Delve into the complexities of banking practices and financial challenges with expert insights on the 2008 financial crisis. Topics include banking mismatches, transparency issues, Lehman Brothers, and systemic risks. Gain nuanced understanding of financial crises and today's economic landscape.

Take the guesswork out of financial decisions at every stage of life with Maxifi: ⁠⁠⁠⁠⁠⁠⁠https://maxifiplanner.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Designed by Economist Laurence Kotlikoff. In this captivating episode of EM, we are honored to have Pulitzer Prize-winning journalist and esteemed author, David Cay Johnston, join hosts Laurence Kotlikoff and Alex Kotlikoff for an in-depth exploration of American democracy and the economic impact of political power. David's investigative prowess and authorship of critically-acclaimed books, including "The Making of Donald Trump" and "The Big Cheat," provide him with authoritative insights into the intersection of economics, politics, and the American legal system. Topics Covered: 1. The State of Democracy: We probe into David’s concern about the erosion of democratic institutions and the implications for the U.S. political landscape. Johnston’s examination of the potential dangers of one-party rule and extreme viewpoints offers a sobering look at the current threats to democratic traditions. 2. Political Accountability and Economic Impact: Our discussion transitions to the ethical and financial ramifications of political behavior, with David Cay Johnston sharing his research on the Trump administration's business dealings, legislative outcomes, and the worrying patterns of monetizing political positions. 3. Future of American Politics: David and our hosts contemplate the prospects of democracy amidst the shifting grounds of political allegiance and the vitality of centrist issues. Johnston provides a critical forecast on Trump’s future influence and the possibility of emerging leaders in U.S. politics. 4. Media, Investigation, and Truth: This segment delves into David Kay Johnston's critique of media practices in investigating public figures and how a diligent pursuit of the truth is essential for an informed electorate. His first-hand experience with investigative journalism underscores the session’s emphasis on fact-based discourse. Listeners will emerge from this episode more informed about the intricate dynamics of politics, wealth, and power, appreciating the vital role of responsible media in upholding democratic values. The dialogue is certain to stimulate both thought and discussion on the importance of transparency and legal integrity in the functioning of society. _____________________________________________________ Laurence Kotlikoff is a Boston University Economist, a NY Times Best Selling Author, President of maxifi.com, and Author of Money Magic. Follow Professor Kotlikoff: Facebook: kotlikoff Twitter: @kotlikoff LinkedIn: laurencekotlikoff Substack: https://larrykotlikoff.substack.com/ Books: https://kotlikoff.net/books/ Company: https://maxifiplanner.com/⁠⁠⁠

Take the guesswork out of financial decisions at every stage of life with Maxifi: ⁠⁠⁠⁠⁠⁠⁠https://maxifiplanner.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Designed by Economist Laurence Kotlikoff. Professor Kotlikoff engages with the esteemed Robert Akerlof, Associate Professor of Economics at the University of Warwick. A voice of authority in his field, Akerlof specializes in the confluence of sociology and economics, focusing on how moral considerations and social interactions influence preferences and behaviors within organizations. His work has vital implications for understanding economic behavior through a nuanced and interdisciplinary lens. Topics Covered: 1. The Balance of Peer Influence 2. Resolving Cultural Clashes 3. Economic Perspectives on Society 4. Addressing South Korea's Fertility Crisis Time Stamps: 00:00 People are guided by beliefs, stories motivate actions. 10:33 Microsoft fostered individualism, causing internal competition and anger. 16:23 Social norms act as adaptable, subtle programming. 19:18 Conflict can be modeled as relatively rational. 27:06 Values affect self and peer esteem interactions. 30:51 Improving social life and educational culture in schools. 38:22 Defining reasonable person and its application. 42:07 Mediating conflicts through cultural commonality and justice. 46:22 Prime-age men without work, family, esteem. 51:18 Traditional and modern family dynamics and labor. 59:59 Career first, marriage last, impacting fertility. _____________________________________________________ Laurence Kotlikoff is a Boston University Economist, a NY Times Best Selling Author, President of maxifi.com, and Author of Money Magic. Follow Professor Kotlikoff: Facebook: kotlikoff Twitter: @kotlikoff LinkedIn: laurencekotlikoff Substack: https://larrykotlikoff.substack.com/ Books: https://kotlikoff.net/books/ Company: https://maxifiplanner.com/⁠⁠⁠

