Episodes

  • 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 John Friedman, a towering figure in the world of economics. As a distinguished economist at Brown University, co-director of Opportunity Insights, and an influential researcher frequently cited for his insights on inequality and education policy, John's pedigree is unmatched when it comes to discussing the barriers faced by disadvantaged youths. A celebrated thought leader, Friedman has shone a light on the pressing issues within America's education system, making him the perfect authority to delve into the complicated web of admissions policies and economic mobility.

    Topics Covered:

    The unsettling realities of legacy admissions at elite schools and their preferential treatment toward students from high-income families Innovative educational methods The lingering impacts of the pandemic on education A nuanced discourse on the thorny issue of race and education

    You will gain a comprehensive understanding of the education landscape, the factors driving inequality, and the potential solutions that could promote upward mobility.

    Timestamps:

    05:53 Elite universities may limit leadership potential diversity. 07:43 Income disparities impact access to educational institutions. 11:15 Legacy boost benefits high-income families more. 16:31 Universities should fight inequality, improve admissions policies. 20:27 Legacy preferences perpetuate socioeconomic inequality in universities. 23:51 Supreme Court justices from Ivy League schools. 26:10 Attending elite schools leads to major benefits. 28:52 Focusing on top earners and school selection. 33:37 Individual circumstances, not just demographic checkboxes matter. 37:25 Schools balance academics and student diversity goals. 40:43 Race-based opportunity disparities faced by children. 43:00 Dictator for a year can change education. 46:50 Invest in recurring education improvements to address disparities. 52:07 Importance of technology and in-person schooling. 54:01 Schools adapted to support student needs through pandemic.

    ____________________________________________________

    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 welcomes Kerry Pechter, a seasoned journalist and the pioneering founder and editor of Retirement Income Journal. Kerry's profound knowledge and keen insights into the global retirement industry have established him as a leading authority. His journalistic journey, which includes notable tenures at Vanguard and as an Annuity Market News senior editor, has uniquely positioned him to dissect and predict trends in retirement planning.

    During this eye-opening discussion, Kerry lends his expertise on a variety of topics that are critical for anyone thinking about their financial future.

    Topics:

    The Impact of Elections on Retirement Planning Personal Responsibility in Retirement Readiness The Complex World of Annuities The Ethical Obligations of Financial Advisors

    Time Stamps:

    00:00 Favorable experience attending small liberal arts school. 08:34 Leveraging opportunities for career success and retirement. 14:41 Lack of data on couples’ savings for retirement. 19:51 Various types of annuities and salespeople explained. 27:58 Contentious argument with dol threatens livelihood, forces change. 32:08 Client questions insurance agent's honesty and obligations. 34:59 Financial advisor selling opaque investment products, lacking transparency. 45:40 Nicholas Barr on retirement systems and challenges. 48:01 Propose new fully funded, Wall Street-free system. 53:18 Plan ahead, save, and understand finances.

    The conversation provides invaluable counsel for listeners seeking to navigate the often complex realm of retirement planning. Pechter's global perspective and Kotlikoff's economic expertise combine to offer a masterclass on the subject, making this an episode not to be missed.

    ____________________________________________________

    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/⁠⁠⁠

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  • 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 the highly esteemed Uri Dadush, a luminary in the field of international economics. Uri Dadush's credentials are remarkable, having served as a senior fellow at the Policy Center for the New South and at the OCP Foundation, both in Morocco. His rich professional tapestry includes illustrious tenures at the World Bank, where he directed international trade, and at the Economist Intelligence Unit. He is also an insightful writer and an influential thinker with a myriad of articles and books on international economic topics to his credit.

    Topics Covered:

    The future dynamics of China's economy China and Taiwan Trade shifting sands and the global order The evolution of international trade

    Time Stamps:

    00:00 Global trade and alliances. 08:18 US imposes tariffs, blames China for issues. 12:04 US trading system, internal tensions, WTO rules. 16:07 Tariffs between U.S. and China: political theater? 16:50 China's threat exaggerated, economy more stable. 23:34 International infrastructure investment efforts slowed due to constraints. 26:44 Africa's progress in economic growth and investment. 30:02 Europe population declining, Africa making progress slowly. 33:04 Global trade shifts causing geopolitical tensions and suspicions. 37:08 Potential for China-US conflict over Ukraine, Taiwan. 40:17 US recognizes Taiwan, sensitive issue, possibility. 43:33 China's economic future, global impact, and strategy. 46:54 President Xi supports voluntary agreement on Taiwan. 52:02 China rapidly expanding navy, developing hypersonic missiles. 54:13 Imagining crazy leader in Chinese hierarchy scenario.

