Economics Matters with Laurence Kotlikoff

Professor Kotlikoff is joined by long-time friend, Eugene Steuerle, one of the U.S.'s top economists and one of the nation's most respected tax experts, for an insightful conversation about our countries dire fiscal situation. His accolades and background experience are extensive: Institute Fellow and the Richard B. Fisher chair at the Urban Institute. Deputy Assistant Secretary of the Treasury for Tax Analysis (1987-1989), the U.S. government's highest fiscal position.  President of the National Tax Association (2001–2002) Co-Director of the Urban-Brookings Tax Policy Center Chair of Social Security's 1999 Technical Chaired a 2015–16 National Academy of Sciences Committee study on investing in children. One of the key architects of the historic 1986 Tax Reform Act.  Author, coauthor, or co-editor of 18 books, including Dead Men Ruling, Nonprofits and Government (3rd edition), Contemporary US Tax Policy (2nd edition), and Advancing the Power of Economic Evidence to Inform Investments in Children, Youth, and Families. Topics Discussed: The dire fiscal situation facing the American economy. The problem of unfunded liabilities. The growing insurmountable debt held by the U.S. The short sighted solutions being implemented by government. Generational accounting and methodology. Solutions on how to fix the fiscal problem. --------------------------------------------------------------------------- Economic Matters - The podcast is hosted by Laurence Kotlikoff and moderated by Alex Kotlikoff. Laurence Kotlikoff is a Boston University Economist, a NY Times Best Selling Author, President of maxifi.com, and Author of Money Magic. Facebook: kotlikoff Twitter: @kotlikoff LinkedIn: laurencekotlikoff Substack: https://larrykotlikoff.substack.com/ Books: https://kotlikoff.net/books/ Company: https://maxifiplanner.com/

Professor Kotlikoff is joined by one of the world's premier economists. Amy Finkelstein, PhD is the John & Jennie S. MacDonald Professor of Economics at MIT, co-director and research associate of the Public Economics Program at the NBER, and the co-Scientific Director of J-PAL North America. Amy has won countless awards for her truly outstanding contributions to economics and is one of the brightest minds in the field. Together with another superb economist, Stanford's Liran Einav, Amy co-wrote a terrific book on fixing our broken healthcare system called, We've Got You Covered. Professors Kotilkoff and Finkelstein discuss her book and go deep with shocking real life cases of bad the US healthcare system is and the people that suffer. Plus, practical answers on how to fix it, and the advantages of a two level universal healthcare system. Also, a comparison to foreign healthcare systems, the best of which produce dramatically better healthcare outcomes at half the cost. ------------------------------------------------------------------------------------------------------------- Economic Matters - The podcast is hosted by Laurence Kotlikoff and moderated by Alex Kotlikoff. Laurence Kotlikoff is a Boston University Economist, a NY Times Best Selling Author, President of maxifi.com, and Author of Money Magic. Facebook   / kotlikoff   Twitter   / kotlikoff   LinkedIn   / laurencekotlikoff   Substack https://larrykotlikoff.substack.com/ Books https://kotlikoff.net/books/ Company https://maxifiplanner.com/

This episode of Economics Matters is a checkup on our staggering banking system, which is scarily similar to the run ups to the S&L crisis and the Great Financial Crisis. Professor Kotlikoff is joined by Boston University Law Professor Cornelius Hurley. He has a wealth of private and government banking regulatory experience including serving as Assistant General Counsel of the Board of Governors of the Federal Reserve System. With over 30 years of diversified legal and entrepreneurial management experience in financial services, there are few people more qualified to cry wolf about the U.S. financial situation than him. Together Professors Kotlikoff and Hurley go into detail about the multiple bank failures the U.S. has experienced in the past half year. The downgrading of U.S. debt and rising Treasury rates. Plus, the fact that on a marked-to-market basis over half of FDIC insured banks are insolvent. Unless a miracle raises their asset values above their liabilities, they are heading down the tubes. The only question is whether they will go out of business slowly or overnight. ------------------------------------------------------------------------------------------------------------- Economic Matters - The podcast is hosted by Laurence Kotlikoff and moderated by Alex Kotlikoff. Laurence Kotlikoff is a Boston University Economist, a NY Times Best Selling Author, President of maxifi.com, and Author of Money Magic. Facebook ⁠https://www.facebook.com/Kotlikoff/⁠ Twitter ⁠https://twitter.com/kotlikoff⁠ LinkedIn ⁠https://www.linkedin.com/in/laurencek...⁠ Substack ⁠https://larrykotlikoff.substack.com/⁠ Books ⁠https://kotlikoff.net/books/⁠ Company ⁠https://maxifiplanner.com/

Professor Kotlikoff is joined by Rabbi Bogot, Author, Educator and Scholar. He is Director of Education for the Union of Reform Judaism. He has an extraordinary career and through his teachings and writings, he is responsible for having guided the Jewish education of tens of millions of children, past and present. He is a brilliant educator, full of wit, humor, kindness, knowledge, and wisdom. In this episode you'll hear how education and economics go hand in hand and the retirement lessons from Judaism. Rabbi Bogot has written numerous books about the Jewish perspective on managing our lives humanely. This includes our economic lives. In addition to all else, he is the consummate scholar. His pedagogy combines insights from many disciplines and schools of thought, including philosophy, social work, mindfullness, psychology, comparative religion, Jewish studies, and much more. ------------------------------------------------------------------------------------------------------------- Economic Matters - The podcast is hosted by Laurence Kotlikoff and moderated by Alex Kotlikoff. Laurence Kotlikoff is a Boston University Economist, a NY Times Best Selling Author, President of maxifi.com, and Author of Money Magic. Facebook https://www.facebook.com/Kotlikoff/ Twitter https://twitter.com/kotlikoff LinkedIn https://www.linkedin.com/in/laurencek... Substack https://larrykotlikoff.substack.com/ Books https://kotlikoff.net/books/ Company https://maxifiplanner.com/

Wade Pfau and Prof. Kotlikoff discuss retirement planning strategies, dangers of Monte Carlo, and achieving a financially successful retirement. Wade's expertise in retirement income planning shines through, emphasizing the importance of annual plan adjustments and exploring innovative approaches to financial planning for a secure retirement.

Apollo's Chief Economist, Torsten Slok, shares insights on the current banking crisis, stubborn 5% inflation, rising recession prospects, potential real estate subprime crisis, the Fed's role in inflation, and Danish optimism vs economic pessimism.

Retirement planning strategies, biases in financial services, inflation impacts, Social Security benefits, downsizing in retirement, imputed rent concept, couch potato investment approach, inflation index bonds, Scott Burns' wisdom on financial mindset and service deficiencies.

Martin Wolf, Chief Economics Commentator at the Financial Times, discusses global economic outlook, supply side shocks, inflation concerns, energy prices, the Ukraine war, and political implications with Laurence Kotlikoff in a riveting conversation.

Robert Powell, a premier financial journalist and retirement expert, discusses financial decisions in retirement on the podcast. Topics include: no straight path to retirement, assets at retirement, upside to investing, economics vs conventional financial planning, financial advisors, retirement software, behavioral finance, and inflation.