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.
-
Milwaukee pension debt clouds Wisconsin’s otherwise positive retirement system picture
Although Wisconsin has one of the nation’s best-funded and most resilient public pension systems, these qualities do not extend to the state’s largest county and city.
-
How California can start to address its declining population
The main reason for leaving California is the high cost of living.
-
California’s leaders wisely challenge the federal government’s attack on state’s pension reform
Scaling back the state’s important bipartisan pension reform law would be expensive and doing so to try to secure federal funding for low-utilization mass transit projects like the Orange County Streetcar would be especially unwise.
-
The Federal Reserve should rethink its stimulative policies
Higher interest rates will pain borrowers in both the private and public sectors.
-
Houston firefighter pension plan makes a bold move into cryptocurrency investing
The Houston Firefighters’ Relief & Retirement Fund has invested $25 million in cryptocurrency.
-
Federal Department of Labor halts California transit grants over public pension dispute
Reports indicate that California transit agencies stand to lose a total of $12 billion in federal funding due to the decision.
-
Vermont explores public pension and OPEB reform
Vermont's public pension and OPEB plans have billions in unfunded liabilities weighing on taxpayers.
-
Can virtual reality technology encourage remote work and slow climate change?
Virtual reality headsets and virtual meetings rooms could enhance the telecommuting experience for some.
-
Municipal bonds reveal the weaknesses of ESG investing
Recent experience shows that incorporating ESG factors into municipal investing can be a convoluted, quixotic effort.
-
Reasons to be skeptical of the potential revenues from the proposed billionaire tax
The short-lived measure is illustrative of a process issue that can drive up deficit spending.
-
The US national debt is a threat to the nation’s economic future
The ratio of publicly held federal debt is expected to hit 202% in the next 30 years.
-
Washington Metro’s suspension of over half its rail cars should have Congress rethinking rail funding
Given both the expense of rail transit rolling stock and the widespread reliability issues that plague it, Congress should reconsider any rail infrastructure spending.
-
Disclosures reveal state and local governments haven’t spent federal rescue funds
These governments were allocated $172 billion of ARPA funds but had only spent $4.9 billion (2.9 percent) of the money by the July 31 cutoff date for the initial reporting period.
-
California legislature was wise not to issue the remaining $4 billion of high-speed rail bonds
Without the bond proceeds, the California High-Speed Rail Authority will not be able to meet its intermediate objective of establishing service along 171 miles of electrified track between Merced and Bakersfield.
-
Scammers take advantage of California community colleges’ inadequate cybersecurity measures
California’s community college system could identify and even thwart bots much more easily if the state implemented and followed a full cybersecurity plan.
-
Putting a year of good investment returns for public pension plans in perspective
This year's exceptionally high investment returns are good news for struggling pension plans, but they do not mean all is right in the public pension world.
-
Ohio’s teacher retirement system lacks investment transparency
For the 2020 fiscal year, STRS reported paying $175 million in fees to alternative investment managers.
-
Delaware tries to improve transparency on state spending
Delaware's Gray Fox will contain ARPA spending data from the state, 19 K-12 school districts, 23 charter schools, three counties, and 57 municipalities.