A BPF Guest Commentary on AG's Financial Literacy Program

Mississippi’s Attorney General is suing companies and reaching settlements that funnel money to his favorite pet projects - such as the Financial Literacy Program. The Clarion Ledger ran an opinion piece outlining how those settlements violated the state constitution and were bad policy.

A BPF View: PERS Fiscal Time Bomb

According to data from the Public Employees' Retirement System of Mississippi, the annual cost of living adjustment (COLA) given to retirees, often in a year-ending lump sum known as the "13th check," is threatening to hollow out the pension fund's finances. 

Book Review: The Great Deformation

Stockman provides exhaustive documentation for his argument, but the most persuasive evidence is the stock market itself: today the S&P 500 is twenty times more valuable than it was in 1980, while real wages have barely budged.