    The value in this discussion is immeasurable. You will gain a deeper understanding of the multifaceted economic relationships that are shaping our global future. Dadush's insights provide a prism through which we can appreciate the various economic forecasts and policy options that could guide international strategies in the years ahead.

    ____________________________________________________

    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 the multifaceted Harris Goldberg, a seasoned figure in the film and television industry, whose credits extend from screenwriting and directing to teaching the next generation of creatives at esteemed institutions such as UCLA and McMaster University. You may recognize his work as producer for Deuce Bigelow, Happy Gilmore, Without a Paddle and many others. Harris's extensive career, boasting an impressive portfolio that includes a multi-picture deal with Disney and collaborations with notable names in comedy, positions him as an undeniable authority in content creation and entertainment economics.

    Throughout the conversation, Harris shares invaluable insights that bridge the gap between economic theories and the arts.

    Talking Points:

    The Evolution of the Film Industry Financial Realities and Creative Challenges Personal Finance and Career Longevity

    This is a rare opportunity to understand the complexities of an industry often shrouded in glamour, through the lens of economics. Whether you're an aspiring artist, a film enthusiast, or an economics student, this is a dialogue that illuminates the intricate dance between creativity and cost, passion and profit, dreams, and reality.

    Time Stamps:

    00:00 Exploring economics and success in film industry. 07:17 Starting a business requires passion and perseverance. 12:42 Movies made money through theaters, international sales, DVDs. 19:08 In the past, pitching ideas landed writing jobs. 25:48 Studios often struggle to predict success. 29:02 Navigating Hollywood's competitive talent pool for projects. 36:06 Most movies don't stand out, except few. 37:58 Unlikely start as writer, trip to LA. 44:29 Early years were spent pleasing others as writer. 50:12 Friend from Goldman called about tax issue. 55:55 We said, comedic deliverance, big movie idea. 01:00:33 Passion drives creativity

    ____________________________________________________

    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 Kerry Hannon, a prominent voice in personal finance and career development. Kerry's authority emanates from her vast experience as a financial journalist, author, and commentator, having contributed to influential platforms like Yahoo Finance, The New York Times, Forbes, PBS, and ABC. She grew up in an environment steeped in business acumen and nurtured a passion for writing that propelled her through dynamic positions at Forbes magazine, Money magazine, US News and World Report, and USA Today. With a background that interweaves journalism with keen insights on workplace trends, Kerry provides invaluable perspectives to those navigating financial and career challenges in an ever-changing economy.

    Topics Discussed:

    Crafting Personal Financial Security Combatting Ageism in the Workplace Gender Disparity and Workplace Diversity Adapting to Modern Workplace Dynamics

    Timestamps:

    00:00 Grew up in management consulting, never joined. 09:32 Networking led to writing and business success. 14:40 Discovering inner brain, economics researcher with Harvard. 21:04 Getting a raise requires seeking outside offers 24:22 Terry Savage became a broker despite obstacles. 31:13 Women often take non-promotable assignments due to societal expectations. 34:05 Remote work opens global job opportunities, fights ageism. 42:54 Wall Street encourages early Social Security to profit. 47:22 Maxify.com software plans retirement and Social Security. 53:27 Older workers in demand due to shortages. 57:30 Overcoming ageism in academia through prolific publishing.

    Listeners of this episode will gain insight into creating a sustainable and rewarding career path while navigating the complexities of personal finance. Kerry Hannon's expertise offers a blueprint for resilience, self-worth, and adaptability in an evolving market, making this episode an essential listen for anyone looking to flourish professionally and financially.

    _____________________________________________________

    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 goes deep on climate economics, and Its founder, Economic Nobel Price winner William Nordhaus. A small army of climate economists have followed in Nordhaus' footsteps in modeling climate change and how to fix it. In the process, they've inadvertently started a climate war, pitting the young against the old and climate-endangered countries against carbon-producing countries

    Professor Kotlikoff sounds the alarm that climate change is not down the road or around the corner. It's here. The evidence, for those who respect evidence, is unmistakable. The only question is how to stop it. He lists what he believes are requirements to rethink climate economics and solve this existential threat once and for all.

