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Comparing Illinois’ Draft Legislation to Legalize Marijuana to Reason’s Conceptual Framework
In some ways, Senate Bill 7 in Illinois would create an overly regulated and restrictive cannabis marketplace that substitutes inflexible bureaucratic directive for entrepreneurial judgment and initiative.
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Study: State Pensions Are Badly Trailing Their Own Investment Return Assumptions
A recent study highlights the costly pitfalls of making overly optimistic rate of return assumptions and the associated investment risks borne by public pension plans.
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New Mexico Takes Steps to Reform Teacher Pensions, But More Is Needed
These recent positive steps still fall short of meaningfully addressing NMERB’s longer-term solvency concerns.
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Arizona Pension Bonuses Are Troubling. But Risky Investments Are The Real Crime
The bonuses raise important questions about what should really be ringing alarm bells.
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Study: Private Schools Produce the Same Academic Outcomes For a Third of the Cost of Public Schools
The most recent federal evaluation of the D.C. voucher program finds that it increases student satisfaction and safety, and decreases absenteeism, at a third of the cost of public schools.
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How to Modify Florida’s Approach to the Opioid Crisis
Rather than doubling down on what hasn’t worked for decades, we need to embrace harm-reduction approaches.
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New York City’s Pension Debt Could Push It to Bankruptcy
Nearly 75 percent of the city’s $197.8 billion deficit is due to pension and other retirement liabilities.
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Awarding Education Dollars for Student Outcomes May Sound Good, but There’s a Better Type of Performance-Based Funding: School Choice
The last thing public education needs is yet another technocratic attempt to engineer better outcomes.
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Examining the Lawsuit Massachusetts Filed Against Purdue Pharma Over the Opioids Problem
As opioid overdoses continue to climb in the United States, politicians and the public are understandably trying to determine what or who is responsible for this public health crisis.
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As Teacher Pensions Turn 125, the Old Lessons Learned Are Still Relevant
The failure of America's first public teacher retirement plan offers valuable insights for today.s policymakers.
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Webinar: Leveraging Public Assets for Pension Solvency
State and local governments facing pension solvency challenges are exploring the transfer, lease or sale of public assets to shore up underfunded retiree benefit systems.
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Setting the Record Straight on School Choice, Charter and Private Schools
Facts matter when trying to improve the educational opportunities available to students.
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Warren Buffett: Avoid States With Large Unfunded Pension Liabilities
Buffett's advice should be yet another public nudge for states to look closer at curbing their pension costs and keeping tax burdens at bay.
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The STATES Act Would Signal Progress But Could Also Create Many Problems
Congress is introducing legislation attempting to end the futile federal prohibition of pot.
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Highlighting the Need For Better Municipal Finance Data
First-ever Municipal Finance Data Forum examined the importance of, and challenges in, moving toward standardized, machine-readable government financial data.
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The Municipal Market Needs Data Standards
A major barrier to low-cost data access is the format of municipal disclosure.
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Finding the Money to Fix and Modernize Southern California’s Interstates
Issuing long-term revenue bonds backed solely by toll revenues would generate the money for interstate reconstruction projects in major cities like Los Angeles to get underway now.
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School Funding Disparities Should Alarm All, Not Just Those Who Lean Left
Not only are they manifestly unfair, but they also prevent educational freedom from flourishing.
