Who cares about public pension liability? Well, you should – after all, it’s the reason entire cities and even states are facing bankruptcy. Joshua Rauh, professor of finance at Stanford and Senior Fellow at the Hoover Institution, paints a startling picture of just how broken the public pension system really is, and what will happen if we continue to ignore it.
By Illinois ReviewAs Gov. JB Pritzker pushes to make Chicago the long-term home of the Democratic National Convention, one of Illinois’ most iconic sports franchises is actively exploring...
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