Take the guesswork out of financial decisions at every stage of life with Maxifi: ⁠⁠⁠⁠⁠⁠https://maxifiplanner.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠. Designed by Economist Laurence Kotlikoff. Professor Kotlikoff sits down with an exceptional guest, Ron Surz. Delving into a wealth of experience, Ron's career has seen him transitioning from an engineer at Northrop to an esteemed pension fund consultant at A.G. Becker. Today, he stands as the president of Target Date Solutions and co-host of the Baby Boomer Investing Show. With a strong foothold in the investment industry, Ron Surz stands as a voice of authority, particularly in the space of retirement planning and target date funds. You will benefit from Ron's nuanced take on contemporary investment mechanisms, the merit of true diversification, and holistic approaches to retirement savings. The insights offered in this episode are critical not only for those nearing the twilight of their careers but for any individual looking to navigate the turbid waters of financial planning with clarity and foresight. Talking Points: The Philosphy and Efficacy of Target Date Funds Investment Strategies and The Retirement Risk Zone The Future of Retirement Planning The Legal and Structural Overhaul of the Industry Time Stamps: 00:00 15 years for portfolio, minimal chance of loss. 10:36 Pension Act of 2006 prompted investment alternatives. 11:33 New personalized target data account software available. 19:23 Target date funds lack proper investment theory. 26:06 Economist: Adjust spending based on comprehensive assessment. 29:09 Comparing target date funds to full-risk investing. 36:54 Financial decision-making over time and risk. 42:31 Buy Money Magic for better financial life. 44:26 Manage risk by adjusting investment and spending. 51:55 Zavi's idea: safe investment with upside potential. 59:03 Fiduciary mindset on consultants choosing target funds. 01:01:39 Ensure safety in investments for older adults. 01:06:06 Congress drama of action masks Social Security deficit. _____________________________________________________ Laurence Kotlikoff is a Boston University Economist, a NY Times Best Selling Author, President of maxifi.com, and Author of Money Magic. Follow Professor Kotlikoff: Facebook: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠kotlikoff⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@kotlikoff⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ LinkedIn: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠laurencekotlikoff⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Substack: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://larrykotlikoff.substack.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Books: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://kotlikoff.net/books/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Company: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://maxifiplanner.com/⁠⁠⁠

Take the guesswork out of financial decisions at every stage of life with Maxifi: ⁠⁠⁠⁠⁠⁠https://maxifiplanner.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠. Designed by Economist Laurence Kotlikoff. **Note this episode was recorded prior to the October 6th attacks in Israel, and the current Israeli-Palestinian conflict.** Professor Kotlikoff sits down with the illustrious Eytan Sheshinski, an esteemed economist renowned for his incisive analysis of public economics and policy formulation. Professor Sheshinski's storied career lends him exceptional authority; he has been a prolific contributor to the field of economics, with prodigious work on the theory of taxation and the economics of natural resources. Serving as an economic advisor to various governments and institutions, his insights are invaluable to understanding the complexities of modern economies. Throughout the episode, Sheshinski and Kotlikoff navigate through an array of pressing topics, including: The political volatility in Israel and its economic ramifications The complexities of Israel's military and educational exemptions for the ultra-orthodox community The debate surrounding judicial reform within Israel An intricate look at Israel's foreign relations This discussion promises to elucidate the delicate junction of economics and politics, providing you with a deeper appreciation of the intricate balance required for sustainable development and the maintenance of democratic principles. Time Stamps: 05:00 Netanyahu faces trial, rumors of plea deal. 09:45 Key witnesses testify against Netanyahu on misconduct. 13:43 He ran successful coalition with slim majority. 14:42 Rising extreme right in Israel, election trend. 19:45 Israel protests judicial reform, demands military action. 21:33 Netanyahu, opposition in negotiations, President may intervene. 25:55 Orthodox schooling lacks core subjects, faces scrutiny. 28:45 Israel's reserve duty leads to conflict. 31:41 Israeli coalition determined by stance on settlements. 35:32 Creating Palestinian state with Israeli settlements challenge. 38:31 Biden and Netanyahu's strained relationship, US support. 41:43 Israel dominates air, attacks Iranian supplies successfully. __________________________________________________________ Laurence Kotlikoff is a Boston University Economist, a NY Times Best Selling Author, President of maxifi.com, and Author of Money Magic. Follow Professor Kotlikoff: Facebook: kotlikoff Twitter: @kotlikoff LinkedIn: laurencekotlikoff Substack: https://larrykotlikoff.substack.com/ Books: https://kotlikoff.net/books/ Company: https://maxifiplanner.com/⁠⁠⁠