    Topics Covered:

    The Economy and the Environment Policy-making for a Sustainable Future The Role of Technology in Climate Mitigation Fostering International Cooperation

    Time Stamps:

    00:00 Economist criticizes modeling's impact on climate change.

    05:58 Greta suggests solutions for climate change problem.

    14:58 Little evidence of current generations caring about future.

    19:12 Wrong economic model leads to climate change.

    24:27 Italian economist's genius solution to externalities.

    33:00 Economists simplify simulation for representative household model.

    34:32 Climate change skepticism addressed by proposing solutions.

    41:39 Study shows 4.3% gain in consumption.

    47:50 Model predicts global emissions, economic decline in India.

    55:25 Urgent need for global climate compensation calculations.

    59:48 Paper discusses carbon risk and uncertainty implications.

    01:02:09 Carbon risk taxation could justify $100+ tax.

    You will come away from this episode armed with a deeper understanding of the interplay between economics and the environment and the critical need for proactive policy-making that prioritizes sustainable growth. Professor Kotlikoff's unique perspectives will enlighten anyone interested in the future of our planet and the economic structures that support it.

    _____________________________________________________

    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 prominent financial analyst and thought leader John Mauldin. With a legacy rooted in economic discourse and financial education, John has carved out a reputation for his deep dives into complex fiscal matters. As a New York Times bestselling author who has penned six influential books, John's insights stem from a combination of rigorous analysis and a natural knack for clear, engaging storytelling. A household name among a million-strong newsletter audience, he also stands as a co-founder of Mauldin Economics, organizing an annual strategic investment conference featuring esteemed economists and analysts.

    Topics Covered:

    1. The Future of Social Security and Medicare

    2.The Current Banking Climate

    3.Energy Policy and Environmental Solutions

    4.Investment Strategies in a Stagnant Market

    Time Stamps:

    05:35 Transition from print to internet, successful business. 09:50 Debate over renewable energy and climate concerns. 12:03 Gradual shift to carbon tax benefits all. 16:04 Texans have something unique to offer. 19:39 Mismatched duration creates problems for financial institutions. 20:46 Early rate hikes would have prevented inflation. 24:20 Slow phase-out of leverage causing tightened lending. 29:06 Housing costs not showing in CPI data. 30:46 Banking industry contracting, small banks at risk. 34:51 Banks, debt crisis, Social Security, elderly concerns. 38:12 By 2030, US national debt to reach $50T. Bond market to demand more discipline, higher rates. 40:29 Economists say consumption taxes are more progressive. 46:19 Modernize Social Security, healthcare reform, fiscal system. 49:17 Predicts a softening in the GDP market. 52:44 Rocket landing and reusing, battery innovation. Amazing!

    You will find in this dialogue a potent blend of wisdom and foresight. Mauldin's expertise not only shines through in his economic predictions but also in his pragmatic approach to present financial realities. This discussion will shape your understanding of the future - both imminent and distant.

    _____________________________________________________

    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 welcomes David Cay Johnston back on Economics Matters. David is an investigative journalist, author, and specialist in economics and tax issues. David's authority on these subjects is unquestioned, with a career boasting a Pulitzer Prize for Beat Reporting and a long history of examining economic complexities. His work deeply scrutinizes fiscal policies and has brought to light many hidden layers of the American tax system.

    Johnston's academic presence at Syracuse University as a visiting lecturer melds practical journalism with academic insights, ensuring the conversation is both grounded and intellectually robust. His expertise in Donald Trump's finances brings an unparalleled depth of understanding to issues surrounding Trump’s legal entanglements and political maneuverings.

    Topics Covered:

    Trump's Financial Empire Legal Battles and Political Influence Election Integrity and Foreign Interference The Role of Power and Authoritarianism

    This conversation promises to be invaluable for anyone interested in the intersection of finance, law, and politics. It illuminates complex issues with the sharp analysis only a seasoned journalist like David Cay Johnston can provide.

    Time Stamps:

    03:58 Man runs for president, opposes Trump, predicts dictatorship. 07:10 Donald Trump facing legal challenges in court. 12:10 Donald Trump disclosed crucial national security secrets. 15:50 Unlimited resources to fuel criminal activities, and Kremlin interference revealed. 17:57 Claims of wrongdoing but no concrete evidence. 21:42 Supreme Court unlikely to take up case. 25:05 Florida judge violates oath, New York trial expected. 27:45 Trump's CFO likely avoiding jail time. 30:53 State cases matter due to pardon limitations. 35:13 Trump's bail status and First Amendment rights. 37:02 Putin aims to reassemble old Soviet Union. 41:04 Trump's legal issues, Russia.

