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Examining the control state and local governments have over public pension plans
State and local governments have wide latitude to change or modify most aspects of their retirement plans' design, funding, and administration.
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The DOJ’s weak antitrust case against Google
Consumers have plenty of choices regarding search and other software products, but they often choose Google because they believe it provides the best results.
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Texas legislature continues bipartisan push to modernize public retirement benefits
But the state’s most intractable public pension challenge—addressing the Teacher Retirement System’s $51 billion of debt and unsustainable fiscal path—remains.
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Policymakers should examine the economics of data privacy
American policymakers implementing data privacy laws should consider the negative economic impact that overly burdensome frameworks like GDPR could induce.
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Blame Congress for air travel delays and air traffic control problems
Several airlines have had meltdowns this year, but federal policies—set largely by Congress—have played a key role in these air travel problems.
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California needs to limit the use of solitary confinement
Assembly Bill 280, the California Mandela Act on Solitary Confinement, aims to reduce the use of segregated confinement in the state’s prisons, jails, and private detention facilities.
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Why public pension systems invest in private equity, even when they shouldn’t
Public pension funds are under pressure to reduce the accumulating debt as much as possible and present an actual rate of return that matches estimates.
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Public pension systems need to reduce debt and modernize design for today’s workforce
The traditional pension system still used by most state and local governments no longer meets the needs of most workers or employers.
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How Utah can reduce smoking-related deaths
Reforming Utah's unnecessary and outdated nicotine cap would save lives and accelerate the demise of traditional cigarettes.
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That SAFE Banking Act for legal cannabis companies stalls in the Senate, again
The Secure and Fair Enforcement (SAFE) Banking Act has been billed as the answer to banking woes for cannabis companies and a version of it has been introduced in every Congress since 2013.
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Surface Transportation Board signals revival of heavy-handed freight rail regulation
The STB should review the history of unintended consequences of railroad regulation and avoid repeating the mistakes of the past.
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Public pension costs continue to drive up Milwaukee taxes
Milwaukee needs to urgently tackle the mounting public pension costs burdening the city's budget.
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Washington state’s road user charge needs to replace gas tax, not promote political goals
Throughout the country, individual states and multistate coalitions are testing the viability of using per-mile charging to replace the state gas taxes drivers pay.
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Upcoming 405 express lanes will help Southern California commuters
The new variably priced express lanes are scheduled to open on 14 miles of highly congested I-405 in Orange County.
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A new approach to financing the reconstruction of Interstate highways
The majority of Intestate lane miles and numerous bridges across the country need to be replaced or reconstructed.
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California should decriminalize psychedelics
Senate Bill 58 is an important, prudent, evidence-based step that can improve public health and the lives of Californians.
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Reason Webinar: Robert Atkinson and Thomas Hazlett on big tech’s power, social media regulation, FTC antitrust lawsuits, and more
We discuss whether tech companies have become too big and powerful and what tech-related policies and regulations most need to be changed.
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California fossil fuel pension divestment bill stopped, for now
Fiduciary duty is the only thing pension funds should be considering when picking investments.
