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.
Underfunded Pensions Heighten Risk of Service Insolvency for Local Governments in Illinois
Many local governments in the state face severe legacy cost pressures, but Chicago appears to be in a league of its own.
California’s Other Fiscal Time Bomb; $187 Billion in OPEB Liabilities
California’s state and local agencies have $187 billion in unfunded retiree health care and other benefit liabilities.
Addressing Misperceptions About XBRL for Municipal Disclosure
In the wake of an SEC Municipal Disclosure conference, market leaders should take a fact based approach to machine-readable municipal finance data.
Local Governments Beware: Pension Obligation Bonds Are a Risky Response to Rising CalPERS Bills
Recent stock market volatility is a warning sign to local agencies considering pension obligation bonds.
SEC Commissioner Endorses Efforts to Make Municipal Finance Documents More Transparent
It is time to convert tens of thousands of government annual financial statements into machine-readable form using XBRL.
California Voters Take Free Market Positions On Some Key Ballot Measures
As for the potentially positive long-term political and policy implications, it seems many Californians remain open to economically rational public policies.
If Southern California Cities Start Public Banks, Taxpayers Should Prepare for Massive Bailouts
Should cities and counties start their own government-owned banks?
Voters Should be Leery of Approving More State Borrowing
The first rule for getting out of a hole is to stop digging.
Worries About Deficits Go Out the Window
Politicians have stopped talking about the federal government's fiscal predicament even though it is getting worse under the Trump administration and Republican Congress.