    ____________________________________________________

    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 joins forces with Theo Kocken, a distinguished professor of risk management at VU University Amsterdam and the visionary founder of Cardano, a trailblazing pension, investment, and risk management firm. Theo's compelling background as a former head of risk management at ING and his strategic expertise in averting financial crises for major pension funds, like KLM's, mark him as an authoritative voice in the field of economic risk management and sustainable development finance.

    Topics Covered:

    The Financial Risks and Rewards of An Aging Global Population Risk Management as a Pillar for Economic Stability The Intersection of Climate Change and Global Finance Investment as a Tool for Development and Diplomacy

    The value of this discussion is immense, offering a perspective that bridges the gap between academic theory and practical execution in risk management, development finance, and global economic trends. It reveals how sound fiscal precautions and targeted investments could potentially avert future financial and environmental crises, promoting sustainable growth and cooperation across borders.

    _____________________________________________________

    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.

    Proessor Kotlikoff sits down with the preeminent Harry Margolis, a distinguished figure in elder law and planning for individuals with disabilities, state trust administration, and elder law associations. His extensive legal expertise and active involvement in addressing the complexities of eldercare make Harry a voice of authority in this crucial space.

    Throughout the conversation, Harry sheds light on pivotal topics that impact not only the elderly but their families as well.

    Topics Covered:

    The Dilemma of Asset Distribution Legal and Financial Strategies for Longevity Navigating the Medicaid Maze Understanding Elder Care Options

    You will gain a clearer understanding of the legal and economic considerations that are essential to aging with dignity and security. As always, the value in this discussion lies in its ability to translate complex legal and financial concepts into actionable insights for the everyday person.

    Time Stamps:

    00:00 Questions about credible health insurance for aging. 04:35 Long term care insurance costs have risen. 08:13 Continuing care retirement communities offer varied care options. 11:20 The impact of healthcare costs on lower incomes. 14:55 Protecting the house from Medicaid claims explained. 18:27 Protect assets to avoid nursing home reliance. 23:56 Prepare durable power of attorney for protection. 24:48 Consider new living situation at age 75. 29:05 Hidden fees might affect future house sale. 33:27 Managing assets in remarriage after divorce. 35:45 Communicate, document, and plan for family's benefit. 44:11 Consider family financial decisions to avoid burdens.

    _____________________________________________________

    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 Rick Miller, founder and President of Sensible Financial Planning and a prominent figure in the financial advisory world. With a robust background that includes a Ph.D. in economics from the University of Chicago and a transformative career that took him from academia to a leader in practical financial planning, Rick Miller brings a wealth of knowledge and direct experience to the conversation about retirement planning and personal finance.

    Topics Covered:

    Misconceptions about Retirement Savings The Human Psychology of Saving Comprehensive Financial Planning Strategies

    Time Stamps:

    00:00 Expert motivates financial planning, shares personal journey. 07:31 Discussion at seminar led by Gary Becker. 11:43 Anxiety in youth: overcoming self-doubt. 18:25 Led project to combine mutual funds, advise AARP. 24:38 Utilized Rolodex to launch mutual fund business. 27:30 Economics-based approach, importance of financial planning. 34:14 Set realistic retirement goals with careful planning. 41:11 Individuals have different preferences for grocery shopping. 47:35 High-income earners may need more retirement savings. 52:56 Government-sponsored retirement accounts managed by employers. 54:32 Early pensions, American Express, 1870s, retirees. 01:01:59 Economic planning tools lacking, causing widespread apprehension. 01:05:17 People seek more than just investment advice.

    You will gain an understanding of the real-world implications of mismanaging retirement savings and how one can approach their personal finance by leveraging the expertise of seasoned advisors like Rick Miller. The value of this discussion is immense, as it brings to light practical tools and methodologies, such as dynamic programming and the MaxiFi planner, which are crucial for managing finances in anticipation of a robust, secure retirement.

    _____________________________________________________

    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 is joined by two notable authorities in finance and estate planning: Frank Napolitano and Katie Von Kohorn. Frank Napolitano brings to the discussion his multifaceted experience as a certified financial planner and chartered financial analyst. His expertise shines in asset and risk management, setting him apart as a guiding force for clients navigating the complexities of estate planning and retirement income planning.

