Polypant: You can afford anything, but not everything. Every choice that you make is a trade off against something else. Professor laurence kotlakof has been named one of the world's 25 most influential conomists by the economist magazine. He takes on issues such as inflation, debt, active investing versus passive investing and whether you should take your financial advice from financial planners or economists. polypant: What you are about to hear is not necessarily a view that i myself personally have adopted, nor is it a view that represents afor anything.
#329: Have you ever thought about how an economist views financial planning? Would you guess that it's vastly different from how some financial planners approach this work?
Today's guest, Laurence Kotlikoff, is a Professor of Economics at Boston University. The Economist named him one of the world's 25 most influential economists in 2014. Professor Kotlikoff has written 19 books, and hundreds of professional articles and Op-Eds.
He's here to explain why economists take a different view than financial planners on investing, retirement planning, and risk mitigation.
For more information, visit the show notes at https://affordanything.com/episode329
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