Do term limits encourage short-term thinking?
Governments constantly make choices between what needs to be paid for today and what can wait until tomorrow. Public pensions make that tradeoff especially important because states must […]
Author: Bruce D. McDonald III
What Virginia can learn from local finances in Brazil
A road needs repairs. A public building needs maintenance. Employees and suppliers need to be paid. For Virginia’s cities, counties and towns, meeting those obligations depends on more […]