Author: Steven Malanga

Call it a tale of two states. On the one hand, California is briskly creating private-sector jobs, led by a Silicon Valley hiring spree. Sacramento’s

California’s two mammoth public-pension funds—the California Public Employees Retirement System (CalPERS) and the California State Teachers’ Retirement System (CalSTRS)—are short a shocking $225 billion that

When unions agreed to a deal last month with Detroit city government to freeze the city’s underfunded pension system and create a new, less expensive

As Dan DiSalvo notes below, the Supreme Court heard arguments in Harris v. Quinn, in which several home health care workers in Illinois who have

Former Los Angeles Mayor Richard Riordan, who has been a prescient critic of current state and local pension plans, published a piece earlier this week

Crossposted City Journal Last year, a medical-technology firm called Numira Biosciences, founded in 2005 in Irvine, California, packed its bags and moved to Salt Lake