Laurence Kotlikoff

Official Federal Debt

Submitted by tom on Wed, 08/11/2010 - 10:53

$202 trillion (yes, trillion with a "t") according to Boston University economist Laurence Kotlikoff.

This includes the Social Security, Medicare and Medicaid liabilities that the federal government considers "unofficial" (aka unaccounted for) at the moment.

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Medicare

Laurence Kotlikoff

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Social Security

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Social Security & Pensions

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Medicare

Laurence Kotlikoff

Lessons from the Financial Crisis

Submitted by tom on Tue, 02/23/2010 - 10:46

Boston University Professor Laurence Kotlikoff is full of interesting ideas on a range of topics--including personal finance and retirement planning.

A recent piece of his provides a good overview of the factors that contributed to the financial crisis.

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Annuities Suggested as Part of Pension Reform in China

China's pension system is in need of reform. The current pay-as-you-go system only covers 30 percent of the population and is funded by a 28 percent payroll tax on participating companies. The remainder of the system is unfunded with liabilities that total almost 140 percent of China's current GDP. Boston University Professor Laurence Kotlikoff provides an interesting set of remedies in a recent op-ed piece. Included in Kotlikoff's set recommendations is the notion of mandatory, state-...

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