Explore the surprising resilience of the U.S. economy, investment strategies during market fluctuations, geopolitical tensions' economic impacts, and preparing for 2024's real estate and banking forecasts. Learn about financial empowerment, adapting to the future, and navigating uncertain economic landscapes with informed pragmatism.

Take the guesswork out of financial decisions at every stage of life with Maxifi: ⁠⁠⁠⁠⁠https://maxifiplanner.com/⁠⁠⁠⁠⁠⁠⁠⁠. Designed by Economist Laurence Kotlikoff. Professor Kotlikoff welcomes the renowned Robert Pinsky, a figure whose work echoes through the corridors of literary excellence. His tenure as U.S. poet laureate for an unprecedented three terms stands as a testament to his profound influence on contemporary poetry. A respected scholar and a man of letters, Pinsky's academic and creative pursuits make him an authority on the interplay between the rhythmic cadences of poetry and the quantitative precision of economics. This conversation promises invaluable insights for listeners who seek to deepen their understanding of the profound effects of language on economics and culture. Time Stamps: 04:50 Robert Pinsky and Martin Hayes poetry-jazz combo. 08:13 Robert's journey to Boston University, op-ed. 11:25 Surprising link between economics, poetry, and language. 14:29 Gooch's poem conveys regret and experience. 16:47 Op ed discusses transformation of words and expression. 21:42 Struggle for understanding: the process is crucial. 25:09 Criticism of canned responses and Orwellian challenges. 29:50 Attainment of meaning requires hard work and language is haunted. Examples of Jewish meaning and anti semitism. 33:59 Language haunted by ghosts, needs amusement, attention. 37:41 Reciting a 1980s poem about stock market. 40:18 Briefly encountered Robert Frost, felt disappointment in interactions. 44:08 Language was crucial for court members. 46:54 Expression of grief and loss in language. 50:59 Careful consideration of committee expertise and qualifications. 54:12 Embrace delight despite life's hardships and injustices. 57:37 Robert Pinsky's insightful op-ed in NYT. _____________________________________________________ Laurence Kotlikoff is a Boston University Economist, a NY Times Best Selling Author, President of maxifi.com, and Author of Money Magic. Follow Professor Kotlikoff: Facebook: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠kotlikoff⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@kotlikoff⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ LinkedIn: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠laurencekotlikoff⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Substack: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://larrykotlikoff.substack.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Books: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://kotlikoff.net/books/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Company: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://maxifiplanner.com/⁠⁠⁠

In this podcast, Laurence Kotlikoff interviews Rob Berger, discussing investment strategies, retirement planning, and economic theories. They explore portfolio diversification, social security strategies, and personal approaches to financial decision-making. Rob's background as a securities lawyer turned personal finance expert adds a unique perspective to the conversation. The discussion covers optimizing financial tools for retirement security and balancing consumption and savings for happiness.