    Katie Von Kohorn, stands out with her 20-year tenure in trusts and estates law. A trusted advisor to multi-generational families, she wields a depth of knowledge in the intricacies of trust planning, charitable giving, and exempt organizations.

    This discussion provides invaluable insights for anyone seeking to understand the significance of estate planning and how to manage their financial legacy responsibly. Whether you're affluent or part of the middle class, the expertise of Napolitano and Von Kohorn will illuminate paths to ensure fair treatment of heirs and secure financial futures.

    Toipcs Covered:

    Strategic Estate Planning for Asset Protection Navigating Tax Implications and Benefits The Role of Trusts in Modern Financial Planning

    Time Stamps:

    00:00 Discussing estate planning, gift planning, and finances. 16:14 Get a will or trust to decide. 17:57 Revocable trust aids in estate planning for beneficiaries. 23:04 Spouse as trustee, limited distributions for tax benefits. 24:16 Segregation, control, and distribution in marital trusts. 29:16 Trust needed to exempt $24 million tax. 33:15 Reducing estate tax using trust and insurance. 36:17 Concerns about trustee reliability, control, and succession. 37:42 Trustees' concerns, family members' roles, fiduciary duty. 46:10 Estate planning to protect inheritance and benefits. 47:23 Trustee charges for estate and child care. 51:01 Allocating assets between spouses with different amounts. 53:43 Options for handling assets in event of death.

    __________________________________________________________

    Laurence Kotlikoff is a Boston University Economist, a NY Times Best Selling Author, President of maxifi.com, and Author of Money Magic.

    dr

    Follow Professor Kotlikoff:

    Facebook: kotlikoff

    Twitter: @kotlikoff

    LinkedIn: laurencekotlikoff

    Substack: https://larrykotlikoff.substack.com/

    Books: https://kotlikoff.net/books/

    Company: https://maxifiplanner.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠pace⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Twitter: ⁠@kotlikoff⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ LinkedIn: laurencekotlikoff Substack: https://larrykotlikoff.substack.com/ Books: https://kotlikoff.net/books/ Company: https://maxifiplanner.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠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 in a thought-provoking discussion with Glenn Loury, a distinguished economist and academic known for his incisive analyses on racial and socioeconomic issues. As the Merton P. Stoltz Professor of the Social Sciences at Brown University, Loury's academic rigor and outspoken commentary on public policy have cemented his position as a leading voice on contemporary race relations and economics. His insights are enriched by a prolific career, with accolades from esteemed organizations, and his direct experience as the youngest African American to receive tenure in Harvard's economics department.

    Topics Discussed:

    College Admissions and Minority Representation The Examination of Affirmative Action's Efficacy Societal Mission of Educational Institutions. Race and Public Policy

    Time Stamps:

    00:00 Boston University proud of hiring Glenn. 07:26 Accomplished intellectual holds prestigious memberships, pursues diverse interests. 13:31 Impact of stereotypes on minorities. 18:45 Debate over affirmative action and its consequences. 30:12 Alabama districting racially biased; racism not eliminated. 37:14 Issue with admissions at Harvard University and Alabama. 38:08 Harvard admissions considers various factors, including ethnicity. 46:29 Admissions may accept based on interviews only. 53:21 Schools have specific criteria for class diversity. 56:27 Diverse society with strong, persuasive views. 59:37 Early education crucial to addressing college disparities. 01:08:31 Harvard produces successful graduates, despite controversies. 01:10:19 Grateful for diverse friends and interesting discussions.

    You will come away with a richer understanding of the nuanced debates around education, affirmative action, and racial justice, emboldened by Loury's authoritative yet accessible discourse. This dialogue promises not only to enlighten but also to ignite a broader conversation on the intersection of economics, race, and policy.

    _____________________________________________________

    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 guest Peter Coy, whose prolific career in journalism has solidified his position as a leading voice in the articulation of complex economic issues to the public. With a rich background that spans from covering the history of the periodic table to providing in-depth analyses on the economic repercussions of the COVID-19 pandemic, Coy brings not only a wealth of knowledge but also a unique ability to make dense topics accessible and engaging.

    His authority springs from decades of experience, interviews with eminent economists like Milton Friedman, and his tenure as an economics editor.

    Topics Covered:

    Commercial Real Estate and Banking Solvency. Challenges of Modern Macroeconomics. Geo-economic Shifts and the Future. Journalism and Economics.

