Latest
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California Can Improve the Effectiveness of its Education Spending
California Gov. Gavin Newsom’s budget plan now calls for $101.8 billion in education spending.
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What If Vouchers Came With More Freedom for Public School Leaders? Our Research Shows They Still Wouldn’t Go Along
Although there may be merit in such policy, deregulating public schools will not increase their leaders’ support for private school vouchers in California.
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The Debate Over Pension Debt and Government Spending in Kansas
KPERS may be substantially overestimating the value of its assets and underestimating its current pension debt.
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Teachers’ Retirement System of Louisiana (TRSL) Pension Solvency Analysis
Investment returns failing to meet unrealistic expectations has been the largest contributor to the unfunded liability growth, adding $4.2 billion to the unfunded liability since 2000.
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Reason Foundation’s Drug Policy Newsletter, June 2019
The NAACP and ACLU have come together to ask the DEA to suspend its drug enforcement activities, Delaware may be considering legalization in the near future, and more.
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Sweeney Proposal Would Help Secure New Jersey Pensions
Despite criticism from some unions, the reform proposal would ensure that retirement promises made to public workers are kept.
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Education Professors Ignore the Evidence On School Choice
How could anyone get these findings so wrong?
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Public Pensions Left Out of Louisiana Debt Conversation
Acknowledging that obligation and the systemic issues that put that obligation at risk is the first step to addressing the entire debt issue for the betterment of all Louisianans, present and future.
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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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Deal or No Deal? The Effects of Deregulation on Public School Leaders’ Support for Private School Choice in California
Public school leaders might be more likely to support private school voucher programs if they are enacted alongside public school deregulations.
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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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Surface Transportation Newsletter #188
What if there is no infrastructure bill?
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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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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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The Economics of Space: An Industry Ready to Launch
Here are cooperative ways for government agencies and the private sector to promote widespread commercialization of space transportation and accelerate the pace of exploration and economic development of space.