Zvi Bodie is absolutely one of the most honest and refreshing voices in finance and economics. Professor Bodie also happens to be an advocate of life-cycle investing.
A recent interview with Bodie is highly recommended and available in U.S. News & World Report.
Highlights from the interview include:
Professor James Galbraith provided a keynote address at a recent industry conference sponsored by NAVA—the Association for Insured Retirement Solutions.
Professor Galbraith comes from the Economics department at the LBJ School of Public Affairs at the University of Texas at Austin. A Keynesian and an author most recently of The Predator State, Professor Galbraith has been a consistently strong and vocal advocate of government stimulus and intervention in response to the financial crisis.
Professor Galbraith’s basic message is...
The annuity puzzle refers to the fact that few people choose to annuitize even a portion of...
