Marc Joffe
Senior Policy Analyst
Marc Joffe is a senior policy analyst at Reason Foundation.
After a long career in the financial industry, including a senior director role at Moody's Analytics, Joffe's research focuses on municipal finances, alternative asset investments, transportation policy and federal, state and local fiscal policy.
His financial research has been published by the California State Treasurer's Office, UC Berkeley, the Mercatus Center at George Mason University, California Policy Center, The Center for Municipal Finance, and the Macdonald-Laurier Institute among others.
Joffe is a regular contributor to The Orange County Register and his op-eds have also appeared in The Fiscal Times, Governing, National Review, The Hill, and The San Jose Mercury News.
Joffe recently presented a panel paper at the APPAM 42nd Annual Fall Research Conference along with University of Texas, Dallas Associate Professor Evgenia Gorina and his Reason colleagues Anil Niraula and Jen Sidorova.
He has an MBA from New York University and an MPA from San Francisco State University.
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Are New Jersey Pensioners Funding a Pro-Trump Tabloid in Chase for Returns?
Investing with the private equity fund that owns the National Enquirer may not be the most prudent choice for Garden State public employees, retirees and taxpayers.
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Prop. 1 Adds Billions in Debt but Won’t Make Housing More Affordable
Freeing up builders and entrepreneurs in the private market to produce affordable housing is the long-term solution.
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Making Government Documents Searchable and Machine-Readable to Improve Transparency and Accountability
Why it is important to get state and local government financial reports into machine-readable formats and how it can be done.
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Local Agency Exits from CalPERS
The nation's biggest multi-employer pension system was never a good fit for a small rural fire district and the Herald Fire Protection District finds withdrawing from CalPERS is easier said than done.
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The Texas Teacher Pension System Lowers Its Investment Return Assumption
By lowering its assumed rate of return, Texas TRS has taken an important step toward long-term solvency.
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Rent Control Laws Nearly Destroyed Parts of New York City. They Could Do the Same to California
New York’s rent controls created shortages and under-investment.
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Bay Area Officials Say No to More Fixed Rail Transit
With the transit board rejecting a proposed rail extension, it is a good time to consider a combination of new managed toll lanes and express bus service.
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Pensions and Retiree Health Care Costs Contribute to LA Unified’s Fiscal Woes
A new Reason study finds pension and health care obligations are going to divert a growing proportion of dollars away from public school students and classrooms.
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Five Recommendations to Solve LAUSD’s Looming Fiscal Crisis
The process of right-sizing Los Angeles Unified School District presents an opportunity to lay the foundation for a 21st-century education system that’s productive, agile, and responsive to the needs of students.
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A 2018 Evaluation of LAUSD’s Fiscal Outlook: Revisiting the Findings of the 2015 Independent Financial Review Panel
Los Angeles Unified School District is unique in California and the nation because the size of its projected budget deficits and overall debt dwarfs most other urban school districts.
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Wyoming Wrangles Pension Shortfalls
Two new laws may turnaround declining funded ratios at the Wyoming Retirement System.
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The Cautionary Tale of Puerto Rico’s Pensions
After years of underfunding, Puerto Rico's Employee Retirement System has exhausted its assets and some of its beneficiaries are facing cuts.
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Can California Voters Afford to Authorize More Bonds?
Voters would be well advised to consider not only the merits of each bond individually but also whether state residents can afford to pile these financial obligations onto an already large stock of public debt.
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To Privatize PREPA, Puerto Rico Needs a Coherent Plan
Public power has clearly failed Puerto Rico. But to successfully privatize, the Commonwealth has to offer prospective concessionaires a clear path to profitability without totally stiffing PREPA bondholders.
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As It Recovers, Puerto Rico Needs More People and More Economic Freedom
Puerto Rico remains mired in bankruptcy: to escape, it will have to attract foreign immigrants and provide opportunities for them.
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Unreleased Report Shows Los Angeles Unified School District’s Unfunded Retiree Health Benefit Liability Nears $15 Billion
Compared to the previous biennial report, unfunded liabilities increased $1.4 billion. The actuarial report findings will impact the district's 2018 balance sheet.
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UC Berkeley Study: Public Pension Costs Crowding Out Other Municipal Spending Priorities
Average city pension contributions increased 69 percent in real dollars over 10 years.
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Florida Passes First in the Nation Data Reporting Standards to Improve Local Government Financial Transparency
A new Florida law promises to greatly ease the task of gathering and analyzing local municipal finance statistics, including data on pension and other post-employment benefits.
