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Pair of Bills Would Modernize North Carolina’s Alcohol Laws
Most southern states have abandoned their initial post-Prohibition regulatory regimes.
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New Risk Measures in Effect for Defined Benefit Plans
ASOP No. 51 is meant to help pension plan sponsors better understand and manage pension risk.
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California Teachers May Need Help to Avoid Retirement Savings Traps
High expense variable annuities crimp 403(b) plan investment returns. School employees should be encouraged to choose lower cost alternatives.
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Richmond, California’s Finances Remain Shaky
The city’s weak cash position leaves it less able to address contingencies, like those that might arise from a recession.
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Is School Choice a Trojan Horse?
The effects of school choice laws on homeschool prevalence.
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Does Private Schooling Affect International Test Scores?
Evidence from a natural experiment in a new study.
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Texas Teacher Pension Funding Bill Passes, But More Still Needs to Be Done
The legislature created the conditions needed to issue teachers an overdue cost of living payment, but fell short of addressing the systemic reforms needed to make such benefit increases more consistent for retirees.
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The Public Pension Crisis Is An Especially Big Threat To Women
Women are the largest group enrolled in troubled pension systems.
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New Study Calls for Major Rethinking and Reorganization of U.S. Space Policy
The plan would shift NASA’s role to primarily research and exploration, while enabling the private sector to develop a viable space industry.
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Weighted-Student Formula Pilot Program In Federal Education Budget Could Have a Big Impact
The weighted-student funding pilot proposal has the potential to make education spending more fair for students, especially in low-income areas.
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A Critical Review of Los Angeles Metro’s 28 by 2028 Plan
The Los Angeles County Metropolitan Transportation Authority has a history of over-promising, failing to deliver, and ultimately making things worse for transit users.
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What Wisconsin’s Governor Gets Wrong About Milwaukee’s School Voucher Program Costs
While there is strong evidence that the program results in higher achievement for students, school choice is not just about test scores.
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How Silicon Valley Can Help Solve State Government’s Technology Woes
President Obama turned to the private sector to help fix healthcare.gov and California Gov. Gavin Newsom should do the same with DMV and other state agencies.
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Pension Obligation Bondholders Take a Hit in Puerto Rico
Unfortunately, governments continue to take risks by issuing pension obligation bonds rather than resolving their underfunding problems by better aligning today’s contributions with future promises.
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New Jersey Senate President Rolls Out Important Path to Pension Reform Progress
The reform appears to be a bold and creative way to slow the growth of pension costs while still keeping the retirement promises made to public workers.
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California’s High-Speed Rail Plan Gets Better, But Is Still Flawed And Too Expensive
The state should not gamble any more money on this troubled initiative.
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The Evidence Suggests That School Choice Is A Wise Investment in Wisconsin
Most of the rigorous studies find that school choice in Wisconsin also improves students’ academic achievement, high school graduation rates, college enrollment rates, civic engagement, and decreases crime.
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High Prescription Drug Prices Hit Pension Plans, Hurt State and Local Taxpayers
While high prescription drugs costs are most often seen as a problem for individual consumers or the federal Medicare program, they also significantly impact state and local governments.
