Reason Foundation

Voters in Oregon decriminalized all drugs. And voters in several states legalized marijuana and medical marijuana. These shifts away from the failed War on Drugs to an evidence-based harm reduction approach are important and positive steps.

Overly optimistic investment return assumptions have been the biggest contributor to the Arizona State Retirement System's public pension debtadding over $10 billion in debt since 2002.

Most states have outdated school finance systems that allocate dollars unfairly and limit progress. Here are simple ways to fix that.

Investment returns falling short of expectations have added over $30 billion in debt to Texas’ Teacher Retirement System since 2001.

Voters in Washington D.C. are deciding if they want the use of, possession of, and cultivation of small amounts of entheogenic plants, like magic mushrooms, to be downgraded to law enforcement's lowest priority.

Student-centered funding models treat every child fairly and give parents and individual schools more control over how education dollars are spent.

This new tool shows how much money pension debt payments are siphoning away from students and classrooms. Detroit Public Schools spent $2,202 per student to pay down the Michigan Public School Employees Retirement System’s debt in 2018. Lansing Public Schools had to divert $2,428 per pupil to pension debt.

The weakening of mandatory indirect auto sales laws would be great news for consumers.

California has avoided the worst-case pandemic-related budget deficits so far, but state lawmakers could still hurt the state’s economy with more tax increases.

Green energy loans, used by homeowners to finance things like solar panels and roof replacements, are starting to look like the subprime mortgages that led to the Great Recession, which is especially worrying because of the involvement of local governments.

School budgets are being hit hard by the coronavirus pandemic, but some of the short-term policy responses are worsening inequities in the system and could hurt students and schools for years to come.

Colorado’s pension reforms actually put the state on track to have its public employee retirement system fully funded.

As flu season arrives and coronavirus cases increase, states are going to need the right balance of protecting public health and letting economic activity continue because another strict lockdown would be too much for many businesses to bear, causing more to close permanently and destroying thousands of jobs in the process.