We cannot say for sure how much job security is worth. But we can say it is worth something more than zero and we believe that our estimates are reasonable or even conservative.

Total job package for Wisconsin public employees tops that of public workers by 10% and in some cases even more.

Some states have maintained balanced or near-balanced budgets through the financial crisis, while others have run significant deficits. Some have responsibly funded their pensions even during difficult times, while others have fallen back on borrowing and accounting tricks. The differences arise from how hard different states were hit by the recession and how hard their elected officials worked to address their budget problems.

Public pension accounting standards encourage state and local governments to promise too much, fund too little and take too much risk with their investments.

At this event, panelists discussed the expansion of government in the United States.

America's version of capitalism has been much more dynamic than Europe's. Why don't Obama and Romney debate that?

The commonly held view that state tort liability litigation can do much good and little harm because it provides added protection to patients and consumers is largely unsupported.