Take the guesswork out of financial decisions at every stage of life with Maxifi: ⁠⁠⁠https://maxifiplanner.com/⁠⁠⁠⁠⁠⁠. Designed by Economist Laurence Kotlikoff. Professor Kotlikoff is joined by Clifford Winston, a senior fellow in the Economic Studies program at the Brookings Institution, where he specializes in the field of transportation economics. A respected voice in his domain, Clifford's analytical approach to infrastructure, regulation, and transportation policy makes him an expert in dissecting the intricacies of US transportation systems. He has penned numerous significant works, including his impactful book "Revitalizing a Nation: Competition and Innovation in the US Transportation System," that bring forth innovative ideas aimed at transforming how the nation moves. Clifford's distinguished career, which includes influencing transportation policy debates and pushing for reform to increase efficiency and innovation in the sector, presents him with the unique ability to scrutinize the conventional protocols that govern America's transport grid. Time Stamps: 00:00 Public perception of infrastructure with engineering dominance. 07:34 Pricing for heavy vehicles to reduce damage. 14:00 Private and public sectors face consequences. 21:19 Administration lacks transparent infrastructure change communication. 23:21 Tax per mile to account for externalities. 29:03 Question market failure before implementing electric vehicle policies. 38:16 Government funding of infrastructure causes inefficient allocation. 43:47 Transportation system's impact on macroeconomic policy explained. 47:58 Airlines benefit from global deregulation for travel. 54:46 Resistance to change in government laws and regulations. 55:44 Private sector innovates, public sector lacks incentives. 01:01:38 Hoping for candidate to hire as transportation person. _____________________________________________________ Laurence Kotlikoff is a Boston University Economist, a NY Times Best Selling Author, President of maxifi.com, and Author of Money Magic. Follow Professor Kotlikoff: Facebook: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠kotlikoff⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@kotlikoff⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ LinkedIn: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠laurencekotlikoff⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Substack: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://larrykotlikoff.substack.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Books: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://kotlikoff.net/books/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Company: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://maxifiplanner.com/⁠⁠⁠

Take the guesswork out of financial decisions at every stage of life with Maxifi: ⁠⁠https://maxifiplanner.com/⁠⁠⁠⁠⁠. Designed by Economist Laurence Kotlikoff. Professor Kotlikoff sits down with Andrew Fesiak, a distinguished expert in defense and security with a remarkable understanding of the geopolitical landscape of Eastern Europe. Having lived over two decades in Ukraine, Fesiak brings a unique blend of on-the-ground insights and scholarly expertise. As a Senior Consultant at Black Trident Defense and Security Group, he's at the forefront of analyzing private military company dynamics and their impact on global security. With an academic foundation from Kiev State University and the helm of a media company focusing on the former Soviet Union, Andrew's perspective carries the weight of experience and the edge of real-time relevance. Time Stamps: 00:00 Russia's invasion of Ukraine predicted chaos. 09:28 Finland joining NATO and Russia's thin spread. 12:43 Seven aircraft shot down, popular leader strategizes. 16:52 Ukrainian concerns about air protection for tanks. 23:06 Bridge in northern Crimea destroyed, transportation of weapons affected. 30:20 Weak sanctions emboldened Putin; serious potential consequences. 33:41 Ukraine should join NATO to prevent war. 39:51 New app stores important documents securely. 48:25 Russian troops face severe consequences for retreating. 54:02 Russian propaganda distorts tank destruction in war. 54:42 Russian morale low as Ukraine gains ground. 59:54 Ukraine and the west did an amazing job. _____________________________________________________ Laurence Kotlikoff is a Boston University Economist, a NY Times Best Selling Author, President of maxifi.com, and Author of Money Magic. Follow Professor Kotlikoff: Facebook: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠kotlikoff⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@kotlikoff⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ LinkedIn: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠laurencekotlikoff⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Substack: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://larrykotlikoff.substack.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Books: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://kotlikoff.net/books/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Company: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://maxifiplanner.com/⁠⁠⁠