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Privatization Doesn’t Orphan Public Pension Systems
Members leaving a pension plan add nothing to a plan’s unfunded liabilities since no additional pension “liability” can accrue for work not undertaken.
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Public-Private Resources Address Big Homelessness Problem With Tiny Solution
State and local governments are using tiny homes to serve low income and homeless populations.
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Estimated Values Of Selected U.S. State and Local Infrastructure Assets
There are numerous opportunities for asset recycling by U.S. cities, counties and states.
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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.
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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.
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Don’t Let CalPERS’ CEO Scandal Divert Attention From the System’s Accomplishments
The largest pension fund in the country is facing a scandal over apparently false claims its CEO made on her employment application.
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Reviewing Recent Research on How Pension Reform Affects Public Sector Recruitment and Retention
There is a lack of any robust empirical evidence to support such a claim, as evidenced by a review of recent articles that discuss the consequences of retirement benefit changes for public service recruitment and retention.
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If Southern California Cities Start Public Banks, Taxpayers Should Prepare for Massive Bailouts
Should cities and counties start their own government-owned banks?
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The Opioid Fix That Wasn’t
If the Trump administration wants to make meaningful change, there are plenty of actions it can take that don’t waste taxpayer resources.