    Time Stamps:

    00:00 Peter's diverse career path from history major to columnist. 05:12 Harvard's lessons still relevant; writing for NYT. 10:38 Peter interviews multiple economists for insightful articles. 14:30 Public writing, newspapers still essential. 19:53 Generations' approach to climate change and policies. 24:33 Real estate troubles may lead to bank failures. 26:01 Trillion-dollar overnight withdrawal sparks fears of inflation. 31:17 Banks loosen commercial real estate loan standards. 33:06 Study suggests banks may be bankrupt soon. 38:58 Chinese economists see slower growth, but positive. 41:44 Western Europe, Japan, Russia, China, India challenges.

    You can anticipate a rich discussion, sharpening your understanding of the current economic landscape, unveiling the behind-the-scenes challenges of economic journalism, and broadening your perspective on the global economy.

    _____________________________________________________

    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 esteemed guests Joe Pimbley and Doug Lucas to dissect the complexities of banking practices and the financial industry's past and present challenges. Joe Pimbley, principal of Maxwell consulting firm, brings a wealth of experience in banking, valuation, and securities trading, with his role as lead examiner on the Lehman bankruptcy court highlighting his expertise in handling financial catastrophes. Doug Lucas, a seasoned finance professional and creator of 20storiesfinance.com He shares unique insights garnered from his UBS tenure and his proximity to the 2008 financial crisis.

    Topics Covered:

    The Banking Mismatch: The perils of banks borrowing short-term to invest in long-term assets. Crisis Under the Microscope: Analyzing the role of transparency, or the lack thereof, in precipitating the subprime mortgage crisis and comparing those lessons to today's economic conditions. Financial System Shifts Lehman Brothers Revisited

    You will garner a nuanced understanding of how financial crises manifest and the systemic risks facing today's economic landscape.

    Time Stamps:

    00:00 Doug: Expert on CLOs, CDOs, structured finance.

    07:10 RPI campus, authors finance books, patents.

    10:31 Five banks had same core issue in 2008.

    13:52 Deposits are short-term lending in banking.

    16:22 Opacity in subprimes led to 2008 financial crisis.

    18:44 When did people know subprime mortgages were bad?

    24:31 House prices rose but then declined sharply.

    28:47 Mortgages performed well until sudden downturn.

    32:07 Investigation of subprime securities and potential shorting.

    34:23 Traders weren't short, market opaqueness debunked.

    37:59 Doubt on market decline during 2008 recession.

    40:43 Bankers and lenders lacked credit discipline.

    46:02 Discussion about banking crisis and stock losses.

    48:44 Banking world rotation: deposits to investments shift.

    51:52 Retirement project connects with old and new.

    _____________________________________________________

    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.

    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/⁠⁠⁠

  • 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 Jonathan Treussard, a figure synonymous with astute financial foresight and robust economic analysis. With an admirable blend of mathematical prowess and shrewd investment acumen, Jonathan stands as a paragon in financial and investment management. He is the founder of Trussard Capital Management, where his commitment to client empowerment and fiduciary responsibility sets the bar for customer-centric financial stewardship.

    This conversation will give you not just an understanding of the economic pulse of 2023 but also a foresight into the challenges and opportunities that lie in 2024. By navigating through the realms of economics, investment, and geopolitical concerns, Jonathan offers a masterclass on the value of embracing uncertainty with informed pragmatism. This episode is a must-listen for anyone eager to decipher the complexities of the financial world and safeguard their economic future.

    Topics Covered:

    The Surprising Resilience of the U.S. Economy Investment Strategies Amid Fluctuating Markets Geo-Political Tensions and Economic Implications Preparing for the Real Estate and Banking Forecast of 2024

    Time Stamps:

    05:51 Prepare for the future, adapt, and respond. 07:19 Investment professional clients seek empowerment and fiduciary service. 11:46 US economy's surprising strength despite some doubts. 15:09 Inflation improved, interest rates stable, short-term different. 17:56 2023 surprises: strong real estate, minimal financial stress. 24:26 Bloomberg columnist predicts normal economy for 2024. 28:10 Regional banks face risks from commercial loans. 29:37 Economic slowdown may lead to fiscal challenges. 33:18 Geopolitics and potential conflict are top concerns. 38:31 Private markets tighten, expecting worst, now hopeful. 40:03 Crisis brings opportunities but also potential risks. 45:18 High yields on inflation index bonds reflect confidence. 46:20 Jonathan provides great portfolio management advice.

    __________________________________________________________

    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/⁠⁠⁠