Redefining financial literacy

One of the many lessons that has come out of the sub-prime mortgage crisis, if not the entire economic downturn, is the need for new thinking in the areas of financial literacy and consumer protection.  As part of new program called Family Financial  Skills, MassINC pulled together a group of experts to discuss what can be

Dan Grabauskas to join MassINC as Senior Fellow for Public Policy

BOSTON—MassINC announced today that it has named Daniel Grabauskas as the inaugural Senior Fellow for Public Policy. Grabauskas brings two decades of public sector management experience spanning five administrations to this transitional appointment at the Boston-based, non-partisan, think tank. Grabauskas, most recently known for his work as the General Manager of the Massachusetts Bay Transportation

New MassINC study on education reform finds state’s landmark legislation has had significant but limited success

Bold new steps are needed in order for the state to meet one of the primary goals of education reform, according to a new report released today by MassINC. Incomplete Grade: Massachusetts Education Reform at 15 assesses the impact of the Massachusetts Education Reform Act of 1993 (MERA) and compares the relative performance of low-spending

MassINC Applauds Budget Language on Capital Gains Tax Reform

BOSTON— Governor Patrick’s move to curb the state’s reliance on the capital gains tax was applauded today by MassINC, the nonpartisan public policy institute that recently warned of the state’s growing reliance on this volatile and unpredictable revenue source. “I commend Governor Patrick and Secretary Kirwan for seizing the opportunity within the current budget crisis

Massachusetts Budget Among Most At Risk for Drop in Capital Gains

BOSTON — MassINC today released a policy brief exposing the fiscal risks of Massachusetts’ overreliance on the capital gains tax, an unpredictable and volatile revenue stream subject to swings in the economy such as the current downturn. In “Capital Gains: Avoiding Harm to the State Budget,” author Cameron Huff states that Massachusetts is now third

Chief executives of gateway cities form alliance to advance new urban agenda

United in their desire for economic renewal, the chief executives of 11 Massachusetts cities today signed a proclamation forming an Alliance to address the challenges and opportunities inherent in their aging economies. Named “the Gateways Compact for Community and Economic Development,” the partnership is aimed at drawing investment to communities outside of Boston while providing

Massachusetts state budget reaches “point of reckoning”

The Massachusetts state budget has reached a point of reckoning, as the nation’s looming recession threatens to shatter Beacon Hill’s ability to juggle the budget’s structural imbalance and skyrocketing health care costs, according to Point of Reckoning: Two Decades of State Budget Trends, a new policy brief released today by MassINC, a nonpartisan think tank

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