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 now focuses on sovereign and sub-sovereign credit risk and fiscal sustainability.
His financial research has been published by the California State Treasurer's Office, UC Berkeley, the Mercatus Center at George Mason University 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 and The San Jose Mercury News.
He has an MBA from New York University and an MPA from San Francisco State University.
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The Surprisingly Risk-Free Origin of Public Pension Investment Return Assumptions
A look back at the history of the California Public Employees’ Retirement System shows that pension systems originally took a very safe approach to investments - which may offer some lessons for today.
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Making Cost of Living Adjustments to Public Pensions During the Coronavirus Pandemic and Beyond
Cost of living adjustments that move with actual measurements of inflation are more appropriate than fixed-rate increases—especially in a year like 2020.
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Americans Need More COVID-19 Data, Not Rules, From Government
Overwhelmingly, Americans make rational and community-minded choices. What they need from the government is public health data to help inform those choices.
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What California Can Learn From Places Successfully Lifting Coronavirus Shelter-in-Place Orders
The state should look at the experience of Northern European countries that have been significantly and successfully relaxing restrictions over the last several weeks.
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Poor Cap-and-Trade Proceeds Raise More Funding Questions for California’s High-Speed Rail Project
The high-speed rail project is under growing bipartisan pressure.
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The Good and Bad In California’s Revised Budget, Which Projects a $54 Billion Deficit
At this time of severely limited resources, the state legislature should ask each department and agency to start at zero and to justify its entire budget and spending plans.
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Work-From-Home Trends Should Have Bay Area Rethinking Rail Projects
Lower tax revenue, stagnating population growth and tech companies' increased willingness to let people work from home, might mean costly rail extensions in San Jose and San Francisco shouldn't move forward.
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As Tourism Declines Due to Coronavirus Pandemic, Hawaii Faces Severe Pension Funding Problems
The Employees’ Retirement System of Hawaii had a funded ratio of just 55 percent before the coronavirus pandemic and economic downturn.
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As Retail Industry Struggles, Cities Can Encourage Commercial-to-Residential Property Conversions
To help avoid business closures and building vacancies, cities should reduce unnecessary restrictions that may prevent businesses from adjusting to the realities of the pandemic.