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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Paying down its debt should be a priority for California
California’s flush financial situation was an opportunity to use the surplus to pay down some of the wall of debt.
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Competition improves outcomes, even in government contracting
Contracts should go to the most capable contractor, whether for-profit or nonprofit.
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Rethinking the Santa Clara Valley Transit Authority’s Light Rail Service
More than two months after the tragedy, the Santa Clara Valley Transit Authority has not restored light rail service.
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Texas Supreme Court Says Company Can Use Eminent Domain For Houston-Dallas High-Speed Train
While Texas Central is promising to benefit travelers going back and forth between Houston and Dallas, it would do so by interrupting the lives and livelihoods of many Texans living and farming along the route.
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The Limited Role Transit Can Play In the Bay Area’s Climate Change Strategies
Rather than build expensive new transit infrastructure, the Bay Area should find more cost-effective solutions.
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The $3.5 Trillion Reconciliation Package’s Supposed ‘Pay-Fors’ and Its Impact on Inflation
At a time of rising inflation and massive federal red ink, this deficit spending poses many financial risks the country cannot afford.
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Local Governments Should Use Budget Surpluses to Pay Down Debt
If California's cities and public agencies are experiencing a large surplus, they should look to pay off debt, including other post-employment benefits liabilities.
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How and Why Hamtramck, Michigan, Cut the City’s Retiree Health Care Benefits
Hamtramck’s experience serves as a cautionary tale to other state and local governments that are offering OPEB plans that are not prefunded.
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Worrying About Mandates and Lockdowns as Delta Variant Hits Unvaccinated Californians
Policymakers should pay attention to the science and Californians should encourage each other to get vaccinated.
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Brookings Paper Says There Is No Imminent Public Pension Crisis
The analysis overlooks key economic factors that would impact a government's ability to pay for pension benefits.
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Hollywood, Florida’s Pension Debt Problem
Hollywood, Florida has over $1 billion in public pension and retiree health care debt.
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Recent Inflation Figures Should Not Be Ignored by Policymakers
Policymakers should be cautious about adding more to the national debt and the money supply.
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Supreme Court’s Fulton v. Philadelphia Decision Will Offer Children in Foster Care More Placement Opportunities
The Supreme Court ruled that Catholic Social Services can continue placing foster children in Philadelphia despite its refusal to work with same-sex parents.
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Honolulu Rail Project’s Delays and Rising Costs Should Be Cautionary Tale for Cities and Congress
Honolulu's rail project is now expected to cost twice as much as originally planned and be completed at least 10 years later than promised.
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The Foster Care System Needs Reform
More attention should be paid to shortening the time children spend in the foster system.
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The United States Postal Service Should Not Offer Banking Services
It is hard to see how the U.S. Postal Service could effectively compete in this environment, let alone what value it might add.
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The California High-Speed Rail Project’s Negative Impacts on Minority Communities
As the Biden administration and urban planners revisit the influence transportation construction has had on minority neighborhoods, they should also take seriously the similar problems the California high-speed rail system is creating today.
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How Local Government Names Make It Difficult to Monitor Their Spending and Other Data
Taxpayers, lawmakers and researchers need a broadly accepted, reliable, and comprehensive way to identify local governments and their data.