Category: Laurence Kotlikoff

The Big Bang Theory

January 3rd, 2014 in 2014, College and Graduate School of Arts and Sciences, Laurence Kotlikoff, Newsmakers, Politico.com 0 comments

kotlikoff11-150x150Politico.com “Politico Magazine”
Laurence Kotlikoff, College of Arts & Sciences

When it comes to the economy, hope tends to spring eternal at the start of the New Year…

Expert quote:

Our economy, like many of us, is fickle…

View full article

When it’s OK to retire with debt

December 15th, 2013 in 2013, College and Graduate School of Arts and Sciences, Laurence Kotlikoff, Marketwatch, Newsmakers 0 comments

kotlikoff11-150x150MarketWatch
Laurence Kotlikoff, College of Arts & Sciences

Conventional wisdom suggests that you shouldn’t retire with any debt…

Expert quote:

“When inflation takes off, you get to pay back your mortgage in watered down dollars and this offsets the fact that your pension or other stream of fixed nominal income loses real purchasing power. So retiring with debt can be a hedge against inflation, provided it’s long-term fixed term borrowing.”

View full article

Getting smart about Social Security

December 4th, 2013 in 2013, CNBC.com, College and Graduate School of Arts and Sciences, Laurence Kotlikoff, Newsmakers 0 comments

kotlikoff11-150x150CNBC.com
Laurence Kotlikoff, College of Arts & Sciences

The Social Security system was never intended to be the sole means of support for retired Americans, but it is nonetheless the most important source of income for many retirees…

Expert quote:

“Nobody wants to starve now and binge when they’re 90, or vice versa. The idea is to have a consistent standard of living through your retirement.”

View full article

What the Time Warner buyout could mean for cable … and the rest of us

November 23rd, 2013 in 2013, College and Graduate School of Arts and Sciences, Laurence Kotlikoff, Marketplace, Newsmakers 0 comments

kotlikoff11-150x150Marketplace
Laurence Kotlikoff, College of Arts & Sciences

Wanna know why Time Warner might merge with another major cable company (Comcast or Charter)?…

Expert quote:

“You get this monopolistic behavior where they charge much higher prices and give you lousy customer service.”

View full article

‘True US debt is about $205 trillion’ – expert

November 11th, 2013 in 2013, College and Graduate School of Arts and Sciences, Laurence Kotlikoff, Newsmakers, Voice of Russia 0 comments

kotlikoff11-150x150Voice of Russia
Laurence Kotlikoff, College of Arts & Sciences

Dr Laurence Kotlikoff, professor of economics at Boston University and a research associate at the National Bureau of Economic Research, was recently interviewed by the Financial Sense Newshour about the true state of fiscal affairs in this country…

Expert quote:

“The liabilities the government owes are mostly off the books.”

View full article

The U.S. Spends Much More on the Elderly Than It Does on the Young

October 27th, 2013 in 2013, College and Graduate School of Arts and Sciences, Laurence Kotlikoff, Newsmakers, Newsweek 0 comments

kotlikoff11-150x150Newsweek
Laurence Kotlikoff, College of Arts & Sciences

At Feltonville School of Arts and Sciences, a middle school in a poor neighborhood of Philadelphia, the school year began chaotically as budget cuts took effect…

Expert quote:

“There’s concern about the growing gap between the rich and the poor. But we’ve got another big problem: the growing gap in spending on the young versus the old.”

View full article

‘A major global depression’

October 19th, 2013 in 2013, College and Graduate School of Arts and Sciences, Laurence Kotlikoff, Newsmakers 0 comments

kotlikoff11-150x150Maclean’s
Laurence Kotlikoff, College of Arts & Sciences

Last month Jacob Lew, the U.S. treasury secretary, issued a stark warning about the state of American finances…

Expert quote:

“What we’re seeing here is a country that is really, desperately broke.”

View full article

And, by the way, our government is totally broke!

October 13th, 2013 in 2013, Boston Globe, College and Graduate School of Arts and Sciences, Laurence Kotlikoff, Newsmakers, OP-EDs by BU Professors 0 comments

kotlikoff11-150x150Boston Globe (subscription required)
By Laurence Kotlikoff, College of Arts & Sciences

As our members of Congress engage in their ridiculous fiscal tiff, we the public should bear in mind the huge problem this melodrama is concealing…

View full article

Maine to Allow Prescription-Drug Imports

October 8th, 2013 in 2013, College and Graduate School of Arts and Sciences, Laurence Kotlikoff, Newsmakers, Wall Street Journal 0 comments

kotlikoff11-150x150Wall Street Journal (subscription required)
Laurence Kotlikoff, College of Arts & Sciences

The hunt for cheaper prescription drugs long has led consumers to reach beyond U.S. borders, but under a Maine law set to take effect Wednesday, their search now will have the state’s blessing…

Expert quote:

“If Maine can do this, other states will do this. It could have a big impact on pharmaceutical companies’ long-term profits and desire to invent new medications. On the other hand, in some areas, they [drug makers] need to be brought back in line.”

View full article

Is Lawrence Summers right fit to lead the Fed?

September 15th, 2013 in 2013, Boston Globe, College and Graduate School of Arts and Sciences, Laurence Kotlikoff, Newsmakers 0 comments

kotlikoff11-150x150Boston Globe (subscription required)
Laurence Kotlikoff, College of Arts & Sciences

Should Lawrence Summers, the former Treasury secretary and Harvard University president, become the next chairman of the Federal Reserve?…

Expert quote:

“You want someone with leadership qualities not someone who is leaning back and cutting down other people’s ideas.”

View full article