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In less than twenty-five years, government “affordable housing” and other housing policies have turned a healthy market into a financial ruin. Until Fannie and Freddie’s market dominance and the government’s role in the housing finance system are substantially reduced or eliminated, the United States will continue to have an inferior and unstable housing market.
It is a view as ubiquitous as it is simplistic: To improve public education, pay teachers more—a lot more. Union officials, education reformers, scholars, laypeople, and politicians of all stripes endorse this principle in one form or another.
Social investing, by both the political left and right, frequently ends up hurting the very people--particularly the economically disadvantaged--that it is supposed to help.
Many government employees are paid up to 30 percent more than those in the private sector.
Beneficiaries deserve pension fund trustees who will put their financial interests first and Democratic politics second. It's not just the law--it's the right thing to do.
The American economy has been a wonder because we have constrained capricious government intervention into private enterprise. State pension funds are messing with our formula for success.
Tens and millions of dollars flow each year from foreign sources to American labor unions, but actions taken by President Obama's administration make that money harder to trace.
Frederick M. Hess and Juliet P. Squire examine the political incentives that affect the fiscal health of teacher pension funds and prevent their modernization to fit the twenty-first-century workforce.





