Economists are people who are good with numbers but don’t have the personality to be actuaries. I’m an exception. My personality beats the actuarial standard, rivaling, on occasion, that of an accountant. So, subscribe to experience the improbable — a dismal scientist you might tolerate.
The real reason to subscribe?
You’ll have access to my columns before they are published and to my thinking on the myriad issues of the day, which I would not otherwise be publishing. Part of what I intend to cover are analyses by other economists, financial gurus, and the press. As you’ll see, I’m a tough critic. So, you’ll hear from me and you’ll also learn what others are saying and whether it makes sense.
But here’s the most important reason to subscribe.
I’m going to help you deeply understand our complex global and national economies. More important, I’m going to help you improve your personal economy. Translation? I’m going to provide you secrets to more money, less risk, and a better life.
That’s the subtitle of Money Magic, my 20th book, which was just released to terrific reviews. My prior book on personal finance (co-authored with Phillip Moeller and Paul Solman) — Get What’s Yours — the Secrets to Maxing Out Your Social Security — was a NY Times Best Seller.
Translation? You’ll find my newsletter well-written, fun, and informative. It’s also wide-ranging. As you can see at kotlikoff.net, I’m a very broad economist. The hashtags for my work include taxes, deficits, finance, banking, healthcare, inequality, economic growth, climate change, international economics, demographics, inflation, interest rates, and a slew of other major economic issues. I also don’t shy away from international affairs and foreign policy.
Now, some background:
I’m a professor of economics at Boston University, a Fellow of the American Academy of Arts and Sciences, and a Fellow of the Econometrica Society. I have a significant domestic and international standing. The Economist Magazine ranked me among the world’s top 25 most influential economists. (I keep reminding my wife of this point to no avail.)
So, yes, I’m an academic nerd. But I’m not entirely stuck in the Ivory Tower. Back in 1993, I started my software company, Economics Security Planning, Inc., which delivers economics-based financial planning guidance. We market two programs — MaxiFi Planner and Maximize My Social Security — to households and financial planners. The programs are veritable gold mines. They can help you find slews of ways to raise and preserve your living standard. MaxiFi is also designed to get you more bang for the buck when it comes to making a host of lifestyle decisions. Sigh. Not everyone wants to run software. That’s why I write financial advice books and personal finance columns. It’s also partly why I’m writing this newsletter.
Most academic economists think their job is to study a narrow set of topics, write papers on those topics, deliver seminars on their papers, and never convey a thing they’ve learned to the public. I differ. Academic economists, like academics in general, are incredibly privileged members of society. We have an obligation to give back, specifically to share what we’ve discovered and do so in plain English, not complex equations. Over the years, I’ve tried to give back. I’ve written op eds, columns, and blogs for the NY Times, the Wall Street Journal, the Washington Post, Forbes, Bloomberg, PBS NewsHour, CNBC, Yahoo, Barrons, Huffington Post, and the list goes on.
I’m currently a regular contributor to Forbes, CNBC, and The Hill. In the past, I was a regular columnist for Bloomberg and wrote a syndicated personal finance column, which was featured in the Dallas Morning News and other papers.
In addition to talking to the public about their work, I think economists are obliged to try to improve the economy. This is why I’ve written books, articles, and columns about tax reform, Social Security reform, healthcare reform, carbon taxation, … — you name it. Indeed, back in 2016, I was sufficiently obsessed with the need to improve our economic policies that I ran as a registered write-in candidate for President. I didn’t expect to win. At the tender age of 64, I knew I was far too young. But I was hopeful the press would pay attention to my platform. It paid exactly zero attention. But you will! So I’ll be discussing, now and then, how to fix America. And you can help spread the word to your members of Congress as well as improve on my suggestions. This is another reason to subscribe.
Want the really, really important reason to sign up? You’re going to learn things you won’t learn elsewhere. You’ll get the views of someone who thinks very far out of the box, who is entirely non-partisan, who is on no one’s payroll, who has worked all over the planet (China, El Salvador, Chile, the UK, Bolivia, Russia, Ukraine, Japan, Italy Germany, Argentina, Israel, Switzerland, Turkey, Mexico … you name it), who has a very thick Rolodex, who talks with myriad extremely well informed and connected domestic and foreign players, who has consulted for a long list of governments and private companies, who has worked for our government (at the President’s Council of Economic Advisors), who has testified on multiple occasions to Congress, who is in touch with current and former top government officials, who checks his facts, who discusses his opinions, who listens to others, and who changes his mind.
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