Mark J. Warshawsky is Director of Retirement Research at Towers Watson.
Dr. Warshawsky served as assistant secretary for economic policy at the U.S. Treasury Department from 2004-2006 and he has held senior level economic research positions at the Federal Reserve Board, the Internal Revenue Service and...
Boston University Economics Professor Laurence Kotlikoff has provided a conceptual alternative to Medicare, and he is seeking support of the new health care initiative in the form of endorsements of The Purple Health Plan.
Kotlikoff provides frequent commentary on the dire state of government finances in the United States. Health care spending and Medicare are fundamental drivers of this fiscal distress, and Professor Kotlikoff is seeking consensus on viable alternatives to Medicare.
The Purple Health Plan seeks to cap the government's liability by turning the defined benefit Medicare program into a voucher-based defined contribution system.
Additional features of the proposed health plan...
After a tough couple of years for former Federal Reserve Chairman Alan Greenspan and in an era when the phrase affordable health insurance seems like an oxymoron, it is time to provide some credit where credit is due.
Chairman Greenspan hit the nail on the head in his recent book The Age of Turbulence.
The following are Greenspan’s comments regarding entitlement spending and the healthcare system:
The bottom line in the success of all retirement systems is the availability of real resources at retirement…The financial arrangements associated with retirement facilitate the diversion of resources that make possible the consumption of goods and services after retirement, but
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Meir Statman is the Glenn Klimek Professor of Finance at the Leavey School of Business, Santa Clara University, and Visiting Professor at Tilburg University in the Netherlands.
His research on behavioral finance has been supported by the National Science Foundation, CFA Institute, and Investment Management Consultants Association (IMCA) and has...
Brandon Colby, MD, is a world leader in the field of...
