipes [1]
Budget Revenue: $4,610,069
Expenses: $3,586,064
(FYE December 2014) [2]
Location San Francisco, California
Coordinates 37°47′42″N122°23′50″W / 37.7950°N 122.3973°W / 37.7950; -122.3973 Coordinates: 37°47′42″N122°23′50″W / 37.7950°N 122.3973°W / 37.7950; -122.3973

101 Montgomery Street, Suite 1300

San Francisco, CA 94104

The Pacific Research Institute for Public Policy (PRI) is a California-based free-market think tank which promotes "the principles of individual freedom and personal responsibility" through policies that emphasize a free economy, private initiative, and limited government. [3] PRI was founded in 1979 by British philanthropist Antony Fisher. [4]

California State of the United States of America

California is a state in the Pacific Region of the United States. With 39.6 million residents, California is the most populous U.S. state and the third-largest by area. The state capital is Sacramento. The Greater Los Angeles Area and the San Francisco Bay Area are the nation's second- and fifth-most populous urban regions, with 18.7 million and 9.7 million residents respectively. Los Angeles is California's most populous city, and the country's second-most populous, after New York City. California also has the nation's most populous county, Los Angeles County, and its largest county by area, San Bernardino County. The City and County of San Francisco is both the country's second-most densely populated major city after New York City and the fifth-most densely populated county, behind only four of the five New York City boroughs.

In economics, a free market is a system in which the prices for goods and services are determined by the open market and by consumers. In a free market, the laws and forces of supply and demand are free from any intervention by a government or other authority and from all forms of economic privilege, monopolies and artificial scarcities. Proponents of the concept of free market contrast it with a regulated market in which a government intervenes in supply and demand through various methods, such as tariffs, used to restrict trade and to protect the local economy. In an idealized free-market economy, prices for goods and services are set freely by the forces of supply and demand and are allowed to reach their point of equilibrium without intervention by government policy.

A think tank, think factory or policy institute is a research institute/center and organization which performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most policy institutes are non-profit organisations, which some countries such as the United States and Canada provide with tax exempt status. Other think tanks are funded by governments, advocacy groups, or corporations, and derive revenue from consulting or research work related to their projects.


Policy areas

The organization is active in the policy areas of education, economics, health care, and the environment. [5] [6] It operates the Center for California's Future, which has a goal of "reinvigorating California's entrepreneurial, self-reliant traditions" and the Laffer Center, which is "focused on educating people on free-markets and supply-side economics." [7]

Supply-side economics Macroeconomic theory

Supply-side economics is a macroeconomic theory arguing that economic growth can be most effectively created by lowering taxes and decreasing regulation, by which it is directly opposed to demand-side economics. According to supply-side economics, consumers will then benefit from a greater supply of goods and services at lower prices and employment will increase.

From 1996 through 2009, the organization published an annual Index of Leading Environmental Indicators , which tracked environmental trends worldwide. PRI started the Center for Medicine in the Public Interest, a New York-based think tank focusing on health policy. [8]

The Index of Leading Environmental Indicators was a report published yearly between 1996 and 2008 by the Pacific Research Institute and American Enterprise Institute. Author Steven F. Hayward stated that the index was issued each Earth Day in an effort to track environmental trends in the U.S. and worldwide.

The Center for Medicine in the Public Interest (CMPI) is a non-profit medical issues research group. It was founded by the Pacific Research Institute. CMPI's research agenda deals with clinical outcomes and econometric studies that analyze the value of new medicines and genomic and molecular-based medical innovation.

See also

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  1. Barbaro, Michael; Strom, Stephanie (September 8, 2006). "Wal-Mart Finds an Ally in Conservatives". New York Times. Retrieved 8 September 2015.
  2. "Charity Rating". Charity Navigator. Also see "Quickview data". GuideStar.
  3. Hanner, Ken (January 9, 2011). "Conservative Spotlight: Pacific Research Institute". Human Events. Retrieved 8 September 2015.
  4. Butler, Eamonn (June 28, 2015). "Antony Fisher, herald of freedom". Adam Smith Institute. Retrieved 8 September 2015.
  5. Barringer, Felicity (February 28, 2013). "In California, What Price Water?". New York Times. Retrieved 8 September 2015.
  6. Connolly, Ceci (September 29, 2009). "In Rationing Health Care, More Not Always Better, Experts Say". Washington Post. Retrieved 8 September 2015.
  7. Izumi, Lance (July 13, 2015). "California should follow Nevada in offering education savings accounts". San Francisco Chronicle. Retrieved 8 September 2015.
  8. Eggen, Dan (January 7, 2010). "How interest groups behind health-care legislation are financed is often unclear". Washington Post. Retrieved 10 January 2015.
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Urban Institute Washington D.C.-based think tank

The Urban Institute is a Washington D.C.-based think tank that carries out economic and social policy research to "open minds, shape decisions, and offer solutions". The institute receives funding from government contracts, foundations and private donors. The Urban Institute measures policy effects, compares options, shows which stakeholders get the most and least, tests conventional wisdom, reveals trends, and makes costs, benefits, and risks explicit. The Urban Institute has been referred to as "independent" and as "liberal".