In discussing changes to public employee benefits, a critical question is which groups of employees they should be applied to. There is no legal or moral limit to changes for new employees. It would be both illegal and immoral in most instances to make big changes to benefits of those already retired. For the cases […]
What is the net environmental impact of a deep energy retrofit (DER)? We know that adding insulation, a more efficient furnace, modern windows and leak sealing foam to an older house will reduce the energy required to maintain a given temperature. We can calculate the cost savings and GHG reductions. But what of the environmental […]
Summary Massachusetts already has several levels of limits on malpractice suits and damages Pretrial tribunals Caps on non-economic damages Caps on attorney’s fees Malpractice rates set by the Insurance Commissioner Pretrial tribunals are not a significant barrier to pursuing a suit The amount of bond necessary to move forward is too low and has […]
Via Brad Delong‘s blog: http://www.cepr.net/index.php/publications/reports/the-origins-and-severity-of-the-public-pension-crisis It argues, roughly, that the current shortfall is attributable to the recent stock market plunge, that pension funds, because of their size and long-term outlook, need not and should not invest like individuals, and that the size of the shortfalls, as a share of future state receipts, is not that alarming. […]
An overview of bill flow in the past session.
While the problem of patronage in probation may have been substantially addressed by changing leadership, it still may make sense to reorganize the system.